CoinW Introduces PropW APP to Elevate the Game for Crypto Traders
09 Agosto 2024 - 10:00AM
The world of crypto trading has evolved from a simple buy-and-hold
strategy among early Bitcoin enthusiasts into a dynamic global
market. With the advent of variable derivatives, advanced tools,
and the maturation of the market, today’s crypto traders have more
sophisticated techniques at their disposal to enhance their trading
prowess.
Building on the success of its recent one-million-dollar
prize spring trading competition, CoinW, the world’s
pioneering cryptocurrency exchange, is excited to introduce
the PropW App, designed specifically for seasoned crypto traders.
This groundbreaking product aims to amplify traders' portfolios
during the current bull run. With the launch of the app, PropW now
supports Web, APP, and H5 platforms.
What is PropW?
Proprietary trading, or "Prop Trading," involves using a firm’s
own capital and balance sheet to execute transactions for its own
profit, rather than earning fees from other traders. This model
provides expert crypto traders with a unique opportunity to
leverage their trading skills on a larger scale. Instead of merely
growing their personal portfolios, these traders can manage and
profit from substantial funds, as long as they pass a comprehensive
trading test that evaluates their return on investment (ROI) and
risk management abilities.
CoinW's PropTrading platform introduces two modes for
showcasing futures trading expertise: Standard Mode and Hard Mode.
Each mode consists of two challenge phases. The Starter Mode sets a
lower profit target for Phase 1 and has a more lenient maximum
drawdown requirement. In contrast, the Hard Mode, while more
demanding, offers access to larger funds. Both modes offer a
maximum leverage ratio of 5X and unlimited trading time, provided
the drawdown remains within specified limits. After paying a
registration fee and submitting the necessary details, traders can
begin trading on the PropTrading platform, which closely mirrors
the CoinW trading environment. One highlight of PropW is it
provides a one-stop trading solution, allowing users to complete
challenges, competitions, and withdrawals without a third-party
platform.
As the first licensed prop trading platform focused on crypto
trading, PropW emphasizes compliance and recently
secured a license from the Dubai Multi Commodities Centre
(DMCC). Additionally, the core team boasts over seven years of
experience in the crypto industry, providing PropW with expertise
in product development, technology, risk management, and
security.
What are the specific benefits of PropW?
In addition to offering a competitive 80% profit commission,
PropW is launching a video campaign with $125,000 prize
pool to boost engagement. The top winner will receive a
$50,000 challenge fund plus $1,000 in rewards. Users can earn
thousands of dollars by sharing their personal trading
experiences.
How does PropW integrate into the broader CoinW
ecosystem?
CoinW recognizes the crucial role that experienced traders play
in onboarding new users and fostering a vibrant digital asset
community. To support this, CoinW has been dedicated to creating
campaigns and products that benefit the trader community. Last
year, CoinW introduced futures copy trading, with top trading
ROIs from CoinW’s KOLs exceeding 1500%. Earlier this
year, spot copy trading was launched to attract more
neophytes during the bull run. Additionally, millions in rewards
have been distributed to seasoned traders who excelled in trading
competitions over the past year.
The launch of PropW underscores CoinW’s commitment to advancing
the crypto trading community and empowering traders to
reach new heights. By offering innovative tools and opportunities,
CoinW continues to support the growth and success of its trader
base.
Join PropW
Twitter:https://x.com/PropWGlobalDiscord:https://discord.gg/JmRV4aeEbf
Telegram:https://t.me/CoinWPT
marketing at coinw.com