FTX partners with Paradigm for one-click futures spread trading

The global exchange will provide "guaranteed atomic execution and clearing on both legs" for futures trading on eight cryptocurrencies. New

Digital asset investment firm Paradigm has announced the launch of spread trading in partnership with crypto exchange FTX.

In a blog post on Friday, Paradigm said that under the FTX partnership, users could use "one-click" trading with no "leg risk" for the spread between spot futures, perpetual and fixed maturity on Bitcoin (BTC), Ether (ETH), Solana (SOL), Avalanche (AVAX), ApeCoin (APE), Dogecoin (DOGE), Chainlink (LINK) and Litecoin (LTC). FTX will provide "guaranteed atomic execution and two-leg clearing" for trades.

According to Paradigm CEO Anand Gomes, the arrangement was aimed at attracting new crypto investors interested in cash-and-go transactions – leveraging crypto spot buys and futures on FTX. Gomes added that the rollout could lead to new product offerings "later".

FTX has officially partnered with leading institutional liquidity network @tradeparadigm to make it easier and cheaper than ever to trade the spread between spot, perpetual and futures instruments on $BTC, $ETH, $SOL, $AVAX, $APE,