The tool will allow traders on Bitfinex to deploy trading strategies that aim to hedge risk and deliver an average entry price.
“Our TT Spread Ladder allows our customers to trade in larger sizes with just a single transaction, utilizing the high performance of our matching engine to hedge risk and ensure all orders are executed,” said Paolo Ardoino, CTO at Bitfinex.
Ladder trading makes it possible to execute larger trade sizes in a single transaction without having to place multiple positions. The addition of the TT Spread Ladder underlines the sophisticated nature of the Bitfinex platform, which has become a hub for professional traders and institutional customers in the digital token space.
As an exchange committed to delivering greater financial freedom to all its customers, Bitfinex is enabling professional traders to use state-of-the art trading tools that have historically been the exclusive preserve of the incumbent financial markets.
*All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com.
Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.
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