Introduction | Delta Exchange - User Guide & Rule Book (2024)
Getting started with Delta Exchange
Delta Exchange is a cryptocurrency derivatives trading platform. We currently offer:
Futures: Perpetual swap contracts and fixed maturity futures on bitcoin (BTC) and 50+ altcoins
Options: USDT settled European call and put options on BTC and ETH
MOVE Options: These option contracts are used to speculate on the volatility of the underlying cryptocurrencies. The price of these contracts is proportional to the magnitude of price moves of the underlying rather than the direction of the move.
Spot: Currently, we have seven pairs available in spot trading - DETO/USDT, BTC/USDT and ETH/USDT, SOL/USDT and USDC/USDT, with more markets in the offing.
. The following features stand us apart from other cryptocurrency exchanges:
Leverage: All derivative contracts traded on Delta Exchange have built in leverage. The maximum allowed leverage varies from contract to contract and can go up to 100x for certain contracts. This means that with say 1 BTC, you can take a position of up to 200 BTC.
Speculate or manage risk: Our futures contracts can be used to trade both rising markets (by going long) and falling markets (by going short) profitably or to hedge price risk.
Cryptocurrency settlement: All contracts listed on Delta are settled in crypto. This means that all the calculations of trade profit/ loss as well as trade settlement in done in cryptocurrency terms. Fiat currencies (e.g. US Dollar) are not supported on Delta. Currently we have two types of contracts:
Stablecoin settled futures contracts: these contracts are margined and settled in USDT. USDT is a stablecoin whose value is pegged to the US Dollar. To trade USDT settled futures, you need to have USDT.
Bitcoin settled contracts: these contracts are margined and settled in bitcoin. Hence, to trade these contracts you need to have bitcoins.
Making your first trade on Delta
The trading dashboard of Delta Exchange is comprised of multiple panels. These include chart, order book/ recent trades, order submission and open orders & position panels. The functions and uses of these panels are delineated in the picture below.
To place a trade, you need to:
Select the contract you are interested in
Recall that futures contracts on Delta Exchange are margined and settled in either BTC or USDT. If you are looking to trade a USDT settled contract, you could use the currency converter tool to change BTC to USDT.
Specify the number of contracts that you are looking to buy/ sell
Decide on the order type (e.g. limit or market) and place it
Once an order is placed, it will immediately show up in ‘Open Orders’ tab in the Balances panel. On execution of the order you acquire a new ‘Open position’ which displayed in the Balances panel.
Trading derivatives is more involved and quite different from spot buying and selling of cryptocurrencies. The mechanics of margining, calculation of PnL, details of contract settlement may not be always obvious and we’d encourage you to browse through the Tutorials section as well as the rest of the documentation.
We hope you have a happy and profitable trading experience on Delta Exchange!
The short answer is yes! Delta Exchange, the premier options trading platform, is your gateway to trade Bitcoin call and Put options. With daily expiries, low settlement fees, quick withdrawals, high liquidity, and tight spreads denominated in the USD, Delta Exchange provides an unmatched trading experience.
Leverage: All derivative contracts traded on Delta Exchange have built in leverage. The maximum allowed leverage varies from contract to contract and can go up to 100x for certain contracts. This means that with say 1 BTC, you can take a position of up to 200 BTC.
Navigate to the order book on the right hand side of your screen.Choose your preferred order type - limit, market or stop market.Choose your direction - long or short. Taking a Long position implies making a bet on high volatility and price fluctuations.
Delta Exchange offers futures contracts trading for over 50 DeFi coins and altcoins, including Bitcoin and Ethereum. The platform is known for its unique demo account, allowing traders to practice strategies without risking real money.
Invite your friends to Sign up on Delta Exchange with your referral link. Referred users get 10% trading fee discount for 6 months.Receive 15% of the trading fees that your referred friends pay. Start Earning Now!
You can withdraw the funds that are currently not being used for trading to one of your 'added bank accounts'. Please note that that only INR withdrawals are supported.
Many professional traders say that the best leverage for $100 is 1:100. This means that your broker will offer $100 for every $100, meaning you can trade up to $100,000.
Delta hedging is an options trading strategy that aims to reduce, or hedge, the directional risk associated with price movements in the underlying asset. The approach uses options to offset the risk to either a single other option holding or an entire portfolio of holdings.
r is the risk-free interest rate. σ stands for the underlying asset volatility. S is the underlying asset price. t is the time until the option expires.
Cashflows can occur: (a) at the trade inception, (b) while the trade is open and fixed/ floating payments are being exchanged periodically and (c) at the time of exit from the trade. You make profit in a trade when the cumulative net cashflow (i.e. total incoming cashflow - total outgoing cashflow) is positive.
Conclusion. In conclusion, both Delta Exchange and Exness are reputable and well-established brokers in the financial industry, each offering a unique value proposition to traders.
For complete Stop-Limit orders, you will need to specify the Stop Price, the order quantity, and the order limit price. Please note that only Mark Price can be used to specify the Trigger Price of a stop order. In the case of a Buy stop order, the stop price must be below the current Mark Price.
To see if a site is registered, visit fincen.gov/msb- registrant-search. Registration alone won't protect you from fraud, but most scams involve unregistered entities, people, and products. 3. No physical address, it's clearly fake, or offshore.
A perpetual contract is designed to trade close to spot. Funding is the mechanism which helps to achieve this. It is a series of continuous payments that are exchanged between longs and shorts in a perpetual contract.
Introduction: My name is Arline Emard IV, I am a cheerful, gorgeous, colorful, joyous, excited, super, inquisitive person who loves writing and wants to share my knowledge and understanding with you.
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