As the crypto market regains volatility, traders are again looking for platforms to trade derivatives in order to hedge their risks. Bitmex still largely leads the crypto derivative market but a new derivative exchange, Delta Exchange is slowly catching up and getting good response from users.
Delta offers full transparency and a strong support. Delta exchange team is also working on innovative solutions like automated trading strategies so that traders can trade 24X7 without actually writing any code.
Delta Exchange – Introduction
Delta Exchange is a derivative exchange for trading crypto futures. Delta offers BTC, ETH, XRP and XLM futures and allows upto 100x leverage. Delta exchange team is also working towards making perpetual swaps live on the platform shortly.
The founding team of Delta is very strong and is mentored by industry veterans like Prof. Bhagwan Chowdhry, advisor to Stellar Lumens.
Supported Trading Pairs:
At the time of writing this article, delta exchange offers these 4 trading pairs namely, BTC-USD futures, ETH-USD futures, XLM-BTC futures and XRP-USD futures. The team says that perpetual swaps are in pipeline and will be launched shortly.
BTC-USD Futures: Quoted in USD and margined in BTC
ETH-USD Futures: Quoted in USD and margined in ETH
XRP-USD Futures: Quoted in USD and margined in XRP
XLM-BTC Futures: Quoted in BTC and margined in BTC
The table below describes the fee structure at Delta Exchange.
Sign Up Process:
The sign-up process at delta is very simple. You can sign up easily using your name and email address. Follow this link for Sign-up. Once you sign-up, you need to verify your email to start trading.
Use this link to get 15% discount on trading fees for 6 months on Delta Exchange.
Once you sign-up, you can start trading on Delta Exchange. Delta exchange allows only BTC deposits and withdrawals. Login and deposit BTC to your Delta wallet and start trading.
Mock Trading Terminal
One of the unique features of Delta Exchange is their trading terminal. If you are new to margin trading then we would recommend you to try the mock trading terminal of Delta Exchange to get acquainted with margin trading.
Delta offers by far the best referral program among all the crypto exchanges. The referrer gets 25% for 1 year and 10% for lifetime on commissions of all his referrals while the referee gets 15% discount on trading fees for 6 months.
You can find more information about the referral program by following this link Delta referral program.
Delta exchange looks a promising project and is growing in popularity. The customer support is really good and the fee structures are lower than any other competitor.
We believe Delta exchange is something to watch out for and has all the potential to become a strong competitor to Bitmex. We would love to hear your thoughts on the same.