How Bitcoin Derivatives Work with Juthica Chou - WBD366

How Bitcoin Derivatives Work with Juthica Chou - WBD366

Location: Remotely Date: Tuesday 22nd June Project: Kraken Role: Head of OTC Options Trading

Derivatives are contracts that allow traders to take a position with an asset based on possible outcomes; while they can provide dramatic rewards, they come with risk.

Derivative exchanges have been a growing part of the maturing bitcoin ecosystem. However, with the rise of exchanges like FTX and Binance, offering high leverage, there is an increasing lens on these exchanges.

Derivative contracts are a valuable tool for experienced traders. With exchanges offering leverage of up to 125x, inexperienced traders can quickly amass significant losses.

Whenever bitcoin has a sharp move in either direction, those on the wrong side of the trade often get liquidated. These capitulation events regularly wipe out hundreds of millions or even billions of dollars in positions.

Some people suggest that high amounts of leverage are detrimental to the price discovery of bitcoin, but it's clear from the rise of certain exchanges that these are the types of markets traders want.

In this interview, I talk to Juthica Chou, Head of OTC Options Trading at Kraken. We discuss how bitcoin derivatives work, the different types of contracts, and Microstrategy's leverage plays.

Hosted on Acast. See acast.com/privacy for more information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(1086)

#208 - Ann Pettifor - "A $40 Trillion Debt Crash Is Coming”

#208 - Ann Pettifor - "A $40 Trillion Debt Crash Is Coming”

Ann Pettifor is a world-renowned political economist, author of The Production of Money, and former director of the Jubilee 2000 campaign, which successfully mobilised millions to cancel over $100 bil...

3 Sep 1h 19min

#207 - Eric Kaufmann - How 'Cultural Socialism' Destroyed Our Universities

#207 - Eric Kaufmann - How 'Cultural Socialism' Destroyed Our Universities

Eric Kaufmann spent over two decades as a professor of politics studying demography, identity, and voting behaviour before leaving Birkbeck College to launch the Centre for Heterodox Social Science at...

1 Sep 1h 32min

#206 - Emad Mostaque - "Your Job's Economic Life Expectancy Ends In 2 Years"

#206 - Emad Mostaque - "Your Job's Economic Life Expectancy Ends In 2 Years"

Emad Mostaque founded Stability AI, built Stable Diffusion, and helped kick off the open-source generative AI explosion - before stepping down to build a new blueprint for human freedom as founder and...

28 Aug 1h 45min

#205 - Prof. Moran Cerf - "Did We Accidentally Build A Conscious AI?"

#205 - Prof. Moran Cerf - "Did We Accidentally Build A Conscious AI?"

Moran Cerf spent twenty years recording single neurons inside the brains of conscious human beings and he still can't tell you what consciousness is. A former hacker turned neuroscientist, now a profe...

26 Aug 1h 10min

#204 - Dmitri Alperovitch - China's Cyber Sleeper Cells, Taiwan & The Second Cold War

#204 - Dmitri Alperovitch - China's Cyber Sleeper Cells, Taiwan & The Second Cold War

Dmitri Alperovitch co-founded CrowdStrike, ran the investigation that first exposed Chinese state hacking to the world and predicted Russia's invasion of Ukraine months before it happened. He is now c...

22 Aug 1h 20min

#203 - Gregory Allen - Ex-DoD Official: "AI Is Now A Digital Nuclear Weapon"

#203 - Gregory Allen - Ex-DoD Official: "AI Is Now A Digital Nuclear Weapon"

Greg Allen has spent his career where AI meets national security. He wrote the landmark 2017 report on AI for the US intelligence community, served as Director of Strategy and Policy at the Pentagon's...

20 Aug 1h 34min

#202 - Barry S. Strauss - "We Are In The Final Stages Of Western Collapse"

#202 - Barry S. Strauss - "We Are In The Final Stages Of Western Collapse"

Barry Strauss has spent four decades studying how empires rise and fall. A senior fellow at the Hoover Institution and the author of Ten Caesars and Jews vs Rome, he argues the West is repeating a pat...

18 Aug 1h 15min

#201 - Connor Leahy - The AI That Escaped: Inside OpenAI's Rogue Agent Incident

#201 - Connor Leahy - The AI That Escaped: Inside OpenAI's Rogue Agent Incident

Connor Leahy has spent his career at the frontier of AI, from reverse-engineering GPT-2 as a student and co-founding EleutherAI to building the AI safety company Conjecture. He now leads US policy wor...

14 Aug 1h 9min

Populärt inom Politik & nyheter

aftonbladet-krim
svenska-fall
fordomspodden
rss-krimstad
p3-krim
en-runda-till
flashback-forever
aftonbladet-daily
politiken
rss-vad-fan-hande
rss-sanning-konsekvens
rss-krimreportrarna
rss-expressen-dok
kungligt
svd-ledarredaktionen
motiv
rss-flodet
rss-frandfors-horna
spar
omni-podd