Often 'when XXX' is just a meme. But I love seeing them--it lets me gauge interest! In the end we want to list what you want us to list.
So, Crypto Twitter: shill me your requests :)
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When alt/btc perpetuals so we can long for example BNB/BTC while maintaining USD collateral and avoid most of the BTC correlation existent in alt/usd pairs?
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Ideally USD, dunno if it’s doable. The concept would be to get (leveraged) exposure to alts with the least possible correlation to what BTC/USD is doing, and neutral collateral. Kind of like trading an alt on Mex with an hedge short on XBTUSD
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The indexes and alt perps on FTX are great, but sometimes I’d like to diversify my positions more. I’d love to see less correlated products for people who wanna swing trade in all market conditions, while now it feels more like an arb-paradise if it makes any sense
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Just to be clear, the reason why I’m voting for USD collateral is mainly because I don’t have to attach a secondary model to all the bots to maximize TPs; that’s the biggest limitation when algo trading alts, staying neutral like you would on a penny stock or whatever