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Frequently Asked Questions

Everything you need to know about cryptocurrency trading with NeXira

What is cryptocurrency trading?

Cryptocurrency trading involves buying and selling digital assets like Bitcoin, Ethereum, and other cryptocurrencies. Unlike traditional stock markets or forex, crypto markets operate 24/7/365 without closures, allowing traders to access markets at any time of day or night.

How does crypto differ from forex and futures?

Crypto markets operate 24/7 without weekend closures, unlike forex (which closes Friday evening) or futures (which have limited trading hours). Cryptocurrency is also typically more volatile than traditional assets, offering different risk/reward profiles and trading opportunities.

Why trade crypto 24/7?

Crypto markets never close, meaning you can trade major market moves at any time. Whether it's a news announcement at 3 AM or global economic events across different time zones, you have constant access to the markets without waiting for market opens or dealing with gaps.

What cryptocurrencies can I trade?

Our crypto trading accounts provide access to major cryptocurrencies including Bitcoin, Ethereum, and other top altcoins by market capitalization. We focus on highly liquid, established cryptocurrencies to ensure optimal trading conditions and execution.

What is a stablecoin?

Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the US Dollar. Examples include USDT, USDC, and DAI. They're useful for traders who want to temporarily exit volatile crypto positions while staying within the crypto market.

How do the phases work?

Phase 1 begins once you purchase a crypto trading account. Once you hit your profit target while maintaining a 25% consistency score, you can request a payout and advance to the next Phase. At each new phase, your account begins with a fresh starting balance.

What is the Consistency Requirement?

The Consistency Requirement ensures profits are generated consistently across multiple trading days rather than a few lucky trades. It's calculated as (Best trading day PnL / Total PnL) × 100. A lower score means profits are more evenly distributed. For example, a 25% consistency score means you cannot achieve your entire profit target in fewer than 4 days.

Is there a daily loss limit?

There is no specific daily loss limit, but traders must always stay within the Maximum Trailing Loss parameter set for their account. This ensures risk is managed consistently throughout the trading phase.

Can I hold crypto positions over extended periods?

Yes, unlike futures trading which has specific closing times, crypto markets are open 24/7, allowing you to hold positions indefinitely as long as you stay within your risk parameters. You can exit positions at any time that works for your trading strategy.

Can I reset my account if I lose?

No. If you breach your account by exceeding the maximum loss limit, you will need to purchase a new crypto trading account to continue. Each account purchase provides a fresh start with new capital allocation.

What trading platforms can I use?

NeXira provides access to professional-grade crypto trading platforms with real-time data, advanced charting tools, and market analysis. Details about specific platform options and integrations will be provided when your account is activated.

What is the 60 day Maximum Time rule?

Each Phase has a maximum time limit of 60 calendar days. You must meet all phase requirements within this 60-day window from when you place your first trade. If you do not complete a phase within 60 days, your account will be deactivated regardless of progress. The timer cannot be paused or extended.

Is there an inactivity requirement?

Yes. In Phase 1-4, you must place an executed trade at least once every 14 days to retain your account. Once you reach the Live Funded Crypto level, you must place a trade at least once every 7 days. The inactivity timer cannot be paused.

How do I withdraw my payout?

Once you achieve your profit target for your current phase and meet the consistency requirements, you become eligible to request that phase's payout. This payout request must be completed before your account can be upgraded to the next phase.

Is there leverage available?

Leverage availability depends on your account tier and is specified in your trading agreement. Leverage amplifies both gains and losses, so it's important to use proper risk management and position sizing regardless of whether leverage is available.

Can I use automated or algorithmic trading?

Many crypto trading platforms support algorithmic and automated trading strategies. Check your specific platform's capabilities and any account agreements for specific rules regarding bots and automated systems on your account.

What is the minimum age requirement?

You must be at least 18 years of age, or the applicable minimum legal age in your country, to purchase and trade on a crypto account with NeXira.

Do we manipulate pricing or execution?

No. We operate at arm's length with liquidity providers and exchanges. All market pricing and trade executions are provided by third parties and are not changed or modified by us. We do not markup transaction costs through spreads, markdowns, commissions, or other fees.

Can I transfer my existing trading skills to crypto?

Absolutely. If you have experience with forex or futures trading, many of your skills will transfer directly. Technical analysis, risk management, and trading psychology principles apply across markets. We provide comprehensive training materials to help you succeed in crypto trading.

Still have questions?

Full list of FAQ and rules can be found in the dashboard section when you login to your account.