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We've launched ETH/BTC spot markets!

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FTX

Cryptocurrency Derivatives Exchange

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Any plans for futures on crosses?

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Thinking about it, but it would be messy--margin/collateral/pnl/leverage/etc. all currently assume USD

Calmly | full-time trader

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it would be messy but honestly thing it would be super dope. if you can figure out how to trade btc pairs with USD as collateral, that would be a game changer

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We could do quantosed futuers, but that's pretty messy...

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We could also potentially have ETH/BTC futures that pay our USD PnL in real time by multiplying by real-time exchange rates of BTC/USD, I think?

9:46 AM · May 14, 2020Twitter Web App

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Calmly | full-time trader

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btc pairs markets are so valuable because they behave independently of btc (aside for sentiment). USD pairs are inherently tied to btc movement so it's more like you're trading a derivative. for ex, would love to be shorting some btc pairs when btc moons to satisfy my bear itch