5 Best Cryptocurrency Trading Courses
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Cryptocurrency is a decentralized, digital currency that uses cryptography for security, which makes it exceedingly difficult, if not impossible, to counterfeit.
It removes the need for banks and other institutions, as well as exchange rates and all the other barriers to effective trading on a global scale.
Bitcoin may have been the first cryptocurrency, but there is an ever-growing number of digital currencies that can be bought, sold, used and traded.
Cryptocurrency offers a world of financial opportunities. As it is built around open-source and peer-to-peer (P2P) markets, if you want to be a successful trader, you need to learn quickly about this emerging market.
- Choice of courses available to suit different topics and needs
- Members' chatroom
- Live class training available
- Watch live trading
- Courses require expensive monthly, annual or one-off payment for access
- No free trial
Bulls on Wall Street was conceived as a community to improve ongoing education for traders back in 2008. Designed to leverage the innovations in social media to make sharing best practices and new strategies easier, it is a popular destination for beginner traders as well as those who have some experience and want to learn new things.
Although the courses might be considered quite pricey, payment plans are available on almost every course, and there are some Swing Trading courses you can buy on-demand if there are specific topics like options or retirement trading that you want to learn about.
The 60 Day Trading Bootcamp was established in 2012 as a full coverage trading program, teaching everything that you will need to become a sophisticated and successful trader. This course is a combination of homework, seminars, and videos on everything from the basics of trading instruments to strategizing, reading the market, and making decisions based on trends and market sentiment.
As with other courses offered by the Bulls on Wall Street team, the amount you pay for the course also offers you access to the community where you can continue to learn from more experienced traders – including the founders. Other courses include a free beginner’s course that comes with a trading kit you can get by signing up to the email mailing list, and there are courses specifically designed for swing traders and day traders.
One of the newest offerings includes a Crypto Day and Swing Trading course, with content that focuses on diverse ways to trade digital currencies. There are more than 100 lessons included, taking you from complete beginner to confident trader and giving you access to the crypto trading room too.
- Free introduction course
- Transparent founder
- Lifetime access to both free and paid course content
- Access to online community of traders after completing paid course
- Expensive master course
Price: Free (Become a Trader); $899 (Become a Master)
Time to complete: Approximately 3.5 hours (self-directed)
Instructor: Craig Cobb
TraderCobb is another course from a professional trader, and there are two versions of the beginner syllabus – free and paid.
The free course gives enough information and an overview as a no-nonsense introduction to cryptocurrency trading.
The paid course gives more detail about trading strategies that have worked for others. It is a course that is aimed at those looking to trade in cryptocurrency.
- Fundamentals of trading
- How to read charts
- Understanding price action
- Which indicators to use or to ignore
- Managing risk
- Determining trend
- Free trial available
- Daily live streams and market analysis
- Insights from trading mentors
- Community of fellow traders to discuss ideas with
- Online video library for education
- Requires monthly subscription (different tiers) to maintain access
- May not offer much value to advanced traders
Successful trading is about more than just signals – and that is what Nick McDonald had in mind when he created Forex Signals in 2012. After discovering that there was no resource for traders to interact, discuss the market, and learn from each other, he decided to build a transparent and inclusive community – and Forex Signals was born.
Now with more than 500,000 members learning from three world class mentors, the Trading Room includes access to educational videos, a chat function with other members and the mentors, trading signals and live streams, trade discussions and access to leading trading tools.
There are three levels of access to the Trading Room. Every level of access includes pro trading video academy, daily live trading sessions and a real time global news stream, analysis of trade sentiment and weekly hot picks.
- The Apprentice costs £77 and allows access for one month at a time.
- The Committed costs £39 a month and gives six months access. At this level, you also get some direction from the mentors, as well as a one-on-one with a mentor and exclusive brokerage access.
- The Professional membership is billed annually, costing £36 per month, and gives members a direct line to mentors and the Trend Surfing Expert Advisor.
4. How to Trade
- Learn at your own pace
- Video lessons cover a wide range of topics
- Both free and paid-for courses are available to suit different preferences
- Requires paid subscription to maintain Trading Room access (various tiers available)
Providing a trading education that is designed to take you from the basics through to the advanced strategy, How to Trade has a wealth of world-class educational resources.
There are more than 50 free trading lessons, designed by globally recognised mentors, and when you complete them, you will receive a certificate. You can expect the free courses to include both forex and stocks education – from a basic introduction through to charts, technical analysis, indicators, risk management and psychology.
Alongside the free courses, there is premium content that comes with membership of the Trading Room. There are three different membership levels, with increasing benefits as the price goes up. Every level includes access to the Trading Room, all the premium content in the modular video academy, daily live trading sessions, trade sentiment analysis, weekly hot pick analysis, real time global news stream, live interactive workshops and access to pro trader tools.
The different pricing structures are as follows:
- The Apprentice – £77 per month, billed monthly. Includes one month access to the Trading Room.
- The Committed – £39 per month, billed six monthly. Includes six months access to the Trading Room. This also includes exclusive brokerage access and one-on-one with a mentor.
- The Professional – £36 per month, billed annually. Includes a year’s access to the Trading Room, all the features of the Apprentice and Committed subscription, but also a direct line to the mentors, the Trend Surfing Expert Advisor, and a license key to Forex Tester 5.
- Low minimum investment from €1
- User-friendly platform
- Useful educational resources for beginners through to experts
- Range of deposit and withdrawal options
- Choice of digital assets available
- Available via web and mobile app
- Fiat deposit and withdrawal fees may apply depending on method
- Crypto deposit fees below certain thresholds
- Crypto withdrawal fees
- Not available to US clients
BitPanda was founded in Vienna in 2014 with a vision to build a digital platform that allows simple and user-friendly access to the markets for everyone.
Now one of the fastest-growing fintechs in Europe, BitPanda has reimagined investing with simple and easy-to-use financial products that allow for trading everything with as little as one Euro.
Through BitPanda, you can trade more than 100 digital assets, such as cryptocurrency, stocks, ETFs and precious metals, with several base currencies available and more deposit options than other trading platforms thanks to the inclusion of electronic wallets like Skrill and Neteller.
Fees for buying and selling crypto are about 1.49% and there are deposit fees, depending on currency and payment methods. For verified accounts, there are no trading limits on BitPanda.
There are two types of accounts available on BitPanda – a normal trading account and a business account.
BitPanda offers a great level of education through the BitPanda Academy. This is a completely free and regularly updated eLearning platform.
The Academy has a series of lessons on personal finance, with specific subjects like assets and liabilities, budgeting and saving, and some basic knowledge on investing.
The trading lessons are divided by the level of trading, with a series of lessons from beginner through to expert.
Here you can find self-directed learning on cryptocurrency, blockchain, wallets and mining pools, as well as dApps, proof of work and order types.
The learning is delivered through simple articles that are also available via video on their YouTube channel, and at the end of the lesson, there are recommendations for further reading and other sources of information.
According to Investopedia, the cryptocurrency market is expected to reach a value of $1.7 billion by 2027.
There is a real opportunity to get involved if you can adapt to the steep learning curve and the terminology.
Choosing a good cryptocurrency trading course can help you learn all you need to know to work with digital currencies and effectively trade them.
A crypto course may offer a full overview of the currency and how to use it, or may focus on a particular aspect.
It can be difficult to decide which courses offer the best value and are actually worth investing in, and which ones might be scams.
Our guide will help you to find the best ones out there and how to pick one that is right for you.
Cryptocurrency courses can be broad-spectrum, offering a top-level overview of the processes and history. They are mostly aimed at beginners or those with no trading experience.
There are also more specific courses about certain aspects of cryptocurrency, such as trading signals or which digital currency is best.
The main topics covered by cryptocurrency courses include:
Cryptocurrency technology – A focus on the way crypto works and how it is created; looking at blockchains, smart contracts and dapps (decentralized applications), as well as the importance of cryptography.
Trading cryptocurrency – Using technical analysis to decide which alternate currency to buy and sell – and when – including trading strategies. Learning how to read crypto charts and make decisions on actions as well as how to assess ICOs (initial coin offerings).
As the whole crypto market is based on being open-source and decentralized, anyone can become an expert, which is why this is a great emerging market to get into.
However, when it comes to learning, there is no guaranteed worthy source.
Not every online course is going to provide you with the adequate knowledge you need to get started.
As with other forms of trading, there is always financial risk involved in cryptocurrency, so learning more about it is important.
When assessing a crypto course, there are a few things to consider:
If you are a complete beginner, you want a course that can provide all the information you need on every aspect of cryptocurrency.
If you are already familiar with the subject, you might be looking for content based on a specific area that you want to concentrate on.
Do you want to learn trading strategies and technical analysis as well as how crypto mining and blockchains work?
The content of the courses you are considering should be a major factor in choosing the right course for you.
There are a few facets to this question.
When you are choosing an online course, a reputable learning resource usually offers the best teaching quality.
In some cases, online teaching comes from a recognized institution like a university. Other good courses might come from established, successful traders who have developed their own strategies and are willing to share them online.
There is no regulation around delivering this sort of content, so it is always advisable to seek out independent reviews of the course you are interested in to make sure that the teacher is respected and the course is legitimate.
Some courses might be completely online, others might provide in-person tuition.
Whether online or not, you want to make sure that it is not just teaching that is being delivered. Look out for downloadable resources, quizzes and tests to make sure that you can apply your newly acquired knowledge.
Find out how much support you will be offered throughout the course. Is it a series of videos to be watched as and when, or will you have direct contact with the instructor?
A good cryptocurrency course can be expensive, but there are lower cost and even free options available.
The test for whether the course offers value for money is whether you are getting enough out of it to warrant the cost, whatever that might be.
If it is a complete A–Z course that offers you everything you need to gain not only a certification, but also enough knowledge to begin trading successfully straight away, then that might represent excellent value for money.
Are you taking this course as a business opportunity or do you just want to learn more about this new type of currency?
Evaluating a course is more productive when you have a clear idea of what you want to achieve from your learning.
Some courses come with shareable certification that can be added to resumes or your LinkedIn profile, while others will get you set up and ready to trade by the end of the course.
Decide on the outcome you want and bear it in mind when selecting a course.
A cryptocurrency is a digital form of currency that is traded on a global scale. Because it is decentralized, it isn’t held in a specific location or bank. It is also virtually impossible to counterfeit.
The best place to learn about trading cryptocurrencies is through dedicated trading courses and dummy platforms.
Courses will teach you the principles of trading, while dummy platforms will allow you to practice what you have learned and develop your own instincts for trading without risking real money.
There are several places where you can find trading courses specifically targeted to teaching individuals how to trade cryptocurrencies.
Many online trading platforms will offer their own courses which will teach you how to trade as well as specific details relating to their platforms.
Professionals within the world of trading will often create courses that teach others the skills and techniques that they have developed through their career.
The best way to learn about cryptocurrency trading is through a designated course or demo platform. These will teach you everything that you need to know about how cryptocurrency trading works as well as enable you to practice your skills and develop a trading strategy.
A cryptocurrency trading course is likely to cover topics such as:
- What cryptocurrency trading is and how it works
- Strategies for trading and how to develop your own strategies
- How to read technical information such as trading charts
- Technicalities such as crypto wallets and mining
Generally, courses are designed to give information. If you are wanting to practice trading for free then this is generally done using a demo account.
Demo accounts are set up on a trading platform and offer the opportunity to practice trading skills and develop strategies without risking real money.
Some platforms will allow you to use a demo account for an unlimited length of time. Others will have a 30-day limit in which you can get to grips with the platform.
It is impossible to guarantee how much money can be made through any form of trading. The markets are constantly changing and although it’s possible to predict growth this doesn’t always take into consideration variables that are outside of your control.
While cryptocurrency courses can’t guarantee that you will make a specific amount of profit, they can help you to understand the markets better which will enable you to make more educated decisions regarding when the best times to buy and sell are.
Day trading is generally considered to be riskier than a long-term trading strategy and there are several courses that can help you to develop the knowledge and techniques that you will need for successful day trading.
The term ‘trading pairs’ refers to pairs of assets that are essentially swapped within trades.
This means that you can trade one type of currency for its paired currency. For example, a trading pair would be Ether/Bitcoin Cash (ETH/BCH). This means that you would be able to trade bitcoin cash for ether or ether for bitcoin cash.
The platform that you choose will largely depend on which cryptocurrencies you are hoping to trade with and whether or not you are also hoping to trade using other options such as Forex and stocks.
Many platforms will offer demo accounts and online training regarding the features and uses of their particular platform.
Day trading comes with a lot more risk than the risks associated with other forms of trading. Although the potential risks can be large, the other side of the coin is that the potential returns can be lucrative.
For some people, it is worth taking the risks to reap the benefits.
For those looking to try day trading, bitcoin has consistently shown to be one of the best performing cryptocurrencies available to trade with.
Most of the available trading courses are found online and can be completed in your own time.
There is no specific ‘best’ course. A lot of the time, the course that you choose will depend on what it is that you are hoping to gain.
It is always best to find a course that focuses on the area which interests you the most and allows your knowledge to grow.
If you are a beginner trader, then it is important to choose a course that specifically caters to beginners.
Current predictions suggest that PancakeSwap and Polkadot are currencies to watch in 2022.
No course can guarantee results and day trading is the riskiest type of trading to undertake.
Having said this, courses can help you to learn about different types of cryptocurrencies and trading to build a strategy that can help you to make money.
There are many reasons why traders would say that BitPanda is a good choice for trading and investing.
The BitPanda Academy is completely free to platform users and the relatively low transfer fees make it a popular choice of trading platform for individuals looking to trade in cryptocurrencies.
Bitcoin and other cryptocurrencies are still an emerging market and a developing technology, so the education surrounding them is not yet regulated.
Anyone wanting to take a recognized course to learn about buying, selling, mining and trading cryptocurrency needs to do some research because there are a lot of courses on offer.
The best course for you will depend on the amount you are prepared to spend, what you want to learn and who you want to learn from.
Do you want to take a course provided by a university or through a recognized learning platform, or do you want to learn from a professional in the market?
The steep learning curve that is needed to make profitable trades from cryptocurrency is easier to manage when following the structure and content of a good cryptocurrency trading course.
WikiJob does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal.