Re:Ask HN: Was there anything innovative about the FTX platf...
by europeanguy on Thursday December 22, 2022 @01:21AM
(#34090425)
> most altcoins on binance futures are limited to about $2 million notional
Could you clarify? Do you mean that the accounts had a maximum amount of normal they could carry?
Re:Ask HN: Was there anything innovative about the FTX platf...
by ironyman on Thursday December 22, 2022 @06:06AM
(#34092167)
That's right. Binance has very low limits for your 'max position size' on most altcoins, often between $2 to 3 million unless it's one of the top 10 tokens, regardless of how much collateral you have in your account.
But no, they didn't offer any unique products their competitors don't have.