# PropW FAQ **Basic Introduction**\ Q1: What is PropW?\ PropW is a trading capability assessment and growth platform based on simulated accounts, specializing in the professional evaluation and practical training of Web3 trading skills. The platform offers a variety of trading challenge modes with different durations and rule sets, helping users refine their trade execution capabilities, strengthen risk awareness, and validate trading strategies in real market environments. Equipped with systematic risk management and data analysis tools, PropW quantitatively evaluates user trading performance and generates visualized performance review reports—all without requiring real capital commitment, enabling users to continuously improve their trading proficiency. Q2: How do I join PropW?\ Select a challenge mode that matches your experience level and complete the corresponding fee payment to join. Upon successful registration, you can begin trading in a simulated environment in accordance with the challenge rules. Q3: Why join PropW?\ Every trader deserves the opportunity to hone their trading skills using simulated capital accounts. PropW delivers an educational yet practical simulated trading experience, helping you cultivate risk management awareness, reinforce trading discipline, and steadily progress toward your personal financial goals within a virtual trading environment. Q4: What trading instruments does PropW support?\ PropW's simulated environment supports simulated trading across a variety of cryptocurrency pairs. The platform maintains a real-time updated list of tradable instruments to ensure alignment with the latest market dynamics. Please refer to the platform announcement for the specific list of tradable instruments. **Challenge-Related Questions**\ Q5: How do I become a PropW Trader?\ Complete the two phases of the simulated trading challenge to become a PropW Trader: * Hourly Challenge Mode\ Choose a challenge duration based on your strategy, customize the challenge fee and reward multiplier, and utilize leverage of up to 5x. All challenges start with a simulated capital of 10,000 USDT.\ Within the challenge timeframe, the account equity must meet or exceed the challenge target, and the account balance must never fall below the maximum loss limit. All positions must be closed before the challenge concludes.\ Upon meeting these conditions, the reward automatically enters the review process and is issued upon approval. * Two-Step Challenge Mode\ Phase 1: Initial Evaluation – You must demonstrate trading capability and achieve the designated trading target to advance to the next phase.\ Phase 2: Final Stage – The final phase to qualify as a PropW Trader. The targets differ from Phase 1 and are designed to validate the stability of your previous results.\ PropW Trader Status: Upon successfully completing the full evaluation process, you will receive a simulated account with a maximum capital of 200,000 USDT. Continue trading and receive corresponding rewards based on your simulated performance. Q6: What challenge modes does PropW offer?\ The platform offers two simulated trading challenge modes: Hourly Challenge Mode and Two-Step Challenge Mode. The two modes differ in initial simulated capital, challenge fee, challenge targets, maximum daily loss, and maximum account loss limits. Q7: What are the rules for trading challenges? * Hourly Challenge Mode * Each account can participate in only one hourly challenge at a time. * Each challenge duration has a fixed target that must be met and all positions closed within the timeframe to pass. * Failure to meet the target within the allotted time results in a failed challenge. * Each challenge duration has a maximum account loss limit; exceeding it leads to disqualification. * Two-Step Challenge Mode * Each challenge package has a fixed profit target that must be achieved with all positions closed. * No mandatory minimum number of trading days, but at least five trading days must be completed. Early achievement of the target still requires meeting the minimum trading day requirement. * Maximum daily loss and maximum account loss limits apply; exceeding either results in disqualification. Q8: What happens if I exceed the loss limit?\ Exceeding either the daily loss limit or the maximum account loss limit results in immediate disqualification from the challenge, and all open positions will be forcibly closed. Q9: What should I do after passing Phase 1 of the Two-Step Challenge Mode?\ Once all Phase 1 targets are met, no further trading is required in that account. We will issue the simulated capital for Phase 2 within approximately three business days following the review. Q10: How is the trading day defined for settlement purposes? * Hourly Challenge Mode: Simulated trading is conducted based on the chosen challenge duration (1 hour, 2 hours, 4 hours, or 8 hours). * Two-Step Challenge Mode: The trading day is demarcated by 00:00 (UTC+8). The daily loss limit resets at this time, and trades thereafter are counted toward the next trading day. **Account-Related Questions**\ Q11: Can I participate in multiple challenges simultaneously? * Hourly Challenge Mode: Each account can participate in only one hourly challenge at a time. * Two-Step Challenge Mode: You can participate in up to five challenge accounts simultaneously. Multiple accounts can be operated in parallel during the challenge phase, but only one active account is permitted during the live trading phase. When multiple accounts successfully complete the challenge, they will be reviewed in the order of completion, with pending accounts showing a "Pending Activation" status. Q12: What payment methods are supported?\ We support digital tokens (USDT), credit cards (VISA/Mastercard), and quick payment methods (LinePay, PromptPay). We process payments immediately upon receipt, and the challenge activation result will be notified via email. **Reward-Related Questions**\ Q13: How are rewards determined? * Hourly Challenge Mode: The reward is calculated based on the "challenge fee" and "reward multiplier" set in your custom challenge parameters: Challenge Fee × Reward Multiplier. * Two-Step Challenge Mode: PropW Traders have a default profit split ratio of 80:20 (the trader receives 80% of simulated profits, PropW retains 20%). If the incentive program conditions are met, the split ratio can be increased up to 90:10. Q14: When can I withdraw rewards and how? * Hourly Challenge Mode: Rewards for qualifying users automatically enter the review phase and are issued automatically upon approval, typically within 24 hours, and no later than 48 hours under exceptional circumstances. Processing on non-business days will be completed within 24 hours of the next business day. * Two-Step Challenge Mode: Performance-based rewards can be withdrawn every seven days and are distributed in the form of digital tokens (USDT). For specific instructions, please refer to the PropW Withdrawal Terms. **Support & More Information**\ Q15: Where can I find detailed information about trading challenges?\ You can access complete information, including detailed rules, evaluation targets, and FAQs, within the respective challenge sections on the PropW platform. Q16: How do I contact the support team?\ If you have any questions or disputes, please contact us via the official website contact form or email us at . Our dedicated support team will assist you promptly.