Paradigm + Bit.com Integration Announcement

Published On

August 13, 2020

We are pleased to announce our integration with Bit.com, a subsidiary of Matrixport!

Bit.com is a secure and high performance derivative exchange launched by the Bitmain spin-off Matrixport, an integrated financial services firm and household name in crypto. The exchange offers perpetual swap trading with up to 50x leverage and option trading with up to 10x leverage.

As part of our partnership, Paradigm traders on Bit.com will enjoy:

  • Zero Block Trading Fees! 🔥🔥
  • Up to 25% discount on Exchange Fees for multi-leg transactions!
  • Zero Exchange Fees on the first 100 BTC of block trades during launch week for options (8/17-8/23)
  • Block size minimums of 5 BTC for BTC Options and 5000 USD for BTC Perpetuals.

Option trading will go live on Aug 17. If you are new to Bit.com, please sign up here 👉 Sign up

Benefits of using Paradigm

Liquidity for Large Orders
Liquidity for Large Orders
88% of trades executed at larger-than-screen sizes*
Better Than Screen Prices
Better Than Screen Prices
61% of trades executed at better-than-screen prices*
Multi-Leg/Instrument Execution
Multi-Leg/Instrument Execution
Fee Discount for multi-leg trades (Bit.com)
Delta-neutral execution
No disruption to the order-book
No disruption to the order-book
* Based on July 2020 monthly trading

With the Bit.com integration, Paradigm continues to expand its role of serving as a one-stop liquidity access point to the institutional trading ecosystem. Traders on Paradigm get better-than-screen prices, including oftentimes mid pricing, for larger than screen sizes across multiple world-class liquidity pools.

We are very proud of this partnership and look forward to further developing our global ecosystem of exchanges and institutional counterparties in the months ahead!

Onward and upward…

The Paradigm Team 💜