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Ask HN: Was there anything innovative about the FTX platform itself?

9 pointsby SnoJohnover 2 years ago
Serious question: Was there anything innovative about the FTX platform itself?

3 comments

ironymanover 2 years ago
The main feature that enticed large hedge fund traders to trade on there over the likes of Binance was because they offered unlimited size on altcoins; most altcoins on binance futures are limited to about $2 million notional, so if you want to build a large position, you&#x27;d have to apply for a subaccount for each position and manage them separately.<p>But no, they didn&#x27;t offer any unique products their competitors don&#x27;t have.
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nprateemover 2 years ago
He said it was tailored for institutional investors. It had derivatives and let traders use a single wallet or something.
joshxyzover 2 years ago
on spot and futures, the UI is smooth on both web and mobile. they owned a separate wallet mobile app that is also smooth as well.<p>same great user experience can be seen on their developer api and otc user interface (otc.ftx.com).<p>the otc interface is somewhat comparable with b2c2 (another otc desk)
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