We were very happy to have CoinW Prop Trading (CPT) joining us for an AMA session at our Official Telegram Community on April 29th, 10 AM UTC. As our proud new product feature, our own speaker Kagan, Marketing Manager of CPT, shared some great insights during the session!
For those of you who had missed the live session, here is the recap:
HOST: Hello everyone, my name is Hash, the Senior Marketing Specialist and Admin at CoinW and I am very excited to announce the commencement of our special AMA session today with our very own CoinW Prop Trading.
For those of you who have not heard it yet, we have introduced a new product feature - CoinW Prop Trading! So it’s available for you to try out now!
Now without further ado, let’s give a warm welcome to our guests Kagan - Marketing Manager of CPT!
>>> Q1: Introduction of PropTrading and CPT.
Kagan: CoinW has been serving the crypto industry with love since 2017. We are ready to take this love to the next level! Say hello to our CoinW PropTrading product.
But now!
CoinW PropTrading is now funding CoinW users with up to $200,000 to take their trades to the next level.
With CoinW PropTrading (CPT for short), you can qualify for up to $200,000 in funding and receive up to 90% of your profits. CoinW offers you a professional platform, up-to-date market guidance, training and start-up capital. All you have to do is show your trading skills!
>>> Q2: What are the advantages of CPT?
Kagan: First, more favorable registration fee (cheaper registration fee) compared with the existing Prop Trading platforms in the market, CoinW Prop Trading will give a discount of 50% to 10% on the registration fee for users with different challenge levels.
Better Funding
And also, for users of the platform, you can have a fund account up to 200,000 USDT.
Greater Leverage
The platform gives users greater financial leverage, which is conducive to users to more fully face the challenges of Prop Trading.
Better Crypto Trading Support
Unlike the existing Prop Trading platform in the market, CPT relies on CoinW's trading resources to bring users a better experience in terms of the types of crypto currencies traded and the frequency of new crypto trades.
Greater Trading Limit
No limitations on the challenge time, no minimum trading day option, unlimited trading day option, unlimited use of trader funding account, no news day trading limitations, Trading can be quoted on the day and the weekend positions, CPT supports for EA, no consistency limitations, CPT try all to realize the freedom of trading!
Easier Trading Experience
Unlike the existing Prop Trading platform which needs to configure third-party tools trading, users can directly trading after completing the registration of the CPT platform. CPT provides a variety of professional trading tools to maximize the simplification of user operations and thresholds to save the user's time and enhance convenience.
Easier Challenge
The requirements and limitations of the challenge conditions are more reasonable in the CPT platform.Compared with the traditional platform, there is a better advantage of capital withdrawal.
>>> Q3: What are the rules of CPT challenges?
Kagan: We have two different Challenge modes, Normal and Hard. These 2 modes have different rules. Both Challenge types consist of two phases.
In normal mode, the profit target is 8% in the first phase and 5% in the second phase. In Hard mode, it is 10% in the first phase and 5% in the second phase.
In normal mode, there are account sizes from $5,000 to $100,000. For the hard mode, account sizes start with $10,000 dollars and increase up to $200,000.
In addition, a 100% refund opportunity awaits you if you successfully complete both phases.
There are two things you should be careful of for a successful challenge. The first is the 10% maximum loss. And 5% maximum daily loss. In hard mode, these rates change to 6% and 4%.
After completing these phases, you can start trading and withdraw 80% of your profits.
>>> Q4: What are the unique features of CPT, how is it different from the competitors?
Kagan: CPT is the product of a strong and reliable cryptocurrency platform. Other Prop firms are just funding platforms.
CPT provides funding within its own exchange and own orderbooks. This gives us full control over PropTrading. In short, our users will have no problems with 3rd parties, because there are no 3rd parties!
We are CoinW, CoinW PropTrading. This means;
We also know crypto!
Our crypto experience is awesome and we are bringing that experience with a new product. In short, I think it is wrong to compare CPT with other PropTrading products because it is a completely different product.
>>> Q5: How to apply to become a CPT trader?
Kagan: The process of becoming a CPT Trader takes place in 3 steps.
First of all, you need to have a CoinW account.
Then proceed to the CoinW website to access CPT. Open the “More” tab from the top menu and click on the “PropTrading” button to proceed to the website.
After joining CoinW PropTrading;
1. Enroll in Challenge One - Step 1 (Verification) You are one more step closer to being a Funded Trader. Complete Challenge One!
2. Advance to Challenge Two- Step 2 (Confirmation) Now that you have finished the first stage, an easier stage awaits you. The second Challenge will be easy for you to complete.
3. Start Your PropTrading Journey - Step 3 (Becoming a Trader) Congratulations! You became an official CPT trader!
>>> Q6: Is there any benefit for Early birds?
Kagan: Yes there are some exclusive benefits:
1. Time limited 8% commission fee of referral made by users (Original 5%)
2. 100% off challenge Coupon for $5,000 account (Trading Competition)
3. 50% off challenge Coupon for any size account (Trading Competition)
4. Affiliate Program (Up to 30% commission)
You can find more information about Trading Competition from below link: https://coinw.zendesk.com/hc/en-us/articles/31353634836121-Warriors-of-Next-Phase-Trading-Trade-and-Earn-10-000-000-CPT-Funded-Accounts
Don't forget to join our Trading Competition
>>> Q7: Is there any Affiliate Program?
Kagan: We have the best Affiliate program!
Invite your community or friends to CoinW PropTrade and don't miss out on different advantages!
Don't miss your chance to earn up to 30% commission on Challenge purchases.
Apply to the Affiliate program now for a discounted referral link at a special rate just for you.
Different Levels Different Benefits, Moving up in the Affiliate program is easy and there are No Limits! Raise your Affiliate Level and earn more.
Bonus: Free challenges and rewards. You can earn free challenges for different account sizes with the CPT Affiliate program. Also you can earn discount coupons up to %50!
Anyone interested in the affiliate program can directly contact me to join the CPT Affiliate program.
Thank you so much Kagan for your answers! I think I can speak for our community members that we have learned a lot about CoinW PropTrading now!
Now, if it’s ok with you, let’s move onto the next section of our session!
Second Section: Community Questions
Host: This section is compiled with the 5 questions we have selected from a pool of questions asked by our CoinW community members! Let’s dive in!
>>> Q1: Can you list the features that your project has and other similar projects don't and Can you convince me to invest in your project as compared to others which are similar to yours?
Kagan: Let us divide this answer into two parts. First, we have the best price, the best order books and the easiest challenges. Also as I mentioned during the AMA, We also know crypto. Our crypto experience is awesome and we are bringing that experience with a new product. In short, I think it is wrong to compare CPT with other PropTrading products because it is a completely different product. 🔥
>>> Q2: Is there a video tutorial so that new members can understand?
Kagan: The CoinW PropTrading YouTube channel is coming soon. For now we have a few written guides on our website. But as I said, the CoinW PropTrading YouTube channel will feature product details and free trading tutorials, so stay tuned! Here is our launch video: https://twitter.com/CoinWPT/status/1780663535326105931
>>> Q3: Is prop trading ai your platform suitable for crypto beginners? Or does it only limited for professional users?
Kagan: Suitable for all users who want to try and prove themselves. We will also create guides for users who are new to crypto & trading. We aim to create Trading guides, not only for the CPT product. So, no matter if you are a newbie or an expert, there is no reason not to join CPT! We welcome you to join the CPT!
>>> Q4: What is a major advantage and disadvantage of using prop trading rather than the traditional method?
Kagan: PropTrading has many advantages over traditional trading! The most important one is “0 Risk”. We explain it as follows. You do not open your trades with your own capital. CoinW PropTrading provides you with this capital. So you can trade with 0 risk.
Also, we realize that not all of us have high capitals. Sometimes we use very high leverage to make good profits. This is very risky. But with PropTrading, it is very easy to get funds up to $200,000. In this way, it is possible to make really nice profits with lower leverages and 0 risk. And you can withdraw 80% of this profit to your account.
>>> Q5: Tell us a little bit about security? Have you done an audit of the platform? What are the test results?
Kagan: We care about security. Our platform is also secure. CoinW Crypto Exchange has been serving its users without any security problems since 2017. This is where CoinW PropTrading gets its strength. In the first phase, we did all our tests. Especially the registration and trading phases were fully tested. We have also worked on ensuring low spreads in the order books. We will offer a reliable trading environment.
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