This feature allows users to test Hummingbot and simulate trading strategies without risking any actual assets. Enter the command paper_trade to enable this feature.

Note

Exchange APIs are not required to run the bot on paper_trade for Pure Market making, Cross Market Making and Liquidity Mining strategies.

## Enabling and Disabling¶

Paper trading mode can be enabled and disabled from the Hummingbot client by doing paper_trade or config paper_trade_enabled.

The top bar shows the status to indicate if paper trading mode is on or off.

Also shows a reminder that paper trade was enabled when doing a status or history command.

Tip

In the event that the bot is running on paper trade and you disable it, you need to stop and start the bot to apply the changes. Make sure your Exchange APIs are connected as well when going live.

By default, the paper trade account has the following tokens and balances which you can see when you run the balance paper command.
  1 2 3 4 5 6 7 8 9 10 11 12 >>> balance paper Paper account balances: Asset Balance DAI 1000.0000 ETH 10.0000 ONE 1000.0000 TUSD 1000.0000 USDC 1000.0000 USDQ 1000.0000 USDT 1000.0000 WETH 10.0000 ZRX 1000.0000 
When adding balances, specify the asset and balance you want by running this command balance paper [asset] [amount].
  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 >>> balance paper BTC 0.5 Paper balance for BTC token set to 0.5 >>> balance paper Paper account balances: Asset Balance BTC 0.5000 DAI 1000.0000 ETH 10.0000 ONE 1000.0000 TUSD 1000.0000 USDC 1000.0000 USDQ 1000.0000 USDT 1000.0000 WETH 10.0000 ZRX 1000.0000