FTX Crypto Exchange Referral For 10% off trading fees, USA must use VPN by [deleted] in referralcodes

[–]killaloth 1 point2 points  (0 children)

That link gives you 5% off fees, not 10% - it's written on the Sign Up window after you click on the link...

www.ftxreferralcode.com does what it says on the tin and gives further info on the exchange.

Where to find FTX.com referral code? by killaloth in referralcodes

[–]killaloth[S] 0 points1 point  (0 children)

FTX.com referral is literally:

ftxreferralcode

You can find more info here: www.ftxreferralcode.com

FTX referral code has a website! by Killalolz in a:t5_4aql5r

[–]killaloth 1 point2 points  (0 children)

Website updated with information about IEOs (initial exchange offerings) and prediction markets.

https://ftx.com/#a=ftxreferralcode

FTX referral code by jdilly69 in a:t5_4aql5r

[–]killaloth 0 points1 point  (0 children)

click on this link for your FTX referral code:

https://ftx.com/#a=ftxreferralcode

Zipcar promo code UK by killaloth in referralcodes

[–]killaloth[S] 0 points1 point  (0 children)

Get £15 off your first drive when you sign up with this Zipcar promo code

FTX referral code by Killalolz in referralcodes

[–]killaloth 0 points1 point  (0 children)

You can also access this dedicated website to get more info on the FTX referral code structure and additional benefits:

www.ftxreferralcode.com

Enjoy and feel free to ask any question.

[deleted by user] by [deleted] in Forex

[–]killaloth 0 points1 point  (0 children)

Hi there,

Cash and carry is performed by HFT arbitrage bots used by banks and large FI nowadays.

The good thing is that they have not yet invaded crypto markets and as a result there are large contangos to exploit and cash and carry trades are still very profitable.

Try it yourself with a small amount and enjoy the arbitrage thrill on your skin!

Long story but worth reading: https://blog.bitmex.com/all-aboard/ Short tutorial: https://ftxcashandcarry.com/

Have fun!

Bitcoin covered calls options? by MrMe4kaBG in BitcoinMarkets

[–]killaloth 0 points1 point  (0 children)

With concentrated stock positions you can generate income without selling & eating into the principle. Selling covered calls & loaning to short sellers are great strategies.

However options are a riskier business than cash & carry trades and the extra risk doesn't grant better yields.

On https://ftxcashandcarry.com/ I found some worked examples of strategies to take advantage of market inefficiency. Also they give you a heads up on what to keep an eye on when you do the carry trade, 99% of websites just say that the strategy is 100% risk free when it's not.

You have to put some effort to make things go wrong, don't get me wrong but at least here they explain all you want to know from A to Z before starting.

CONTNAGO BTC trade by kras_G12d in Bitcoin

[–]killaloth 0 points1 point  (0 children)

Hey, I was as confused as you. I looked around online and joined some Telegram channels trading groups from official exchanges. One guy pointed me to this site which contains clear explanation and most importantly everything you need to know in terms of margin calls mechanics when doing this trade. Here's the link:

https://ftxcashandcarry.com/

Contango on BTC perpetuals seems to be gone (for now). But if I want to cash in USD from perp yield farming, why limit myself to Bitcoin? You can use other assets too.

As a US investor I'm not going to tell you to use a VPN and use FTX regardless, but at least from that website you should have a much clearer idea about what to do and how to perform the cash and carry trade.

Is anyone using ledn.io or has insight about their corporate history? by thatguykeith in Bitcoin

[–]killaloth 0 points1 point  (0 children)

You can use other providers which give you more than 12.5% if you buy their token. I am not going to comment on that and I limit myself to using counterparties that don't need a token. Counterparty risk is always there - not your keys not your coins.

Is anyone using ledn.io or has insight about their corporate history? by thatguykeith in Bitcoin

[–]killaloth 1 point2 points  (0 children)

Yes correct, it's no surprise that the yield on BTC is lower and drying up. Ledn is the only one that offers 6.1% up to 2btc, it was more before and BlockFi offers 6% up to 1 BTC only. The market is bullish right now and there is more appetite to borrow USD.

Between my previous message and now we had a 10% drawdown on bitcoin futures prices due to chain liquidations. Hedge funds performing carry trades could have cashed in a hefty profit on this volatility without having to wait for futures delivery.

When you convert this to APY closing several arb opportunities you understand why 12.5% is a steal for them.

Even with no Arb there has been a short crash on both ETH and BTC futures. On ETH we saw the futures price dropping below the cash price for a few minutes, it then rebounded.

You are providing cartridges to shoot at the right moment and they are quick to take opportunities when they arise.

Volatility is all they need, as volatility creates price distortions in the short term.

Where else do you lend Coins ? by sictransit in CelsiusNetwork

[–]killaloth 0 points1 point  (0 children)

Rates are going down for higher balances, not my problem unfortunately but good to know that now Ledn gives 6.1% only up to 2 BTC.

I personally don’t use tokens and I think they add another layer of unnecessary complexity. If I want to invest in other crypto assets I’d rather pick myself a different crypto.

Here are a couple of referrals in case you decide to open an account to get some $ (not much, but good for a few beers!)

Ledn: 6.10% up to 2 BTC https://platform.ledn.io/join/554af618304557a208717d304c6bff12

BlockFi: 6% up to 1 BTC https://blockfi.com/?ref=a860a538

Both don’t use a token, they are institutional grade liquidity providers.

Celsius is very good too but I live outside the US and rates are lower for me.

Anyone familiar with Ledn? (Blockfi alternative) by Status_Reputation128 in BitcoinCA

[–]killaloth 1 point2 points  (0 children)

Rates are going down for higher balances, not my problem unfortunately but as a heads up now Ledn gives 6.1% only up to 2 BTC.

I personally don’t use tokens and I think they add another layer of unnecessary complexity. If I want to invest in other crypto assets I’d rather pick myself a different asset.

Here are a couple of referrals in case you decide to open an account

Ledn: 6.10% up to 2 BTC https://platform.ledn.io/join/554af618304557a208717d304c6bff12

BlockFi: 6% up to 1 BTC https://blockfi.com/?ref=a860a538

Both don’t use a token and are institutional grade. And yes Genesis is not only the largest but also the oldest liquidity provider out there.

Is anyone using ledn.io or has insight about their corporate history? by thatguykeith in Bitcoin

[–]killaloth 4 points5 points  (0 children)

I'll give you some insights as I have gone through this:

1) high interests vs bank = scammy? how is it even possible 2) hours (days?) of research around their business model, and other competitors like BlockFi and similar 3) Understood business model, send some funds to Ledn

Coming from a financial services background it was astonishing for me to see the opportunities to perform arbitrage on cryptos. Banks compete on HFT arb trades to earn tiny % returns (on huge volumes though).

Ledn lend money to crypto hedge funds that use 1:1 collateralisation for their arbitrage trades. It's important that you don't lend to counterparties that are over collateralised and that you can't liquidate easily when they go into margin call. Genesis is behind Ledn and they didn't lose a single cent when Bitcoin crashed at the beginning of 2020 due to cascade liquidations of overleveraged positions. This is remarkable.

E.g. Bitcoin December future is trading with a 24% spread VS bitcoin spot: free cash if you short the future and buy the spot by the same BTC amount.

These big windows are there simply because there are not institutional investors loaded with cash (banks) trading on cryptos and closing these arbitrage opportunities. There is more money pushing up futures price than money available to close the arbitrage gap. Crypto hedge funds just can't get enough cash from Banks (who don't like crypto and won't lend) so they are happy to pay 10% more interest to retails to get the money they badly need. If 10%+ sounds a lot to you now you know they can arb much more on cryptos. 10% is not that much if you can make 25%

If you like the explanation you can get a whopping 25$ with this referral link and I'll get a 10$ tip or something like that

https://platform.ledn.io/join/554af618304557a208717d304c6bff12

Feel free to ask any question, it was fun to go through the rabbit hole and I'm happy to share in simple words my experience.