Coinbase's GDAX Links Up With Trading Software Provider

CoinBase has partnered with Trading Technologies to integrate bitcoin spot and bitcoin derivatives trading.

AccessTimeIconJan 26, 2018 at 7:00 a.m. UTC
Updated Sep 13, 2021 at 7:29 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

GDAX, the cryptocurrency exchange run by startup Coinbase, has partnered with trading software provider Trading Technologies.

The integration allows those using TT's platform to access spot bitcoin trading alongside futures for the cryptocurrency, the two firms announced Thursday.

Trading Technologies CEO Rick Lane also announced efforts to develop "asset-class-specific functionality on the TT platform for cryptocurrency trading". Lane attributed the decision to partner with Coinbase to demand from the institutional trading community.

Customers will have access to market data, charts and automated trading tools with which to submit orders and trade cryptocurrencies on GDAX. It will also enable spread trades, in which two assets are bought and sold concurrently.

GDAX General Manager Adam White commented:

"The offering is timed perfectly, just as futures on Bitcoin are taking form. TT provides one of the most powerful and ubiquitous tools to today’s futures trader. This, paired with GDAX’s crypto-spot market liquidity, will provide thousands of institutional investors a seamless and secure way to trade digital assets"

boasts access to 45 markets worldwide including Deutsche Boerse, Intercontinental Exchange and Nasdaq, as well as CME group and Cboe Global Markets Inc., which both started bitcoin futures trading late last year.

Handshake image via Shutterstock

Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Coinbase. CME Group is an investor in Digital Currency Group.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.