With the rise of prop firms in the crypto space, traders can now scale their skills and earnings without risking real capital. Bitfunded, a professional simulated proprietary trading firm, is among the top choices for crypto enthusiasts to prove their trading discipline and get funded using demo capital in real market conditions.
If your goal is to pass your prop firm challenge and become a consistently profitable trader in the crypto markets, this step-by-step guide is just what you need. We’ll walk through everything you need to know to clear Bitfunded’s evaluation, trade crypto assets effectively, and start earning real payouts through a virtual trading environment.
Understand the Crypto Prop Firm Challenge Rules Thoroughly
Before you place a single trade, you need to fully understand the structure and rules of your crypto prop challenge. At Bitfunded, the two-stage process includes:
- Profit targets: for example, 8% in Stage 1 and 5% in Stage 2
- Daily and overall drawdown limits: typically around 5% and 10% respectively
- Minimum active trading days: usually five trading days
These rules are enforced strictly. Any violation, such as breaching the daily drawdown, can lead to automatic disqualification, regardless of profit.
Because Bitfunded is crypto-focused, the challenge is based entirely on crypto pairs like BTC/USDT, ETH/USDT, and other leading tokens, traded in real-time but through simulated accounts.
Build a Crypto-Centric Trading Strategy
To succeed with the best prop firm challenge, your trading strategy must be designed specifically for the crypto market. Crypto assets are more volatile and operate 24/7, unlike traditional markets.
Your plan should account for:
- High volatility and sudden news-driven moves
- Preferred trading hours (based on your timezone and asset liquidity)
- Use of stop-losses on every trade to protect from flash crashes
- Technical indicators tailored for crypto behavior (e.g., VWAP, RSI, Fibonacci zones)
Because Bitfunded uses real crypto market feeds, applying strategies that have been backtested on digital assets ensure you’re well-prepared to handle live conditions, even if your capital is virtual.
Master Risk Management for Crypto Volatility
Crypto markets can move dramatically in short periods, making risk management a critical factor in achieving success. Even though you’re trading a simulated proprietary trading firm account, risk violations will cost you the challenge fee and delay funding.
Adopt strict risk principles such as:
- Never risking more than 1-2% of your simulated account per trade
- Setting maximum daily losses (e.g., stopping trading if down 3-4% for the day)
- Using trailing stops or manual exit zones based on crypto price action
- Avoiding overexposure to highly volatile altcoins during uncertainty
Bitfunded rewards traders who manage risk consistently. Our platform metrics give you a live view of your drawdown, risk level, and trading health to stay within limits.
Be Consistent Rather Than Aggressive
Many traders make the mistake of going after large returns early in the challenge. This backfires quickly in crypto trading, where wild price swings can work against aggressive positions.
To pass your prop firm challenge, trade steadily:
- Set realistic daily profit goals (e.g., 1-2%)
- Limit the number of trades per day to avoid emotional decision-making
- Stick with high-liquidity crypto pairs to prevent slippage or platform lag
- Trade only during periods of high market activity (e.g., US or Asia sessions)
Bitfunded’s model rewards consistency and rule adherence. The goal is to show that you can follow a professional routine, not take unnecessary risks.
Strengthen Your Trading Psychology
Crypto trading can be mentally taxing due to its 24/7 nature and constant volatility. To succeed in your evaluation, it’s essential to develop strong psychological discipline.
Ways to manage your mindset include:
- Journaling each crypto trade and reviewing your thought process
- Taking strategic breaks, especially after consecutive losses
- Avoiding high leverage unless your edge is tested and reliable
- Keeping a calm, focused environment while trading
Emotional discipline often separates successful traders from those who burn out. This is especially true in a crypto environment, where one mistake can snowball rapidly.
Simulate Challenge Conditions with Crypto Assets
Before starting the official challenge, test your strategy in demo conditions that closely mimic Bitfunded’s evaluation setup. Trade crypto pairs under the same drawdown rules, minimum days, and platform mechanics.
This preparation helps you:
- Learn the nuances of crypto volatility
- Track your behavior under pressure
- Identify and fix weaknesses in real time
Practice and ace your trading skills through Bitfunded and enhance your chances to better perform during the live challenge.
Review Failures and Optimize
If you don’t pass on your first try, use it as a learning experience. Analyze your trades:
- Were you overtrading during low-volume crypto hours?
- Did you deviate from your stop-loss plans during volatility spikes?
- Were you trading risky altcoins instead of stable pairs like BTC/USDT or ETH/USDT?
Bitfunded offers multiple challenge levels and opportunities to try again. Use re-entries as a chance to refine your approach, not as a setback.
Choose the Right Challenge Tier for Crypto Experience
Bitfunded offers a range of challenge tiers (Base to Expert), with account sizes from $10,000 to $200,000 in simulated USDT. Choose a level that suits your comfort with the crypto market size and volatility.
For beginners, a Base or Starter account is a great way to test your discipline in a manageable setting. Experienced traders can target larger tiers and aim for higher payouts.
The platform also includes a scaling model where your payout ratio increases from 80:20 to 90:10 if you demonstrate strong and consistent performance.
Prepare for Funded Crypto Trading
Once you successfully complete both evaluation stages, you’re granted a funded simulated crypto account. Though still virtual, this account enables you to earn real payouts based on your performance.
To succeed at this level:
- Stick with your existing strategy, don’t change tactics post-funding
- Trade conservatively to protect your funded status
- Request withdrawals monthly and track your growth
- Avoid overconfidence just because the capital size has increased
Bitfunded processes payouts in USDT, and funded traders can earn thousands in real profits based on simulated trading results.
Final Thoughts
Passing a crypto-based prop firm evaluation demands discipline, patience, and a system built for the unique demands of digital assets.
Bitfunded’s exclusive concentration on crypto trading positions it as a premier choice for traders who wish to focus on digital currencies alone without combining forex, equities, or traditional assets. Whether you are a beginner in crypto trading or a professional with scaling aspirations, this simulated proprietary trading firm offers a seamless and fulfilling direction ahead.
By adhering to the process above, you can reliably pass your prop firm challenge, obtain your funded account, and begin earning regular payouts in the crypto world.