I’ve spent years in the crypto markets, facing ups and downs. Now, I want to show you a way to boost your trading skills. The crypto prop trading 2-step challenge is your ticket to a new level of trading success and financial freedom.
Picture a world where your trading abilities are valued and rewarded. Here, your hard work and smart moves can lead you to your financial dreams. The crypto prop trading 2-step challenge offers this chance. It lets you prove your skills, get a funded trading account, and enjoy the fruits of your labour.
A digital trading platform with a two-step verification process, featuring charts and graphs displaying cryptocurrency market trends. A silhouette of a person typing on a keyboard with intense focus, surrounded by futuristic technology and a sense of urgency. A maze-like structure symbolizing the complexity of the trading process, with arrows pointing towards a successful outcome. The color scheme is predominantly blue and green, representing stability and growth.
Key Takeaways
- The crypto prop trading 2-step challenge is a two-part evaluation process that allows you to prove your trading consistency and obtain a fully simulated trading account.
- By completing this challenge, you can secure a funded trading account and keep up to 90% of your profits.
- The primary goal is to achieve a total 15% profit target within the two-stage evaluation.
- Upon successful completion, you will receive a funded trader certificate and become eligible for payouts.
- After passing the challenge, you’ll be transitioned to a real ByBit sub-account, giving you access to over 500 spot and futures instruments.
Crypto Prop Trading 2-Step Challenge
What is a Crypto Prop Trading 2-Step Challenge?
The crypto prop trading 2-step challenge is a program designed to test your trading skills in two steps. It aims to prove your trading consistency and skills. By doing so, you could get the chance to trade with a lot of money from a crypto prop trading firm.
Proving Your Trading Consistency
In the first step, you must show you can make profits and trade consistently. You need to hit a 15% profit goal within a set time. This challenge looks for traders who can make money regularly, even when crypto markets are up and down.
Obtaining a Fully Simulated Trading Account
After passing the first step, you get a fully simulated trading account. This lets you move to the second step. Here, you trade with the firm’s money and show your skills in real markets.
This 2-step challenge offers a clear way for traders to show they can trade well and get to use a lot of capital. By joining, you could gain from trading in cryptocurrencies, like sharing profits and growing your trading account.
“The 2-step challenge is a game-changing opportunity for traders to demonstrate their skills and access institutional-level capital and resources.”
The 2-Step Challenge Process
To get a funded trading account, you must finish a crypto prop trading 2-step challenge. This challenge has a refundable fee with the first profit split. Your main goal is to make a total 15% profit in two stages.
The challenge has two main phases to get a funded trading account. In the first phase, you show your trading skills by hitting certain profit targets and drawdown rules. After passing the first phase, you move to the second phase. Here, you’ll trade on a fully simulated account aiming for a higher profit goal. This challenge helps you prove your cryptocurrency proprietary trading skills and get a chance to trade with big capital.
- In the first phase of the prop challenge, you aim for a 10% profit without going over a 5% daily drawdown or an 10% max drawdown.
- Once you finish the first phase, you move to the second phase. Here, you aim for a 5% profit with the same drawdown rules.
After finishing this Hyro crypto prop challenge, you get a funded trader certificate. You also become eligible for payouts. After getting 3-5 payouts on a ByBit DEMO account, you’ll move to a real ByBit sub-account.
Crypto Funded accounts are freedom
Benefits of Passing the 2-Step Challenge
Completing the crypto prop trading 2-step challenge opens up new opportunities for traders. It shows you can trade consistently and profitably. This earns you a funded trader certificate. This certificate is a sign of your skill and can lead to profit-sharing arrangements with cryptocurrency proprietary trading firms.
The 2-step challenge helps you use your trading skills to make big returns. After 3 successful payouts on a ByBit DEMO account, you move to a real ByBit sub-account. .This ensures your success leads to trading on a funded account on bybit.
Funded Trader Certificate
Passing the 2-step challenge proves your trading skills. The funded trader certificate you get is a badge of honor. It shows you can trade profitably and consistently. This certificate can open new doors, letting you show your skills and negotiate better with crypto prop challenge firms.
Profit Sharing Opportunities
Passing the 2-step challenge also means you can join profit-sharing arrangements. The prop challange firm might offer you a good profit split. This lets you keep a big part of your trading profits. This can create a steady income, helping you grow your trading capital faster.
By taking on the crypto prop trading 2-step challenge, you’re not just testing your skills. You’re setting yourself up for success in cryptocurrency proprietary trading. Start today and begin a journey that could change your financial future.
Scaling Your Trading Account
After passing the crypto prop trading 2-step challenge, you can grow your trading account and earn more. The firm might add up to 25% to your trading account balance. This gives you more money to use for trading. Plus, you could get a profit-sharing ratio of 90:10, keeping most of your trading profits.
Increasing Account Size
When you trade well in the prop challenge, the firm might increase your account size. This means you’ll have more money to use for your trading plans. Your account could grow by up to 25%, letting you make more from market chances and grow your trading business.
Higher Profit Split Ratios
The crypto prop trading 2-step challenge also lets you earn a bigger share of profits. As you do well and show your skills, the firm might give you a 90:10 profit split. This means you’ll take home most of what you make from trading, pushing you to keep doing well.
These chances are there to reward traders who do well and keep improving. They help you grow your funded account on ByBit and increase your earnings over time.
“The scaling opportunities provided by the 2-step challenge are a game-changer for traders looking to build a sustainable and profitable trading business. The ability to increase your account size and earn higher profit splits is a powerful incentive to continuously improve your skills and trading strategies.”
Crypto Prop Trading Journey
Getting Started with the 2-Step Challenge
To get a funded trading account, you must finish a 2-step challenge in cryptocurrency trading. This challenge has a refundable fee with your first profit split. It’s a chance to show your trading skills and get a funded account without risk.
Selecting the Right Program
There are different programs for the crypto prop trading 2-step challenge. They vary in account size and fees to match your trading goals and budget. You can pick from the $5,000 account and a €89 fee, up to a $100,000 account and a $599 fee. Think about your trading experience and goals when choosing.
Registering and Paying the Fee
After picking a program, register and pay the fee. This fee is refundable with your first profit split. So, it’s a risk-free way to prove your trading skills and get a funded account. Once you’ve registered and paid, you’re set to start the 2-step challenge and move towards becoming a funded trader.
The 2-step challenge aims to prove your trading consistency and get you a simulated trading account. By choosing the right program and registering, you’re on your way to a funded trading opportunity with chances for profit.
Support and Resources
To help you succeed in the crypto prop trading 2-step challenge, the firm offers great support and resources. You’ll get 24/7 customer support from a dedicated team. They’re ready to help with any questions or problems you face during the challenge. Their quick help and focus on your success will boost your confidence.
The firm also has a strong trading academy to improve your trading skills. It offers educational materials like video tutorials, webinars, and detailed market analysis. This will give you the skills and tools to do well in cryptocurrency proprietary trading.
There are also detailed market analytics to help you make smart trading choices. Tools like Velo and Coinalyze give you real-time insights into the crypto prop challenge market. With this info, you can spot trends, find opportunities, and improve your trading strategies.
24/7 Customer Support
- A dedicated team of experts available around the clock
- Rapid response times to address your questions and concerns
- Personalized guidance to ensure your success in the challenge
Trading Academy and Analytics
- Comprehensive educational resources, including video tutorials and webinars
- In-depth market analysis and trading technique workshops
- Access to advanced data analysis platforms like Velo and Coinalyze
- Real-time market insights to inform your trading decisions
Conclusion
The crypto prop trading 2-step challenge is a great way for traders to show their skills and get a funded trading account. By passing the two-phase test, you can get a fully simulated trading account. You’ll also get a funded trader certificate and access to profit-sharing chances.
With help from the crypto prop trading firm’s resources and support, you can start your path to becoming a successful funded trader. The challenge is open to traders of all levels, thanks to a refundable fee and flexible timeline. Meeting the profit goals and following risk management rules can lead to a funded account on ByBit and a chance to explore cryptocurrency proprietary trading.
Don’t miss this opportunity to show off your trading skills and advance your career. Begin your crypto prop challenge now and set the stage for a successful funded trading career.
FAQ
What is the crypto prop trading 2-step challenge?
The crypto prop trading 2-step challenge is a two-part test. It helps you show you can trade consistently and get a simulated trading account. By doing well, you can get a funded trading account and keep up to 90% of your profits.
How does the 2-step challenge work?
The 2-step challenge is a structured program. It checks your trading consistency and skills in two steps. First, you show you can trade profitably and consistently. Then, if you pass, you get a fully simulated trading account to keep testing your skills.
What are the two phases of the 2-step challenge?
The 2-step challenge has two main phases. In the first, you show you can trade consistently by meeting profit targets and drawdown rules. After passing this, you move to the second phase. Here, you trade on a fully simulated account, aiming for a higher profit goal.
What are the benefits of passing the 2-step challenge?
Passing the 2-step challenge gets you a funded trader certificate. This can lead to profit-sharing with the crypto prop trading firm. Once you get 3-5 payouts on a ByBit DEMO account, you move to a real ByBit sub-account. Here, you can trade and keep up to 90% of your profits.
What are the profit targets and drawdown rules for the 2-step challenge?
The challenge has clear profit targets and drawdown rules. In the first phase, aim for a 10% profit. In the second, aim for 5%. The daily drawdown limit is 5%, and the total can’t go over 10% of the initial balance.
How can I scale my trading account through the 2-step challenge?
By doing well in the 2-step challenge, the firm might increase your trading account balance by up to 25%. This gives you more capital to work with. Plus, the profit-sharing ratio can go up to 95:5 in your favor, letting you keep most of your profits.
How do I get started with the 2-step challenge?
To start the crypto prop trading 2-step challenge, pick the program that fits your trading goals and budget. After choosing, register and pay the fee, which is refundable with your first profit split.
What support and resources are available for the 2-step challenge?
The firm offers full support and resources for the 2-step challenge. You get 24/7 customer support, a trading academy with educational materials, and market analytics to help with your trading decisions.