Guides · Forex, futures and crypto
Primer6 minForex, futures and crypto
A crypto challenge is not a forex challenge priced in USDT
The fee currency, the weekend, and the meaning of a swap are part of the contract.
Crypto evaluations often allow weekend holding because the underlying market does not close. They often price the fee in USDT or another stablecoin. A table that converts that fee to dollars at yesterday’s rate, then sorts ‘cheapest’, has invented a price the firm did not charge.
The Keel records in the demonstration book exist to show that shape: weekend holding permitted, a USDT fee, a residence clause on one size and not the other. They are fictional. Use them to learn the questions, then demand the same answers from a live crypto firm’s own page.
Ask before you treat it as forex with a different icon
- What is the fee currency, with no conversion smuggled in?
- Is weekend holding allowed, conditional, or prohibited?
- Does a swap rule even apply, or is it not applicable?
- Is the nominal balance a coin amount or a dollar amount?