Crypto perpetuals · Cryptocurrency · store of value
Bitcoin perpetual (BTCUSDT) on QATS Prop
Bitcoin (BTCUSDT) is a USDT-margined perpetual future you can trade on QATS Prop Crypto challenges, one of 17 instruments on that line. It is priced from Binance or Bybit, the exchange chosen at checkout, takes leverage up to 20× on the current plans, trades around the clock and never expires.
Compiled by the QATS team from the live instrument catalogue · checked
BTCUSDT at a glance
- Symbol
BTCUSDT, a USDT-margined perpetual future with no expiry- Challenge
- QATS Prop Crypto challenges
- Priced from
- Binance or Bybit, the exchange chosen at checkout
- Listed on
- Binance and Bybit
- Max leverage
- Up to 20× on the current plans, chosen per order
- Funding
- The exchange’s funding rate, paid or received at its funding times and added to the position’s P&L
- Risk day
- Starts at 00:00 UTC
- Hours
- 24/7, weekends included
What is Bitcoin?
The first and largest cryptocurrency, and the one the rest of the market takes its direction from.
Bitcoin is a digital currency with no issuer. New coins are created by miners who secure the network, the total can never exceed 21 million, and the rate of new supply halves about every four years.
It trades as a liquidity asset: when dollars are plentiful and investors want risk, it tends to rise; when funding tightens, it falls with the rest of the risk complex. Since spot exchange-traded funds were approved in the United States, fund flows have become one of its most watched numbers.
- Launched
- 2009
- Maximum supply
- 21 million BTC
- Secured by
- Proof of work
- Supply event
- Halving about every four years
What moves the price of Bitcoin?
- Dollar liquidity and rates
- Expectations for Federal Reserve policy move bitcoin much as they move technology shares, with more force.
- ETF flows
- Daily creations and redemptions in spot bitcoin funds show whether institutions are adding or reducing.
- Leverage in the market
- Crowded positioning ends in liquidation cascades: funding rates and open interest show how stretched it is.
- Regulation and adoption
- Court rulings, legislation and treasury purchases by companies and states change who can and will hold it.
What do traders watch?
- Federal Reserve decisions and US inflation data
- Spot ETF flow reports
- Funding rates and liquidations
When does BTCUSDT trade?
Trades around the clock, weekends included. Volume is usually deepest when European and US hours overlap, 13:00 to 17:00 UTC.
What are the risks of trading Bitcoin on a prop account?
- Crypto moves at any hour. A stop that is not placed is not there when the move happens overnight or at the weekend.
- This is a perpetual contract: it has no expiry, and its price can sit slightly above or below the market it follows.
Related instruments
Read more
Sources
Frequently asked questions
01Can I trade Bitcoin with a prop firm?
Yes. Bitcoin (BTCUSDT) is on QATS Prop Crypto challenges as a USDT-margined perpetual, priced from Binance or Bybit, the exchange chosen at checkout. It is listed on Binance and Bybit, has no expiry and trades 24/7.
02What leverage can I use on BTCUSDT at QATS Prop?
Up to 20× on the current plans. You choose the leverage of each order up to that ceiling; the account’s daily loss limit and maximum loss still apply to the position.
03When can I trade BTCUSDT?
Trades around the clock, weekends included. Volume is usually deepest when European and US hours overlap, 13:00 to 17:00 UTC.
Educational content, not investment advice. This page describes what the market is and does not forecast its price. Evaluation and Funded accounts are simulated; Live Funded is real capital by separate review. Which instruments an account can trade is set by its plan and checked on every order.
READY TO PROVE YOURS?
SKILL DESERVES CAPITAL.
Start your QATS Challenge today.
Start Challenge