{"id":69980,"date":"2019-02-26T18:00:26","date_gmt":"2019-02-26T12:30:26","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=69980"},"modified":"2024-01-09T19:23:37","modified_gmt":"2024-01-09T13:53:37","slug":"delta-exchange-making-inroads-into-the-crypto-derivatives-space","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/delta-exchange-making-inroads-into-the-crypto-derivatives-space\/","title":{"rendered":"Delta Exchange – Making Inroads Into The Crypto Derivatives Space"},"content":{"rendered":"

Crypto derivatives space has seen a meteoric rise both in interest and in trading volumes in the last 12-18 months. Coupled with leverage and ability to go both long & short, derivatives offer larger earning potential to traders. The growing demand for crypto derivatives has attracted many new players who are continuously innovating to offer advanced solutions to traders. Delta Exchange is one such platform that has been in the news for the last couple of months.<\/p>\n

Delta Exchange<\/a> started in 2018, is a crypto derivative exchange which allows traders to trade BTC, ETH, XRP & XLM contracts with up to 100x leverage. Delta aims to be a #TradersFirst derivatives exchange and since their launch, they have released some exciting features for traders. These features include Stablecoin settled futures, USD pairs for leveraged trading, option to hold balances in more than one currency etc.<\/p>\n

The team is also working to add automated trading strategies which would allow traders to allocate money to a trading system rather than manually deciding when to enter and exit a trade. The company has strong APIs and encourages its traders to trade programmatically. They offer tech support to help traders integrate with their APIs and are the only exchange to do that currently.<\/p>\n

The team behind Delta Exchange has impressive backgrounds. The founders are wall-street veterans and have built successful technology businesses in the past. Their mentors include Prof. Bhagwan Chowdhry<\/strong> who is also an advisor to Stellar Lumens<\/strong>. Stani Kulechov<\/strong>, who is the founder and CEO of ETHLend<\/strong> is also on the advisory board of Delta Exchange.<\/p>\n

Trading Pairs \/ Contracts<\/u><\/strong><\/p>\n

Delta exchange offers future contracts on BTC, ETH, XLM, and XRP with up to 100x leverage. Currently, there are 2 types of contracts available on Delta Exchange<\/p>\n

    \n
  1. BTC Settled Contracts:
    \n<\/u><\/strong>These futures are settled & margined in BTC. BTC settled futures are available on Bitcoin & Stellar.<\/li>\n<\/ol>\n

    \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 BTC-USD:<\/strong> Quoted in USD | Settled & margined in BTC | 100x leverage
    \n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 XLM-USD:<\/strong> Quoted in BTC | Settled & margined in BTC |\u00a0\u00a0 20x leverage<\/p>\n

      \n
    1. USDC Settled Contracts (Quanto Futures):<\/u>
      \n<\/u><\/strong>These contracts are quoted in USD and settled in USDC. Trading them is like trading Cryptos against stablecoins but with leverage.<\/li>\n<\/ol>\n

      Futures contracts available on all exchanges require users to margin in BTC. This opens them to risk in the price of BTC. To solve this problem, the Delta Exchange introduced these contracts. Since these contracts are margined in stablecoin, traders don\u2019t have to worry about the change in bitcoin price affecting their margin and profits.<\/p>\n

      BTC\u2013USDQ:<\/strong> Quoted in USD | Settled & margined in USDC | 100x leverage
      \nETH\u2013USDQ:<\/strong> Quoted in USD | Settled & margined in USDC |\u00a0\u00a0 50x leverage
      \nXRP\u2013USDQ:<\/strong> Quoted in USD | Settled & margined in USDC |\u00a0\u00a0 50x leverage<\/p>\n

      \"\"
      Source: Delta Exchange<\/figcaption><\/figure>\n

      Delta Exchange – Trading Terminal<\/a><\/p>\n

      Note:<\/strong> In order to trade Quanto futures, you will need USDC. Users can convert BTC to USDC using \u2018currency converter\u2019<\/strong> on Delta exchange. The conversion rates are based on prices on Binance.<\/p>\n

      You can check out all the contracts listed on Delta exchange here<\/a>.<\/p>\n

      Signing up On Delta Exchange<\/u><\/strong><\/p>\n

      The sign-up process on Delta exchange is very easy. It takes less than 2 minutes to complete the sign-up. Simply open the Delta website (https:\/\/www.delta.exchange\/<\/a>); there you will find the \u201cRegister<\/strong>\u201d & \u201cSign In<\/strong>\u201d options in the header.<\/p>\n

      \"\"
      Source: Delta Exchange<\/figcaption><\/figure>\n

      Select \u201cRegister\u201d and add your name, email ID and password.<\/p>\n

      Once done, you will receive an email with a verification link to verify your account. You are required to verify your account by clicking on the verification link. Soon as you verify your account you are good to go. You can simply log in and start to trade.<\/p>\n

      Deposits\/Withdrawals On Delta Exchange<\/u><\/strong><\/p>\n

      Just as other crypto derivative exchanges, Delta Exchange also allows deposits and withdrawals only in Bitcoin. Once you have deposited BTC to your account you can convert them into other cryptocurrencies in order to trade different contracts.<\/p>\n

      Steps To Deposit \/ Withdraw BTC On Delta Exchange:<\/strong><\/p>\n