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Coinhub Funded has started a simulated proprietary trading programme combining account evaluations with an instant-funding route. It will also run up to nine short trading tournaments on weekdays.
Brand links do not establish operator
The Coinhub name connects the programme to a network of more than 2,000 Bitcoin ATMs across the United States, but the two businesses have separate operators. Nevada-based LSGT Services LLC runs the machines under the Coinhub trade name. The client agreement for Coinhub Funded identifies Block Entertainment Operating LLC, registered in Nevis.
The launch announcement says the prop firm is permitted to use the Coinhub name and logo through an intellectual property licensing agreement. The brand association does not make the ATM operator the contracting company for the trading programme.
All trading stays in simulation
Evaluations and funded accounts both use simulated trading, according to the programme terms. Orders do not go to a live market, and participants do not control the operator's capital. Coinhub Funded describes payments as commissions tied to simulated performance. It also says it is not a broker, dealer or investment adviser.
Participants can begin with a one- or two-step evaluation, or pay for an Instant Funding account instead. The latter skips evaluation but comes with stricter risk limits and a smaller maximum allocation: $25,000 in virtual capital, versus $200,000 for the two-step route. Multiple accounts are allowed if their combined starting allocation stays within $500,000. Both routes use the same simulated platform across crypto, forex, indices, metals and commodities.
Payments depend on simulated results
The standard commission is 80% of qualifying simulated profits, rather than a share of the advertised account size. Traders who pass an evaluation can buy an add-on to increase that rate to 90%; Instant Funding accounts remain at 80%. Eligible participants may request payment at 14-day intervals in USDT or as cash at cash-enabled Coinhub ATMs. Each account closes after its lifetime payout limit, which matches its starting virtual balance, is reached.
The weekday tournaments are separate from the funding routes. Some carry an entry fee and offer USDT prizes, but a tournament win does not provide access to a funded account. That still requires an evaluation or an Instant Funding purchase. The programme details were first reported by Finance Magnates.
Where this lands in the stack
For operations teams, the agreement makes the contracting entity and the customer-facing brand distinct. Check how the entity name is presented in onboarding, support records and payout reconciliation, particularly where a customer can choose between USDT and cash at an ATM.
The announcement does not identify the platform vendor or explain how simulated results feed into commission calculations. Operators assessing the programme should ask which system is authoritative for simulated P&L, how the combined account allocation and lifetime payout ceiling are enforced, and what records support each payout request.
