How The Big Money Moves In Crypto with Sam Bankman-Fried

Published: Dec. 17, 2020, noon

b'Sam Bankman-Fried has quickly become a crypto legend. He graduated college as a Physicist but chose to pursue a career in finance, with the intention of making and donating as much money as possible. Sam discovered his innate ability to spot inefficiencies in global markets and transitioned to crypto to capitalize on his incredible skill set. Now he casually manages billion-dollar arbitrage trades through Alameda Research while providing liquidity and endless trading options to crypto traders through his top 10 crypto exchange, FTX. Sam\\u2019s insight into crypto liquidity sheds a clear light on the practices of Bitcoin whales and is essential to understand as a crypto trader or investor.\\xa0\\nScott Melker and Sam Bankman-Fried further discuss trading a billion dollars in a day, executing orders in stealth, arbitraging money around the world, looking at 6 monitors at once, billion-dollar capital management, front running orders, injecting liquidity, the golden parameter of trading, preventing a Bitcoin leverage meltdown, scaling the industry for institutional money, dominating liquidity and more.\\n---\\nVOYAGER\\nThis episode is brought to you by Voyager, your new favorite crypto broker. Trade crypto fast and commission-free the easy way. Earn up to 9.5% interest on top coins with no lockups and no limits. Download the Voyager app and use code \\u201cSCOTT25\\u201d to get $25 in free Bitcoin when you create your account.\\n---\\nMYBOOKIE\\nIn a year unlike any other, you need a sportsbook unlike any other. And if you gamble with Bitcoin, you need a sportsbook that doesn\\u2019t just slap the word \\u201ccrypto\\u201d on their homepage and call it a day.\\xa0Make the right play and sign up at\\xa0MyBookie.com. Use promo code SCOTT to receive a 100% bonus on your first three deposits.\\xa0\\n---\\nIf you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe.This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io'