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by ironyman 1273 days ago
The main feature that enticed large hedge fund traders to trade on there over the likes of Binance was because they offered unlimited size on altcoins; most altcoins on binance futures are limited to about $2 million notional, so if you want to build a large position, you'd have to apply for a subaccount for each position and manage them separately.

But no, they didn't offer any unique products their competitors don't have.
1 comments
europeanguy 1273 days ago
> most altcoins on binance futures are limited to about $2 million notional

Could you clarify? Do you mean that the accounts had a maximum amount of normal they could carry?

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ironyman 1273 days ago
That's right. Binance has very low limits for your 'max position size' on most altcoins, often between $2 to 3 million unless it's one of the top 10 tokens, regardless of how much collateral you have in your account.
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