FundedNext Adds Direct Bank Transfers, Cutting Out the Crypto Middleman
FundedNext has enabled Bank Transfer as a payout option across all funded accounts, allowing traders to move profits directly into a bank account instead of routing through a digital wallet or crypto rail first. Withdrawal requests are processed internally within 24 hours and are trackable from the trader dashboard, though international wire settlement times still depend on the receiving bank. The new rail is added alongside existing payout methods rather than replacing them.
The update follows FundedNext crossing $320 million in cumulative trader payouts and reflects a broader industry shift from competing on entry-level challenge pricing toward competing on withdrawal experience — an area where roughly a third of firms operating in 2024 have since disappeared.
Source: JoinProp — https://joinprop.com/prop-news/fundednext-opens-direct-bank-transfers-for-payouts-cutting-the-crypto-middleman-out-of-withdrawals/
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