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FTX is planning to add Alt vs BTC markets soon (e.g. XRP/BTC futures). Currently all settlement on FTX is in USD. Should the ALT/BTC futures:

Settle in BTC
72.8%
Settle in USD, quantosed
9.6%
Settle in USD, live rate
17.7%

753 votesFinal results

7:13 AM · Aug 22, 2019Twitter Web App

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Finally I can trade my SHIT with a BTC pair, instead of opening two positions to cross-hedge a synthetic SHIT/BTC pairing with double funding. Kudos!

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Settled in $FTT please

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Go home u drunk

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BTC bro, this is what we are doing here

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USD please, no point in holding BTC when we're downtrending

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Big daddy BTC

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Can you make it a choice for each individual user or is that too hard to do?

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We can and probably will--but fundamentally there has to be a 'default' because, if one person owes another PnL, one wants to pay in BTC, and the other wants to receive in USD, someone has to pay the conversion cost

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Quantosed = ? Sorry, couldn't figure it out after googling

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BTC pairs settled in BTC please