Ask HN: How Safe Is Alpaca?
I have been looking at https://alpaca.markets/ and wanted to use it to test out some of my API based trading.
What guarantees or structures are in place to make sure it doesn't end up like FTX?
What guarantees or structures are in place to make sure it doesn't end up like FTX?
If you're playing on the crypto side, your main risk would be the crypto going to zero as they are wont to do, but I'd be a bit more hesitant.
With things like this, assume they're going to explode anytime and plan accordingly.
You're probably better off just connecting directly to Coinbase or Gemini APIs, or interfacing with Uniswap directly. You can also take a look at hummingbot, they provide some nice abstractions.