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Tom Howard leads business development at PowerTrade, a derivatives and options trading platform for cryptocurrency.
He discusses the company's derivatives products, the PTF token, and the growth of derivatives trading in the crypto industry.
1Interview
2021First on the show
Sep 2021Latest appearance
20 minOn camera
19:35
Latest interview · Sep 14, 2021PowerTrade is expanding derivatives trading in cryptocurrencyWatch the episode →
Key points
- Cryptocurrency options trading volume reached approximately 30 billion dollars in March, significantly lower than futures markets at 2 trillion dollars, suggesting substantial growth potential.
- Options provide leverage exposure without liquidation risk, allowing traders to profit from price movements while limiting losses to the contract premium paid.
- PowerTrade launched approximately one year ago and currently offers live Bitcoin and Ethereum options on iOS, Android, and web platforms with a SPAN margin system.
- Capital efficiency on PowerTrade allows traders to execute multi-leg strategies on a single platform rather than splitting capital across multiple exchanges for hedging.
- PowerTrade prices all contracts in cryptocurrency rather than fiat currency, and plans to expand offerings to include futures, perpetuals, and spot trading markets.
In their own words
“options is the final frontier of financial primitives in crypto”
“That's capital efficiency: you get more ROI per dollar on a single platform.”
