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Bitfinex Introduces Spread Ladder for Traders

Source: Chloe

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Bitfinex, a digital token trading platform, has launched a new trading Spread Ladder into its user interface. The tool allows traders to execute large trades in a single transaction without having to take multiple positions to hedge risk, and assists in achieving an average entry and exit price.

"Our Spread Ladder allows 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 of 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 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.

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