Bitfunded is one of the rising funded prop firms specializing in providing crypto traders with capital to trade on a simulated account before moving to live funded accounts. Its structured two-phase evaluation process, including Stage 1 and Stage 2, is designed to identify skilled, disciplined traders who can manage risk and trade profitably. For traders new to the world of proprietary funding or those looking to optimize their approach, understanding the nuances of Bitfunded’s process is essential. This blog outlines effective strategies and key tips for passing Stage 1 and Stage 2 and advancing to become a Bitfunded Trader.
Understanding Bitfunded’s Two-Phase Evaluation
Bitfunded operates on a model common among the best funded prop firms, featuring a two-step evaluation to allow traders to prove their skills:
- Stage 1: The initial step requires traders to demonstrate consistent profitability by achieving an 8% profit target on a demo account while respecting strict risk limits, 5% max daily drawdown, and 10% overall loss limit. Traders must also adhere to a minimum number of trading days (usually 5) to prove sustainable performance.
- Stage 2: After successfully passing Stage 1, traders enter Stage 2, where they aim for a lower profit target, typically 5%, but must continue to respect risk management rules. This phase confirms that the trader’s prior success was not a coincidence but a reflection of disciplined trading.
The entire process revolves around discipline, consistency, and risk control, and passing both phases unlocks access to Bitfunded’s simulated funded account with capital up to 100,000 USDT, allowing traders to share in profits.
Key Tips to Pass Bitfunded’s Stage 1 Challenge
Choose the Right Trading Plan-
Bitfunded offers different challenge tiers varying in size and difficulty. Start by selecting a plan aligned with your trading experience and comfort level. Beginners should consider plans with lower capital requirements and smaller profit targets to build confidence.
Master the Trading Rules-
Carefully study Bitfunded’s trading rules. These include daily loss limits, max drawdown, profit targets, and restrictions on holding periods or instruments. Even if you make profits, breaching these rules leads to disqualification. Deep familiarity prevents costly mistakes.
Develop a Proven Trading Strategy-
Successful traders at Bitfunded rely on well-tested strategies tailored to the crypto markets. Focus on liquid pairs such as BTC/USDT and ETH/USDT, employ technical indicators that suit your style (e.g., RSI, MACD, VWAP), and always use stop-loss orders to protect capital.
Manage Your Risk Strictly-
Risk management is crucial within prop trading platforms. Allocate only small portions of your capital per trade (1–2%) and avoid large positions in volatile altcoins. Control daily exposure and avoid revenge trading after losses.
Simulate Before You Commit-
Utilize Bitfunded’s demo or free simulation tools before making the real challenge investment. Practicing your approach in a risk-free environment helps adjust strategies based on market reactions and builds confidence for the live challenge.
Keep a Trading Journal-
Log every trade to analyze what works and what doesn’t. Note trade setups, entry and exit rationales, outcomes, and emotional control to refine your approach and avoid repeating errors.
Stay Consistent Instead of Aggressive
Passing is about steady, consistent gains rather than quick wins. Set modest daily profit goals, avoid overtrading, and patiently aim for the 8% target over the required trading days. Discipline beats impulsiveness.
Insights on Passing Bitfunded’s Stage 2 Phase
Verification is slightly less demanding in terms of profit target but tests your ability to maintain discipline and consistency under relaxed conditions. Tips for this phase include:
- Keep following strict risk management – the max loss and drawdown limits remain
- Focus on consistent trade execution without chasing high returns
- Continue trading liquid assets to minimize slippage and price gaps
- Avoid taking impulsive trades based on emotions or news hype
- Review your progress daily and refine your approach as required
Why Choose Bitfunded Among Proprietary Trading Firms for Traders?
Bitfunded stands out among proprietary trading firms for traders for several reasons:
- Clear, transparent evaluation rules with a fair profit target and risk limits
- Focused on crypto markets, offering access to major digital asset pairs with 24/7 trading
- Flexible challenge plans that cater to various trader skill levels and capital sizes
- Emphasis on trader education and providing supportive resources for evaluation success
- Simulated funded accounts post-verification, building trader confidence before moving to live capital
How Bitfunded Compares to the Best Instant Funding Prop Firms
While some firms grant instant live funding without evaluation, Bitfunded’s two-step challenge provides a structured path to proving skill and discipline. This process ensures traders are ready for live funds, reducing the risk of heavy losses. However, for those seeking quicker funding access, the best instant funding prop firms might be an alternative, albeit at higher risk or cost.
Why Proprietary Trading Platforms Matter
At the core of Bitfunded’s offer is its proprietary trading platform, designed to simulate realistic market conditions with no price manipulation and smooth execution. This platform is critical for evaluating true trading ability in a controlled environment while providing all necessary tools, including advanced charts, trade logs, and risk management alerts.
Choosing a reliable proprietary trading platform ensures accurate evaluation results and builds trader trust, which is why Bitfunded invests heavily in technology that matches industry standards.
Conclusion
Passing Bitfunded’s Stage 1 and Verification phases is achievable with the right preparation, mindset, and approach to trading. By thoroughly understanding the challenge rules, focusing on consistent profit generation, practicing strict risk management, and using the proprietary tools and resources available, traders can unlock the opportunity to trade sizeable capital and earn profit splits.
For aspiring traders looking to join one of the prominent funded prop firms, Bitfunded offers a clear, transparent path with a focus on crypto trading and skill validation. With the right strategies and discipline, success in Bitfunded’s evaluation process is easily achievable.