The Honest FAQ

Fair question — most of this industry has earned the skepticism. We do not ask you to trust our word; we ask you to verify. Every completed payout is published on our public payouts page with a real on-chain transaction hash you can click and confirm on a block explorer that has nothing to do with us. The rules that decide whether you pass or breach are fixed at the moment you pay and are enforced by code from your own Bybit account’s trade and balance data — not by a human deciding after the fact whether they feel like paying you.

What we cannot do is prove a negative on day one. We are a young, anonymous-operated venture. The honest position is: start with the smallest account, read the rules below, verify a payout on-chain yourself, and scale your trust as we settle real transactions.

Yes, and we make it checkable rather than asking you to take our word for it. The payouts page lists settled payouts with the trader tier, amount, network, date, and the transaction hash. Click any hash and you land on a third-party block explorer showing USDT/USDC actually moving to a wallet. If that page is empty, it is empty — we would rather show you nothing than show you fabricated numbers.

Be clear-eyed about the base rate, though: the large majority of people who buy evaluations anywhere in this industry never reach a payout, because most fail the challenge. We are not promising you will get paid. We are promising that if you pass the rules, we pay on-chain and you can see it.

There are exactly three ways an account fails. All three are checked from your real Bybit data on every sync:

• Daily loss limit (fixed 4%). If your realized + unrealized loss for the day reaches 4% of your account size, the account breaches. This resets each day — it is about how much you can lose in a single session, not cumulatively.
• Max drawdown (you pick 6%–14%). Measured from your starting balance, not a trailing high-water mark. If your balance ever falls below starting − (drawdown% × starting), you breach. Because it is static, profits you bank raise your cushion but never raise the floor — the line where you fail does not move up as you win.
• External funds. Your account equity is compared against what your trades alone can explain (starting + realized P&L + open-position P&L). If your equity is meaningfully higher than that, it means money was added to the Bybit account from outside, which is not allowed. This check is one-sided: a normal losing day can never trip it — only an unexplained deposit can.

The profit target to pass is a fixed 8% (a 2-Step challenge confirms a further 4% in Phase 2). The rules that apply to you are the ones locked at purchase; we do not retro-edit them mid-challenge. Full legal terms live on the Terms of Service page.

Breach detection is automated and deterministic: it reads your account’s recorded balance and trade history and applies the three rules above against the limits locked at purchase. There is no human mood involved in the trigger. But automation can still be fed bad data (a sync gap, a Bybit reporting quirk), so disputes are taken seriously.

Email support@fundedonchain.com with your account ID and the approximate time of the breach. We pull the underlying trade and balance records, show you the exact value that crossed the exact threshold, and correct it if the data was wrong. If the data was right, we will show you the math behind it rather than just saying “denied.”

You trade on a Bybit demo account that you create and connect via API. The order flow, prices, liquidity, fees, and funding are Bybit’s real live-market data — the only thing simulated is that the capital is not real. This is how essentially every prop evaluation works, and we say so plainly: you are being evaluated on a simulated balance, not handed a live brokerage account.

We do this because it removes the two things that destroy trust elsewhere: we never custody your money (there is nothing to abscond with), and there is no live counterparty risk while you are proving yourself. Your single financial exposure is the one-time challenge fee. When you pass and earn a profit share, that payout is real and settles on-chain.

We do not collect government ID, and we accept crypto only. That is a deliberate design choice for a crypto-native, privacy-respecting product — not a loophole. It cuts both ways and you should understand both sides:

• For you: no document uploads, no identity broker holding your passport, faster onboarding, and payouts to a wallet you control.
• The trade-off: no KYC means crypto payments are final and non-reversible — there is no card issuer to charge back to. It also means you are responsible for confirming you are legally allowed to use this from your jurisdiction, and that you meet any tax obligations where you live.

The operating team runs this as an anonymous offshore software venture. We are upfront about that. It is also why we lean so hard on on-chain payout proof — anonymity is exactly why you should demand verifiable evidence instead of trusting a face.

Trading runs on Bybit’s infrastructure, so you must be in a jurisdiction Bybit serves. We do not serve US persons. Residents of regions restricted by Bybit or by applicable sanctions — including North Korea, Iran, Syria, Cuba, and the Crimea region — are not eligible either.

We do not run identity checks, so we are trusting you here: confirming that you can legally use the platform from your location is your responsibility, and using it from a prohibited jurisdiction can void your account and any pending payout. If in doubt, check Bybit’s own terms for your country before you pay.

Sometimes, and the line is bright: once you connect a Bybit API key, the challenge is “consumed” and the fee is non-refundable — balances are live, the evaluation clock is running, and drawdown is being enforced in real time. Before you connect a key, you can request a refund of the remaining crypto value, less the network fee we pay to send it back.

Because we are crypto-only, payments are final on-chain and cannot be reversed by a bank. There is also a discretionary path for a confirmed multi-hour outage of our platform while you held open trades — but not for Bybit, your wallet, your internet, gas spikes, or any third party. The full eligibility windows, SLAs, and escalation process are on the Refund Policy page — read it before you buy.

Approved payouts are sent on-chain in USDT or USDC to a wallet you control — no bank account, no intermediary. Each payout is manually reviewed and typically broadcast within 1–3 business days of approval. Final settlement time after broadcast is up to the destination network, not us.

The proof is the transaction hash. When your payout is sent you receive the hash and a direct block-explorer link, and the same record can appear on our public payouts page. That hash is generated by the blockchain, not by us — it is the one piece of evidence we cannot fake. Manual review exists because no-KYC means we have to screen for fraud and rule-gaming before money moves; it is a real step, not a stalling tactic.

The minimum to run an evaluation: your email and password (passwords are hashed with Argon2id and never stored in plain text), your Bybit API keys (encrypted at rest with AES-256-GCM — connect read/trade scope only, never withdrawal permission), and the trade, balance, and IP/device data needed to sync your account, detect fraud, and enforce the rules.

We do not hold a government ID because we never ask for one. We do not custody your funds. Exactly what we collect, how long we keep it, and how to request deletion is documented on the Privacy Policy page.

You own the Bybit account and the API key; we only monitor it. If Bybit restricts or closes your account, or your API key expires or is revoked, we lose the ability to sync your trades and balances — which can stall or end your evaluation through no decision of ours.

Keep your key active and within Bybit’s terms for your region. If your key lapses, reconnect a fresh one from your account settings so syncing resumes. Problems caused by Bybit, your wallet, or your connection are outside what we can refund (see the Refund Policy), but if you hit a genuine edge case, email support and we will look at the data.

No. The profit target, daily loss limit, max drawdown, and profit split are locked to your account at the moment of purchase, and breach detection evaluates you against those stored limits — not against whatever is on the marketing page today. We do not retroactively apply stricter rules to an account that is already live.

If we ever change pricing or rules for new purchases, that applies going forward only. Your locked terms are your terms, and a disputed breach can be checked against them line by line via support.

We do not collect KYC, do not withhold tax, and do not issue tax forms. That does not make your profit-share payouts tax-free — in most jurisdictions they are income, and reporting them correctly where you live is entirely your responsibility.

On-chain payouts leave a permanent, public record, so keep your own log of what you received and when. We are a software platform, not your accountant; if the amounts are meaningful, talk to a tax professional in your country.

Email support@fundedonchain.com for anything — breach disputes, payout questions, refunds, or account issues. Include your account or order ID so we can pull your records on the first reply.

For refund decisions you disagree with, reply to the support thread with the word “ESCALATE” in the subject and a named person responds within 48 hours with a final, written decision. We would rather over-explain a decision than leave you guessing.