Kraken Will Let You Trade With Their Money and Keep 80% of the Profits — Here's How It Actually Works
2h ago · 1 source
Kraken has launched "Kraken Funded," a program that lets traders use the exchange's capital to trade while keeping 80% of the profits they generate. The program likely involves an evaluation process where traders prove their skills before gaining access to funded accounts, similar to proprietary trading firm models seen in traditional finance.
WHY IT MATTERS
Imagine you're really good at picking winning trades but you only have $500 to work with. Kraken is essentially saying, "Prove you're skilled, and we'll let you trade with our money — potentially tens of thousands of dollars — and you keep 80% of what you earn." It's like a restaurant owner letting a talented chef use their kitchen for free and splitting the revenue. This matters because it lowers the barrier to entry for crypto trading. Previously, you needed significant personal capital to make meaningful returns. Now, skill could matter more than savings. However, these programs typically charge fees to enter the evaluation phase, so it's important to understand the full cost before jumping in.
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Educational only — not financial advice.