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Trade receivables marketplace operator Velotrade launches Crypto Prop Trading

Trade receivables marketplace operator Velotrade launches Crypto Prop Trading

It seems as though everyone is looking to get on the Prop Trading bandwagon nowadays.

Hong Kong based Velotrade, which has operated for the past decade as a trade receivables online marketplace – bringing together businesses willing to sell their trade receivables to investors willing to advance funds – has announced that the brand is launching a separate crypto funded trading platform business. The firm now offers traders the opportunity to operate a prop trading account without risking their own capital. The account sizes range from $5,000 to $200,000, with considerable profit splits.

Velotrade is not a rebrand, a pivot from forex, or a first venture. The founding team brings combined…

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