Real crypto proprietary trading firms engage in trading on the actual market with real liquidity. These firms typically do not offer remote capital provision; for instance, to trade for a crypto proprietary trading firm, you might need to work at a desk in London within an office environment. Tier 1 firms have their own trading strategies, often focusing on market making, algorithmic trading, or high-frequency trading (HFT). To be hired by such a firm, you need to possess genuine talent and skills. Although traders can receive a profit share, the percentage might be lower because they trade with significantly larger liquidity. These firms seek algorithmic traders and highly educated individuals with a mathematical background. Wintermute is among the most successful tier 1 crypto proprietary trading firms.