Conversation

FTX is considering a feature where you can decide what currency you're paid PnL in. Say you choose BTC. You make $5, and it's paid out in BTC. Then markets move and you lose $5. Do you want to turn that BTC back into USD to pay the $5, or to end up with negative $5 and BTC?

Turn BTC back into USD
27.4%
BTC and negative USD
32.7%
Results
39.9%

1,380 votesFinal results

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How flexible would this feature be???? Could we choose the payout on a per-position basis? That would be absolutely ideal. This feature would be incredible.

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and

Hm--my guess is we'll do it per subaccount, so you could have one sub that pays in BTC and another in FTT and another in ETH and put whichever positions you wanted in those

9:18 PM · Mar 4, 2020Twitter Web App

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and

Awesome. Essentially I’d utilize it mainly for BTC settlement on shorts, while I’d be more likely to settle in USD/Stable on longs. The option to settle in other instruments such as ETH would be really interesting as well.