Bitcoin exchange FTX has partnered with investment firm Paradigm to launch one-click futures spread trading.

FTX officially partnered with leading institutional liquidity network @commerceparadigm To make trading the difference between spot, perpetual and futures instruments easier and cheaper than ever $BTC, $ETH, $LEFT, $AVAX, $APE, $DOGE, $LINK and $LTC!https://t.co/O7chj4l09C pic.twitter.com/mbqjpo6qCQ

— FTX (@FTX_Official) August 12, 2022

Users will be offered spread trading across spot, perpetual contracts and futures for Bitcoin, Ethereum, Solana, Litecoin, Avalanche, Dogecoin and other digital assets.

FTX will provide atomic execution and cleanup for both parties. According to the press release, the commission for trading such spreads will be 50% less than two separate trades.

Anand Gomez, founder and CEO of Paradigm, said that the collaboration aims to attract new investors to the cryptocurrency industry. According to him, companies allow the release of additional products in the future.

Recall that in November 2021, Paradigm and FTX supported the decentralized sports betting protocol BetDEX. The startup closed a $21 million seed round.

That same month, Paradigm launched a $2.5 billion venture capital fund to support “next generation” cryptocurrency projects.

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