How do I become a Bitfunded Trader?
Our simulated trading challenge consists of 2 steps that you must pass before becoming a Bitfunded Trader: 1. Stage 1: The initial demo phase of the Evaluation Process. To proceed to Stage 2, you must demonstrate both your trading expertise and adherence to our set Trading Objectives.
2. Stage 2: The second and final step towards becoming a Bitfunded Trader. This step is very similar to Stage 1 but with a lower requirement for appreciation of the demo capital. The purpose of Stage 2 is to confirm that the results obtained in Stage 1 were not merely coincidental.
3. Bitfunded Trader: If you successfully complete the entire evaluation process, you will become a Bitfunded Trader with a Bitfunded Simulated Trading Account of up to 100,000 USDT. Trade consistently on our platform and earn rewards based on your simulated trading performance.


What is the difference between Step 1 and Step 2 challenges? The main difference is the number of evaluation stages. The Step 1 challenge has one evaluation stage before moving to the funded stage, while the Step 2 challenge requires two evaluation stages before becoming funded. The daily loss limit, maximum loss limit, and profit targets also differ between the two challenge types.

What are the rules for trading in a Trading Challenge?
To successfully complete each step of our evaluation process, keep the following rules in mind:
- Each challenge level has a set Profit Target. You must achieve the Profit Target with no open positions to clear each objective.
- Each challenge level has a Maximum Daily Loss and Maximum Loss. Exceeding any maximum drawdown limit will result in immediate disqualification from the challenge. Traders are encouraged to manage their risks carefully within the simulated environment.


How are the Daily Loss Limit and Maximum Loss Limit calculated?
The Daily Loss Limit is calculated based on your initial account balance and resets every day. For example, on a $100,000 account with a 5% daily loss limit, the maximum loss allowed in a single day is $5,000. Even if your account is in profit, losing more than this amount within one day would result in a breach of the rule. The Maximum Loss Limit is a fixed percentage of your initial account balance and does not change during the challenge. For example, on a $100,000 account with a 10% maximum loss limit, the account will only be considered failed if the balance drops to $90,000. As long as your balance remains above this level, the rule is not breached. The platform resets daily between 00:00 and 00:10 UTC+8. You can see this directly on your trading chart, when the chart moves to a new day, the platform resets accordingly, including the daily loss calculation.
What is the settlement time and when does it occur? The settlement time reset refers to the moment when the trading platform transitions from one day to the next. This means that the daily loss limit resets at this time and that trades taken from that moment will count as a new trading day. This occurs between 00:00 and 00:10 (UTC+8).

Can I participate in multiple challenges at the same time? There is no limitation on the number of challenges users can purchase, whether they are of the same type or different types. However, during the Trader Stage, only one ongoing challenge per level is permitted at a time.


What trading fees are charged on Bitfunded?
Bitfunded charges a 0.04% fee of the position size when opening a trade and again when closing it, similar to most crypto exchanges. You can view the detailed breakdown of these fees in the Transaction History section of your trading portal.

What leverage is available on Bitfunded?
Bitfunded offers leverage ranging from 1x to 5x. This range is designed to help traders manage risk more effectively and promote more consistent and responsible trading by reducing the chances of over-leveraging. Is there any inactivity rule before or after starting a challenge?
No, Bitfunded does not have any inactivity rules. You can start trading whenever you are ready, and there is no time restriction related to inactivity before or after beginning your challenge. What payment methods are allowed?
You can pay for a Trading Challenge via digital tokens (USDT) or credit/debit card (Ngenius & Hotmart). We start processing your Bitfunded Challenge Account as soon as we receive the payment. You will receive your trading challenge notification by email.