Kraken Introduces $200K Company-Funded Trading Program for Traders
- The Kraken Prop program allows traders to use company funds for trading, with accounts ranging from $5,000 to $200,000.
- Traders can earn up to 90% of profits after passing a skills assessment in a simulated environment.
- Participants have access to over 60 cryptocurrency pairs, including Bitcoin and Ethereum, with leverage options up to 5x.
- There are no restrictions on trading strategies or time limits for completing assessments.
- Participation costs start at $20 for the assessment, which is non-refundable.
Kraken’s initiative marks a significant step in the cryptocurrency industry, where proprietary trading programs are still uncommon compared to traditional finance sectors. This program aims to empower skilled traders by providing substantial capital without personal financial risk.
With the potential for profit sharing of up to 90%, Kraken Prop offers a unique opportunity for traders looking to leverage company funds effectively.(Source)
