Frequently Asked Questions

Find answers to common questions about Lucky Prop Trader (LPT).

LPT is a gamified raffle bidding platform that gives traders an opportunity to win prop firm challenge rewards. Users place bids inside draw pools of various sizes, with winners receiving cash payouts based on the accumulated bidding pool.

Each active draw pool represents a specific prop firm challenge size (e.g. FTMO $10k). You can purchase slots (bids) inside the pool using your bidding balance. Once the progress bar reaches 100% or the draw’s configured timer expires, a weighted draw completes to pick the winner.

LPT uses a verifiably fair, weighted random seed lottery selection. The system compiles the list of all tickets bought in a draw. The probability of your ticket being selected is directly equal to the percentage of bids you purchased relative to the total bids in the pool.

When a draw completes, LPT pays out 80% of the total pool value (calculated as total bids purchased multiplied by the bid price) directly into the winner’s Withdrawable Winnings Balance. LPT retains a 20% platform service fee to cover licensing, server, and administrative expenses.

If a draw expires with multiple distinct bidders, the draw concludes normally, and the weighted raffle selection runs to pick a winner from the existing tickets. However, if the draw expires with only one distinct bidder, the draw is cancelled and that bidder receives a 100% refund of their bidding credits.

LPT uses automated USDT (TRC20) cryptocurrency payments for instant processing. Deposits require a minimum of 23 network confirmations on the Tron network before being automatically credited to your Bidding Balance. Withdrawals are processed from your Withdrawable Balance with a minimum threshold of $5.00 and a maximum of $1,000.00 per request, subject to a flat USD processing fee.

The P2P Marketplace allows users to exchange their LPT balance directly for local fiat currency with other traders. Sellers create ads locking their balance in a secure escrow. Buyers transfer local fiat to the seller’s bank coordinates, upload payment proof, and mark the order as paid. Once the seller verifies the deposit, they release the funds from escrow to the buyer.

Yes, P2P is highly secure. When a trade is initiated, the seller’s balance is locked inside our escrow system. If a seller fails to release funds or a buyer marks paid without transferring money, either party can open a Dispute after a 15-minute window. A platform administrator will review the chat logs, phone records, and payment receipts to resolve the escrow safely. The administrator’s decision is final.

Free Draws are promotional pools with a bid price of $0.00. They require Free Bids to enter. Users are strictly limited to 1 bid per Free Draw to ensure fair participation. You can earn Free Bids by completing your daily check-in streaks or inviting new traders through the referral system.

You can copy your referral link from your dashboard and share it. When a referee signs up and verifies their email address, you instantly receive 1 Free Bid. Additionally, checking in daily on the calendar widget rewards you with 1 Free Bid for every consecutive 5-day check-in streak.