Everything you need to know about trading with CoinFunded.
Visit bybitglobal.com and create your account to get started.
After signing up, follow these steps to access your API management:
This will bring you to the API management section where you can create and manage your API keys.
Once you're on this page https://www.bybitglobal.com/app/user/api-management, follow these steps:
Final Step: Make sure to copy both your API key and API secret immediately after creation. You'll need to upload these credentials to your CoinFunded dashboard.
With Bybit, you can only trade USDT Perpetual contracts. Trading any other market or currency (USDC, spot, etc.) will lead to immediate breach of your account.
The following actions are prohibited and will result in immediate account breach:
Important: Any violation of these rules will result in immediate account breach and termination.
Our infrastructure allows only one Bybit subaccount per challenge. Each challenge must be connected to a unique Bybit subaccount.
If you'd like to purchase an additional challenge, you'll need to:
This ensures proper account isolation and allows you to manage multiple challenges simultaneously.
On all funded accounts, traders are required to limit the risk on any individual trade to no more than 2% of the account balance — including all positions linked to the same idea (such as partials, scaling in, or multiple entries on a single setup).
The 2% maximum is calculated based on the stop-loss distance and position size of the trade. The total loss if the stop-loss is hit — including spread or slippage — must not exceed 2% of the current account balance.
Example:
• Funded account balance: $50,000
• Max risk per trade (2%): $1000
Any open position must be sized such that, if the stop-loss is triggered, the total loss does not exceed $1000.
Is a stop-loss required?
Yes — every trade must have a stop-loss in place when it is opened.
Trades without a stop-loss, or those that exceed 2% risk after being reviewed, may result in warnings or account breaches.
Does this apply to multiple positions?
Yes. If you place multiple trades as part of the same setup or idea, their combined risk must stay under 2%.
For example:
• You open two positions risking $400 and $350 respectively. Combined risk = $750 ✅
• You open four positions risking $300 each. Combined risk = $1200 ❌ (exceeds 2%)
To qualify for payout on demand, traders must meet the following: The best trading day's net profit must not exceed 25% of total profit earned during the payout period. For instance, if you earn 5% of your total profit on day one, 7% on day two, and 8% on day three, you're eligible to withdraw in just 3 days. The total net profit must be at least 1.5% of the starting balance. Example: On a $10,000 account, you need just $150 in profit to qualify. This policy ensures that payouts are based on sustained trading performance, not single-day spikes. However trades may wish to opt for normal payouts period without this criteria. In which case it would be 30 days.
Another requirement is that traders must demonstrate profitability on at least three separate trading days within the payout cycle, with each qualifying day showing a minimum 0.5% gain in equity. Days do not need to be consecutive. Example: A $100,000 account must show an increase of at least $500 on three separate days. If only one or two days meet the 0.5% threshold, payout eligibility is not achieved.
Instant Funding accounts have the following drawdown limits:
The daily trailing drawdown means your account cannot lose more than 3% of its highest equity in a single trading day. The overall static drawdown uses 8% of the original account balance and checks your lowest balance relative to your highest (peak) balance.
Your account can never lose more than 3% of its highest equity in a single trading day.
Example:
• Starting balance: $100,000
• 3% daily drawdown = $3,000
If your equity reaches $105,000, your new maximum daily loss is 3% of $105,000 = $3,150. That means your equity cannot fall below $101,850 (105,000 – 3,150) within that trading day.
If your account then drops to $102,000, the drawdown does not move back down — it stays locked at the last equity peak ($105,000).
The daily drawdown resets every day at 00:05 UTC, starting a new 24-hour trading day.
Overall static uses 8% of the original account balance, but instead of checking daily, it checks your lowest balance relative to your highest (peak) balance.
Example:
• Original balance: $100,000
• Overall static limit: 8%
• The limit amount: 8% of $100,000 = $8,000
Your minimum allowable balance = peak balance – $8,000
This means if your account reaches a peak of $110,000, your minimum allowable balance would be $102,000 (110,000 – 8,000).
Instant Funding accounts have a standard payout schedule of every 30 days. However, you can purchase an add-on to reduce the payout cycle to 14 days.
Important: If you miss your payout date cycle, you will have to wait for the next scheduled payout date. There are no exceptions or extensions for missed payout windows.
To request a payout, traders must meet a consistency score of 25%. This means the largest winning day cannot exceed 25% of the total net profits generated on the account.
Example:
• Total net profit: $10,000
• Maximum profit allowed from your best day: $2,500 (25% of $10,000)
If your largest winning day exceeds 25% of your total profits, you will not be eligible to request a payout until this condition is met.
Your largest single loss must not exceed your largest single win. If this condition is not met, you will need to continue trading until the rule is satisfied.
This rule ensures that your risk management is balanced and that you're not taking excessive losses relative to your winning trades.
Example:
• Largest single win: $1,000
• Largest single loss: $1,200 ❌ (exceeds largest win)
In this case, you would need to continue trading until you have a win that exceeds $1,200, or until your largest loss is reduced below $1,000.
All giveaway accounts are subject to the following conditions:
Can't find the answer you're looking for? Our support team is here to help.