Crypto assets trading platform FTX has partnered with Paradigm, one of the largest institutional liquidity networks in launching a “one-click” future spread trading that integrates eight (8) different cryptocurrencies.
According to the announcement
The cryptocurrencies that will be traded on the new futures spread initiative include Bitcoin (BTC), Solana (SOL), Dogecoin (DOGE), Ethereum (ETH), and Litecoin (LTC), Avalanche (AVAX), Chainlink (LINK), and ApeCoin (APE).
With the new partnership, crypto investors that seek yields “can now execute cash and carry trades leveraging FTX’s spot and futures instruments across multiple coins and futures expirations”. With just one click, traders are enabled to fund rates on perpetual, other than “manage each leg individually”.
According to the announcement, ‘spreads trading on Paradigm has guaranteed atomic execution of both legs, so is structurally less risky when compared to executing individual legs via a traditional exchange order book....
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