FTX and Paradigm Join Forces to Unveil Crypto Futures Spread Trading
Crypto exchange FTX has partnered with digital asset investment firm, Paradigm. The aim of the collaboration is to launch spread trading, which will essentially enable users to benefit from pricing dislocations with “cash-and-carry” plays. Spread Trading can be referred to as the purchase of one security and sale of a related security, called legs, as a unit.
According to the official blog post, the partnership will help users to leverage “single-click” trading with “no leg perpetual risk.” Paradigm explained that users will be able to trade the spread between spot, perpetual, and fixed maturity futures on eight crypto-assets – Bitcoin (BTC), Ether (ETH), Solana (SOL), Avalanche (AVAX), ApeCoin (APE), Dogecoin (DOGE), Chainlink (LINK) and Litecoin (LTC). FTX, on the other hand, is tasked with offering “guaranteed atomic execution and clearing of both legs” for the trades.
Source
https://t.me/DeFi_Ethereum
