OKX has launched Nitro Spreads, a new tool on its institutional liquid marketplace that allows traders to execute complex basis trades with just one click. This tool supports spot, perpetual, and feature contracts, and sets itself apart in the crypto sphere by executing two legs of trades through a central order book. Nitro Spreads offers guaranteed spreads and delta-one spread strategies, which is appealing to institutions that value reliability, predictable returns, and genuine innovation. Lennix Lai, OKX’s global chief commercial officer, emphasized the significance of Nitro Spreads in basis trading. Overall, this new tool aims to provide a convenient and efficient solution for traders looking to engage in basis trading in the crypto market.
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