LAST UPDATES FAQ
BYBIT PLATFORM
HOW TO CREATE AN ACCOUNT AND CONNECT THE API KEY
To participate in the evaluation through Bybit, users must create a personal Bybit account at here. Once registered, an API Key must be generated and connected to the Crypto Fund Trader dashboard. Full instructions are provided during the onboarding. The API Key must remain active and unchanged throughout the entire evaluation period.
WHICH COUNTRIES ARE ALLOWED?
Crypto Fund Trader does not impose any country restrictions on users who choose to evaluate via Bybit. However, all traders must use their own personal Bybit accounts and are fully responsible for complying with Bybit Terms of Service and jurisdictional restrictions.
Traders from such countries may use Bybit demo accounts at their own discretion and risk. Crypto Fund Trader is not responsible for any breaches of Bybit terms, nor for any actions taken by Bybit against the user’s account.
WHICH INSTRUMENTS CAN BE TRADED?
More than 715 crypto futures trading pairs on Bybit.
Only crypto futures contracts are permitted during the evaluation.
Trading any other instruments—such as spot or options—is prohibited.
IMPORTANT INFORMATION ABOUT API KEYS
Once an API Key and Subaccount are connected to the evaluation, they must not be edited, deleted, or replaced. Doing so will result in the automatic invalidation of the evaluation account. In case the API Key expires, the account will be paused and marked as “pending” until a new valid key is provided and approved.
IS KYC REQUIRED ON BYBIT?
KYC is not required to participate in the evaluation with demo capital. However, each participant is responsible for complying with Bybit’s policies. Crypto Fund Trader does not enforce or bypass any KYC requirements imposed by the platform.
WHAT ARE THE TRADING FEES?
Trading fees on Bybit evaluations depend on the conditions of each user master account. Fees vary based on trading pair, maker/taker status, and volume tier.
Review the full fee structure directly on Bybit at the following link
WHAT IS THE AVAILABLE LEVERAGE?
Leverage on all types of evaluations is up to x100 depending on the instrument according to the Bybit platform.
ASCEND EVALUATION
WHAT IS THE MAXIMUM ALLOCATION IN THIS EVALUATION?
In Ascend evaluations, the maximum allocation does not apply in comparison to other accounts you may have per user. Note that the max profit per day/trade limit still applies.
WHAT IS THE LEVERAGE?
The leverage on ascend evaluation is:
- Forex; 1:30 leverage
- Commodities; 1:30 leverage
- Indices; 1:20 leverage
- Cryptos; 1:5 leverage
- Stocks; 1:5 leverage
HOW CAN I REQUEST A SCHOLARSHIP?
If you have an Ascend account you can request a scholarship once you complete the phase 2 profit target with no need to reach any other profit percentage (The value of each scholarship depends on the chosen evaluation).
Once this happen, the account is closed and exchanged for the redeemable ticket available in your dashboard at the ‘Withdraw’ section. If you have completed the KYC you Will be able to choose the option to redeem a ‘ticket’ and then you can enjoy your profits!
3 PHASES EVALUATION
HOW ARE DAILY AND OVERALL MAXIMUM LOSS CALCULATED?
Drawdown breach is based on equity. The daily maximum loss (5%) is calculated based on your starting balance at 12:05 AM UTC. The maximum loss limit is fixed at 5% of the initial account balance.
WHAT IS THE LEVERAGE?
The leverage depends on the type of evaluation:
ADVANCED ACCOUNTS:
- Forex; 1:100 leverage
- Commodities; 1:100 leverage
- Indices; 1:100 leverage
- Cryptos; 1:100 leverage
- Stocks; 1:100 leverage
STUDENT ACCOUNTS:
- Forex; 1:30 leverage
- Commodities; 1:30 leverage
- Indices; 1:20 leverage
- Cryptos; 1:5 leverage
- Stocks; 1:5 leverage
HOW CAN I REQUEST A SCHOLARSHIP?
You will be able to request a scholarship after only 5 trading days if it is your first request. After that you may request a scholarship request when you have traded for at least 15 days, or, on the alternative, every 30 calendar days, as long as you have not violated any rules.
To make a scholarship request you must request it on the dashboard
Once you have requested a scholarship you will receive an email requesting the information to which we must send the funds. You will also receive a contract to sign and a KYC to complete.
You must keep all trades closed before requesting a scholarship, otherwise they will be closed manually.
INTENSIVE EVALUATION
WHAT IS THE MAXIMUM ALLOCATION PER USER?
In the intensive evaluations, the maximum allocation does not apply in comparison to other accounts you may have per user. However, it should be noted that each person can only have three active intensive evaluations at the same time.
WHAT IS THE LEVERAGE?
The leverage on Intensive Accounts:
- Forex; 1:30 leverage
- Commodities; 1:30 leverage
- Indices; 1:20 leverage
- Cryptos; 1:5 leverage
- Stocks; 1:5 leverage
HOW CAN I REQUEST A SCHOLARSHIP & UPGRADE MY INTENSIVE ACCOUNT?
If you have an instant phase account you can request a “Withdrawal & Update” once you reach 10% profit on your account, with no minimum days traded. If on the other hand you want to withdraw before reaching 10%, you can do it under the same conditions of the other evaluations.
HOW MUCH CAN I SCALE MY INSTANT ACCOUNT
You can scale your Intensive Account up to 1,280,000$
Every time you get 10% of your simulated account and request the “Withdrawal & Update” from the dashboard, your account will double in demo size by x2.
You can find this information when selecting your preferred account in the “SCALE UP STRUCTURE” section.
ADD-ONS
IN WICH EVALUATIONS WORKS?
On 2 Phases Evaluations:
– Weekly Scholarship Request: Costs 20% of the evaluation price and allows participants to become eligible for scholarship consideration after just 7 active trading days within the simulation program.
– 90% Bonus Performance: Costs 20% of the evaluation price and increases your eligibility to receive up to 90% of the internal reward granted based on your performance in the simulation program.
– Daily Drawdown 6%: Costs 15% of the evaluation value and increases your daily loss limit to 6%.
– Max Drawdown 12%: This costs 25% of the value of the assessment and increases your max loss limit to 12%.
On 1 Phase Evaluations:
– Weekly Scholarship Request: Costs 20% of the evaluation price and allows participants to become eligible for scholarship consideration after just 7 active trading days within the simulation program.
– 90% Bonus Performance: Costs 20% of the evaluation price and increases your eligibility to receive up to 90% of the internal reward granted based on your performance in the simulation program.
CAN I BUY SEVERAL EVALUATIONS WITH ADDONS?
The answer is yes, the price will be calculated based on the total price of the products and your accounts will be created with the AddOns. If there is a 1-phase account in the cart, the drawdown addons will not be available.