Disclaimer:
Please be very careful when building Quant Zone rules. A small mistake can lead to a large loss of funds as the QZ will continue to run every 15 seconds as long as the conditions set by the user are met, so be sure to double and triple check both…
FTX has grown tremendously this past year. Our daily volume is averaging $5b, our userbase has grown, and this week we unveiled trading on Blockfolio. Those are just the start; there’s a ton of big things on the horizon.
We are pretty happy with how things have been going in…
Join us on December 22nd at 5PM PST (01:00 UTC, 09:00 SG/HK) as the CEO of FTX, Sam Bankman-Fried, Founder of Ethereum, Vitalik Buterin, and Managing Partner at Dragonfly Capital, Haseeb Qureshi will be getting together before the holidays to share their views on giving in crypto, Effective Altruism, and…
We’ve had a lot of exciting new developments at FTX in the past few months. From stock trading to increased capacity for load to prediction markets to spot margin, we’ve heard what features the crypto community wants from an exchange, and we’ve listened.
But while our products and features have…
A surprisingly large number of us come from a trading background. And as traders, we think a lot about capital efficiency and liquidity. This is reflected in some of the fundamental decision on the platform including subaccount-wide cross-margining system and easy ways to access leverage.
Today we’re introducing spot margins…
Today we’re releasing our investigation into cryptocurrency volume on exchanges around the world. To see our live-updating results, visit.
CoinMarketCap has taken steps to identify fake volume, but there are still more to take. Studies like the one conducted by Bitwise Asset Management come up short in the other direction…
Let’s say you own 100 BTC and you want to hedge them. You have two options: short sell 100 BTC/USD on an exchange with margin trading, or sell 100 BTC futures. Which is better?
Arguments for Margin
Margin trading has two great properties.
The first is fungibility. Let’s say you own 100 BTC…
Normal Trading
Say some account A deposits $1m of collateral to buy $5m of BTC futures. They are currently 5x leveraged, and a 20% BTC move away from bankruptcy. They can trade normally.
Account A:
Position: long $5m
Assets: $1m
Leverage: 5x
Distance from bankruptcy: 20%.
Orderly Liquidation
Now say that BTC drops…
FTX — Cryptocurrency Derivatives Exchange
FTX is a cryptocurrency derivatives exchange built by traders, for traders. Find us at ftx.com, https://t.me/FTX_Official, and https://twitter.com/FTX_Official
