OTC BTC Volume — Trending Higher at Paradigm
Markets are down, but bitcoin volume is up at the world’s largest OTC crypto liquidity network. Paradigm posted record BTC volume last week. Check out the chart below to see that volume is trending higher. Quickly.
What’s most exciting about the volume growth is the increasing share of volume coming from futures. Paradigm has dominated the crypto options space for a long time, and we now have our sights on futures.
Have you tried to move size in crypto on the lit markets? Tricky, if not all but impossible, isn’t it. The liquidity isn’t here. Trust me; counterparties are willing to take on your size; they don’t want to show their quantities on the open market.
Perhaps you’ve heard that OTC is the way to go if you move large quantities, but where do you go for this OTC market? Call around to a few dealers? Do you even know a few dealers? We do, and a lot of them. When you ask for a market with Paradigm, you get quotes back from numerous market makers. We make it easy.
What about spreads and rolling crypto futures…that’s tricky too. Most crypto exchanges don’t support futures spreads. Paradigm does. Yep, futures spreads are available on Paradigm. Single click execution of both legs with no legging risk. No slippage either. You’re crossing in the OTC market against guaranteed markets. We make this easy.
Are you worried about the cost? Paradigm is a free platform; we don’t charge you a dime. Non-custodial, too, so we don’t touch your crypto.
Still worried about the cost? Don’t. Deribit recently lowered their fees on clearing OTC futures. Don’t talk to me about inflation. The cost of blocking crypto futures has fallen.
Make this your week to move into OTC and save yourself some $$$. Better liquidity. Better fills. Better experience.
Join Paradigm’s OTC liquidity network here: https://www.paradigm.co/join
Read more about Deribit’s cut in fees here: https://www.paradigm.co/blog/crypto-futures-spreads-at-paradigm-lower-fees-higher-volumes
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