How does The Funded Trader pay you? The funded trader (TFT) is making waves in the fast-paced world of prop trading by not only giving traders a variety of payment choices but also by introducing special programs that make it easier and faster to withdraw profits.
In this blog post, we will discuss TFT withdrawal methods.
Decoding The Funded Trader Payout Methods and Payment Programmes
TFT payout methods: There are two method by which you can withdrawal your payout from tft.
- Fiat (cash)
- Cryptocurreny
Multiple ways to pay: fiat and cryptocurrency
It is known to TFT that traders have different ideas about how to handle their gains. Because of this, the platform gives users two ways to pay: fiat cash and cryptocurrency. Traders can take out their profits in a way that fits with their financial goals and plans.
Who can apply and when?
Getting to your TFT earnings is not a simple process that works for everyone. Withdraws are only given to people who meet certain requirements, and the times for Royal, Standard, and Rapid accounts are different. This segmented method makes sure that all traders, no matter what kind of account they have, have a clear and structured way to get to their profits based on how much they trade and how much experience they have.
Withdrawals every two weeks and quick processing
Withdrawals can be made every two weeks from all account types, including Royal, Standard, and Rapid. Between 48 and 72 hours pass before a payout is made. This is when the account changes to read-only mode, which puts the safety and clarity of the payment process first. All of this makes sure that traders can easily handle their transfers and keep their accounts safe. [How does The Funded Trader pay you]
Getting better at trading with The Kings Program
The Kings program is for traders who want more advanced training. This special program has many benefits, such as payouts the same day and an amazing 90% payout split for traders who are qualified and have funded their account. This smart move shows that TFT is dedicated to giving its top traders unbeatable financial benefits and rewarding them for their hard work.
Streamlined requests for payouts
TFT has made it easier to ask for a payout, whether you’re an affiliate or a funded user. Traders can easily ask for their payouts on the profit share page of the Trade Hub. This central hub makes things easier and gives you an easy-to-use interface for managing your financial activities quickly.
Finally, TFT’s creative approach to payout choices and special programs shows that they want to give traders a personalized and enjoyable experience. TFT is a leader in making sure that traders can easily get their earnings in a way that fits their trading style and preferences. They offer a variety of payment options, clear eligibility requirements, quick processing, and special benefits through the Kings program.
In a recent update, The Funded Trader made a big step forward by adding cryptocurrency as a way to get paid. This gives its users even more options. Let’s get into the specifics of this new development, breaking it down into its most important parts to make it easier to understand. [How does The Funded Trader pay you]
Options for Crypto Payouts
Users from specific nations can now choose cryptocurrency as their preferred method of payment through The Funded Trader. With this function, there is no maximum limit, so users can take out their money in any digital currency they want. Some of the coins that can be used are Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Tether (USDT) through the ERC-20 network.
Important Things to Think About
When people want to get their money, they need to carefully choose a cryptocurrency and the network that goes with it. Only ETH, USDC, USDT, or BTC can be used to get paid. If you pick a different network, The Funded Trader might not be able to get your money to the right wallet, and you could lose it.
A minimum request of $25 is needed to start a crypto withdrawal. This makes sure that the trade goes smoothly and safely. It’s important to note that you can ask for any amount of crypto payout.
Understanding Fees That Come With It
Funded Trader is dedicated to being open and honest, and this includes the fees that come with crypto payouts. There are three main things that users should know:
Fee for changing USDC to the currency you want:
The exchange sets this fee, which can change depending on the market. We want you to know that the Funded Trader does not control this exchange fee. [How does The Funded Trader pay you]
Fees for the blockchain network
There are network fees for crypto transactions to make sure they are safe and completed on time. These fees depend on how busy the network is and are not set by The Funded Trader.
Platform Withdrawal Fees
The cryptocurrency exchange that the user uses may charge a withdrawal fee to cover the costs of running the exchange and making sure that the withdrawal process goes smoothly. This fee is again out of The Funded Trader’s hands.
How to Ask for Your Crypto Payout
- On the Profit Share page in the Trade Hub, pick your simulated account.
- Type in the amount to be withdrawn.
- Choose the coin that you want to use as a payment method.
- Type in the address of your cryptocurrency wallet.
- “Generate Passcode” will be sent to the email address you used to sign up.
- “Generate Passcode” will be sent to the email address you used to sign up.
- Then click “Submit.”
Actions Not Allowed: Giving Out Wallet Addresses
To keep things safe and legal, users of The Funded Trader are not allowed to share crypto bank addresses with each other. Anti-Money Laundering (AML) rules are in line with this measure. Doing these things could lead to probes or account bans.
To sum up, The Funded Trader’s move into crypto payouts gives its users a lot of new options. As long as traders know their choices, the fees that come with them, and the best way to follow the simple steps, they can easily make cryptocurrency withdrawals that are safe and clear. [How does The Funded Trader pay you]
Conclusion: How does The Funded Trader pay you?
I hope this article makes some sense for you and clarifies all your doubts regarding the payout from the funded trader. So follow these steps carefully to get your payout as soon as possible.
Read also: The Insider’s guide : How to find right Prop Trading Firm?
I’m a seasoned trader with over 3 years of experience in financial markets. Throughout my journey, I’ve navigated various market conditions and developed my skills in trading strategies, risk management, and market analysis. Now I am also developing myself as a good digital marketer.