Bitfunded Review: How Its Crypto Trading Challenges Work
Bitfunded is a proprietary trading firm that offers simulated trading challenges for crypto traders. Traders pay an entry fee and trade in a simulated environment using live market data while following specific profit targets and risk-management rules. Successful traders can progress to a demo funded account and earn performance-based rewards based on their simulated trading results.
Key Features:
Simulated Trading: Bitfunded's challenges and funded accounts operate in a simulated environment using live market data.
Crypto-Focused Markets: Bitfunded currently offers access to more than 100 crypto trading pairs, along with a selection of TradFi pairs.
Performance-Based Rewards: The standard reward split is currently 80/20 in the trader's favour, with eligible traders able to increase their share through Bitfunded's incentive program.
Defined Trading Rules: Challenges include profit targets, daily-loss limits and maximum-loss limits that traders must follow to progress.
Trading Risk Notice: Bitfunded operates in a simulated trading environment, but participation requires a challenge fee and traders can lose that fee if they fail the challenge or breach the trading rules. Performance-based rewards are not guaranteed. Always review Bitfunded's current rules and terms before participating.
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