the question is does Binance takes the other side of a trade ? Who clears the trades and etc.
Is binance reliable to trade bitcoin futures?
- Thread starter ssp729
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the question is does Binance takes the other side of a trade ? Who clears the trades and etc.
Yes and no. Thy'll almost certainly use their own market making operation (automated) but they'll be in competition with many other market making shops who plug into them.
With your computer skills Duke, you could build an automated market making algo and join the fun...
Got it. My expertise lays in algo trading based on statistical research, I do not know MM business to build operation. I am sure I can learn, but not where I want to focus.
Would like to hear your arguments why trading at unregulated crypto broker better than trading at the largest and one of the most reputable derivative exchange.
So I only need $500 to trade a BTC future? I am IN!!!!
this would be my guess as CME/CBOE is way behind the curve when it comes to crypto. Binance and bitmex likely trade 24/7 too.
they don't talk to the IRS
24/7
if it's anything like crypto spot trading, high vol so fast execution
that is $500 binance would gladly take off your hands.
Better leverage, longer trading hours, more selection of crypto products. Just pull up the product offerings and it will be obvious.
Look at the volumes as well. Binance crushes CME.