Key Takeaways
- Aspiring traders can choose between free and paid crypto trading courses available online.
- Crypto trading courses teach a variety of topics, from the basics of crypto and technical analysis to trading strategies.
- The cost of crypto trading courses may differ based on the format and content.
- Always do your research before enrolling in any crypto trading course.
As cryptocurrency trading becomes increasingly popular, more and more individuals are lining up to invest their hard-earned cash into the digital world. However, the complexity of crypto trade and market volatility makes it important for any aspiring trader to learn the basics before diving in. Taking a crypto trading course is one of the best ways to learn, and this article offers several examples you can use to learn and stay on top of the game.
The Importance of Learning Crypto Trading
Unlike other financial markets that close and open at certain times, crypto markets never sleep and remain open for business 24/7. This and other factors make them highly volatile and vulnerable to various global occurrences. It is, therefore, significant for aspiring traders and investors to learn the ropes and become updated on market trends to succeed. Crypto trading courses are intuitively progressive and can give users a logical path to help them understand the fundamental technical and psychological drivers associated with crypto trading.
Suppose you’re interested in trading or just started crypto. In that case, it is important to remember that trading is both profitable and risky, with the potential to make big profits or big losses in a single trade. As such, you need to take time to read and understand the basic mechanics of trading before diving in. Since the best crypto trading courses may differ based on your existing knowledge, needs, and budget, you need to research several courses to select what best suits your needs.
How do I Learn Crypto Day Trading?
If you’re beginning with crypto trading, you’re best advised to begin with a comprehensive digital asset educational program. This will include crypto trading courses that teach trading strategies, how to read price action, key indicators to look out for, and technical analysis. Moreover, the best crypto trading courses will most likely offer mentorship opportunities, a community, and some extensive video lessons. Look for courses that offer lessons from beginner to advanced levels and include lessons from mentors who have personally achieved success with crypto trading. Most importantly, select a course based on your current knowledge or experience of crypto trading and your budget.
What are Among the Best Crypto Trading Courses?
Below is a list of the best crypto trading courses you can choose from. While our list isn’t exclusive, it can help you learn what features you need to prioritize to locate the best trading course at the price you can afford. While some of the courses are more catered towards Forex or stock trading, they also work well for crypto trading since the basics, such as technical analysis, are mostly the same.
Coursera
Coursera is one of the leading crypto trading courses, providing students with a variety of online courses. The platform collaborates with institutions like Duke University, Carnegie Mellon University, and Columbia University to offer an extensive selection of relevant courses. Instead of developing the course materials internally, Coursera collaborates with hundreds of universities worldwide to launch a wide variety of courses. In this way, users are assured of learning trading basics from esteemed institutions and receive testimonies from mentors who are experienced in crypto trading.
Pros
- Courses are affordable
- Collaboration with multiple universities
- Credits can count toward a degree
Cons
- Course pricing models are not very clear
Skillshare
Skillshare offers users a variety of courses that help them learn new crypto trading skills or improve on what they already know. Skillshare uses a subscription model of training, where members choose between paying an annual or monthly fee to access the extensive library of courses. The courses on Skillshare are mostly video-based, and they cover subjects like an introduction to cryptocurrencies, blockchain, and crypto day trading. Additionally, users can learn design, writing, marketing, technology, and illustration, among others.
Pros
- Offers a wide variety of courses
- Easy-to-use models
- Free trials available
Cons
- Some instructors may not be not credentialed
Udemy
Udemy offers a cryptocurrency trading course for beginners covering the absolute basics of trade, which is absolutely free. The platform offers another wide range of crypto trading courses for a fraction of what the competition charges. Users can take courses such as Day Trading for Beginners and other more advanced options. While Udemy doesn’t provide a community or a mentorship program, users get lifetime access to course materials and a 30-day money-back guarantee.
Pros
- Wide variety of courses to choose from
- Prices are affordable
- Lifetime access to course materials
Cons
- The platform doesn’t offer a community or mentorship program
Certified Cryptocurrency Trader
The Blockchain Council offers a certified cryptocurrency trader course that is specifically designed for entry-level traders. The course covers topics including technical analysis that reveals the most important indicators, chart drawing tools, and candlesticks, and traders can use them effectively. The course also delves into areas like derivative trading and perpetual futures that support leverage and short-selling, as well as risk management practices and crypto trading strategies. Since the course costs $249 and is online, users can learn at their own pace. The certified cryptocurrency trader course lasts five hours, followed by a 1-hour exam, and students are required to pass with at least 60% to be certified.
Pros
- Appropriate for beginner traders
- Students receive certification
- Includes spot and derivatives trading
- Self-directed
Cons
- Doesn’t cover advanced concepts, strategies, and crypto trading techniques
Bear Bull Traders
The Bear Bull Traders crypto day course offers a variety of training levels, beginning with basic at $99 monthly and continuing to elite at $199 monthly. Users will learn different trading strategies, including options, and investors will be trained on how to master the psychology of trading so they can become all-round traders. The course developers run a community program enabling traders to remain connected on their trading journey in addition to a one-to-one mentorship program. In addition to downloadable courses, webinars, and an extensive video library, the course enables learners to access other traders so they can learn from them.
Pros
- Has an extensive library offering high-quality tutorials
- Community and chat rooms are available
- Offers access to trading simulators
- Offers a community and chat rooms
Cons
- Relatively high 7-day trial fee of $39
Blockchain and Crypto Applications (MIT)
Blockchain and Crypto Applications is a course offered by MIT focusing on cryptocurrencies and related use cases. The course covers a wide variety of real-world applications associated with the digital space, including decentralized finance (DeFi), non-fungible tokens (NFTs), and the future of Web3, among others. In addition to learning about the specifics of cryptocurrencies, the course also takes a deep dive into the use of stablecoins and the legal and regulatory issues facing the cryptocurrency industry. Students are required to dedicate between 6 and 8 hours weekly over the six weeks the course takes and learn through different modules, including presentations, interactive videos, and assignments. The MIT crypto trading course is designed for people who want to learn real-world applications of crypto and costs $3,500.
Pros
- Professional course offered by MIT
- Interactive videos and presentations
- Modules include assignments and quizzes to test knowledge
- Covers the broader crypto industry
Cons
- Rigid timelines and not as self-paced as others
- High cost at $3,500
Conclusion
The courses mentioned in our list of the best crypto trading courses are not exclusive, meaning there are many others you can find online. The best course for you will depend on your specific needs. Whether you’re just getting started or you have some experience and want to delve deeper into trading, make sure you choose a course that will help you learn the basics and both technical and fundamental analysis procedures that will help you plan how to trade digital assets. Mastering crypto trading may be stressful at the beginning, but taking the time to learn the science is worth all your efforts.
