The race to be the go-to institutional investor platform of choice has stepped up a notch as Deribit and Paradign join forces to launch a multi-instrument block trading solution for crypto derivatives. The new system will allow clients to use the Paradigm chat for direct transactions with counterparties at their discretion. After agreeing on a transaction, trade data will be submitted for the Deribit execution and clearing automatiÑly. Talking about the new service, XBTO Group’s CEO Philippe Bekhazi said “When excellent companies operating in a similar space work together by leveraging relationships and sharing ideas, everyone wins – including, most importantly, the end-user.” Deribit’s CEO, John Jansen, also commented saying the new service will offer block trades with a minimum of 40 Bitcoin and 800 Ether or approximately $400,000 and $150,000 for options contracts linked to those cryptocurrencies. This is the latest positive news for the institutional crypto space after Bakkt announced the launch of their new platform. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next BItcoin Cash technical analysis: BCH/USD produces double bottom, the price jumps 3% FX Street 4 years The race to be the go-to institutional investor platform of choice has stepped up a notch as Deribit and Paradign join forces to launch a multi-instrument block trading solution for crypto derivatives. The new system will allow clients to use the Paradigm chat for direct transactions with counterparties at their discretion. After agreeing on a transaction, trade data will be submitted for the Deribit execution and clearing automatiÑly. Talking about the new service, XBTO Group's CEO Philippe Bekhazi said "When excellent companies operating in a similar space work together by leveraging relationships and sharing ideas, everyone wins - including, most… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
