This article will focus on Delta Exchange, one of the impressive cryptocurrency trading platforms that offer various trading options, such as futures, perpetual contracts, and options.
At both novice and advanced levels, Delta Exchange protects and assists its users in a secure yet simple environment.
We will delve into its functionalities, advantages, and unique aspects that make it enjoyable for cryptocurrency lovers.
Introduction
Founded in 2018, Delta Exchange is a crypto derivatives exchange offering Futures, Perpetual Swaps, and Options on Bitcoin and over 50 Altcoins with up to 100x leverage.
Backed by some of the marquee investors & projects like CoinFund, Aave, and Kyber Network, Delta aims to deliver the best trading experience with its robust trading engine and a wide range of derivatives products.
Delta offers some of the most innovative derivative products, such as Calendar Spreads, Interest Rate Swaps, and Turbo options on Bitcoin.
Delta has the cheapest volatility and tightest spreads in the Options category with well-differentiated offerings like Straddles (MOVE), Call and Put Options, & Turbo Options on these underlying: BTC, ETH, LINK, LTC, XRP, BNB, & BCH.
Delta Exchange Profile
| Company Name | Delta |
| Categories | Cryptocurrency Exchanges |
| Website | https://www.delta.exchange |
| Year Founded | 2018 |
| Headquarters | Seychelles |
| Deposit Fee | Depends on Cryptocurrency |
| Withdraw Fee | Depends on Cryptocurrency, & For DETO holders its Free |
| Mobile Support | Yes |
| Supported Countries | United Kingdom, European Union, Canada, Australia, Germany and several more. |
How to Sign Up on Delta Exchange?
The process of registering on Delta Exchange is not quite complicated. Here are steps:
Visit the Delta Exchange Website: Navigate to the location where you can sign up for Delta Exchange.
Choose Your Sign-Up Method: Sign up using an email and a password or straight away through Google or Apple ID.
Fill in Your Details: You are required to fill in your particular email address and create a password. If you happen to use Google or Apple ID, this step can be omitted.
Verify Your Email: The last step requires you to check your registered email for mail sent to you with a verification link and to click on that link.
Complete KYC Verification: If it is necessary to satisfy one’s requirements, the doodle KYC (Know Your Customer) process can be done.
Deposit Funds: Since you have already set up an account, you are free to put money in this account in one Zaitsov, such as UPI, IMPS, or cryptocurrency.
Help us also know more about it through an instruction video.
Delta Exchange Fees
Delta Exchange Trading Fees
Most exchanges have what we call taking fees that they collect from the takers and maker fees collected from the makers.
The main alternative to this is to charge “flat” fees. Flat fees mean that an exchange assigns both taker and maker the same fee.
This exchange does not practice charging per interaction trading fees but flat fees instead by charging trade takers .05% in every trade and .02% in the case of trade makers.
In fact, it is the highest trading fee with regard to derivatives exchange bandwidth that they have come across with respect to contract trading.
The issue revealed a survey covering a large pool of reviewed trade fees that the average contracts trading fee charged to takers was 0.0591% and to makers 0.0215%.
Delta Exchange Withdrawal Fees
Yet another fee that one needs to keep in mind when deciding on which exchange to trade at would be the withdrawal fee.
Withdrawal fee norms are usually constant (not dependent on the number of cryptocurrency units taken out) and differ from one cryptocurrency to another.
The average withdrawal fee charged in the industry globally is roughly about 0.0006 BTC. In the case of Delta Exchange, one has to pay up to 0.0005 BTC while withdrawing one BTC.
Therefore, even though it’s important to mention that Delta Exchange does not charge any trading fees, the withdrawal fees ‘offered’ by Delta Exchange stand competitive.
Deposit Methods
Delta Exchange does not take any deposits of fiat currency. This means that the new cryptocurrency investors (i.e., the investors without any previous holdings of cryptocurrencies) can’t trade here.
You need an entry-level exchange in which you can purchase your first cryptocurrencies in the modern system, where such currency is available to be deposited.
Even so, the exchange bestows a 100% deposit bonus on individual deposits of cryptocurrencies as well! Now, that is a tremendous offer that is bound to gain a lot of new customers.
Which Coins Are Supported on Delta Exchange?
Delta Exchange offers customers the convenience of trading multiple cryptocurrencies according to their preferences and different staking requirements.
The major coins that can be traded are Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC). Besides, the platform carries known altcoins such as Solana (SOL), Ripple (XRP), Binance Coin (BNB), and Chainlink (LINK).
The platform has its-based coin named Delta Exchange Token (DETO), which allows its owner to participate in trades and win prizes.
This wide selection ensures that traders have ample options to diversify their portfolios and engage in different trading strategies.
How Many Types of Trading Options Available
Delta Exchange provides its users with the following types of trading options:
Perpetual Contracts: This type of contract is exactly like a futures contract but has no time limit on trading.
Futures Contracts: The legal agreements that allow the purchase or sale of an asset at a specific price on a stipulated date.
Options Trading: This means offering put options and call options for different currencies.
Spot Trading: Trading between two parties in a preferred currency at the ongoing rate.
Move Contracts: These are contracts that give traders the ability to speculate on how far the price is likely to move, regardless of the direction.
Is Delta Exchange Safe?
In general, Delta Exchange may be regarded as a safe platform, as it puts several security measures into practice so that any funds and data belonging to users would be safe.
These include two-factor authentication (2FA), storage of assets in cold storage to keep them safe from unauthorized access, and regular security auditing.
The platform goes even further by providing sophisticated risk management tools, such as stop-loss orders, which help its clients control their trade risks.
That said, every cryptocurrency exchange, Delta Exchange included, has its risks. Users should remain cautious and should practice personal security advisories like employing strong passwords and regularly checking their accounts.
Delta Exchange Features
Best Liquidity
The Options book has the tightest spread in the industry. For BTC & ETH, it is less than 2 BPS. They provide up to 100x leverage, and all contracts are settled in USDT, BTC, or ETH.
Lowest Fees
They have the lowest fee in the market for Options. 3.75 bps or 12.5% of options premium, whichever is lower.
Safe & Secure
Enterprise-grade multi-factor security for digital assets. All withdrawals are processed with manual review.
Delta Exchange Restricted Countries
Delta Exchange restricts its services to users from several countries. Here are the main restricted locations:
- United States of America (including Puerto Rico and the U.S. Virgin Islands)
- Afghanistan
- Iran
- North Korea
- Cambodia
- Crimea
- Cuba
- Canada
- Pakistan
- Syria
- St. Vincent & the Grenadines
- United Kingdom
Delta Exchange Android & IOS Mobile App
To ensure that their users never get bored in their free time, Delta Exchange has developed a friendly mobile app for both Android and IOS operating systems.
It has perpetual contracts, futures, and options trading, solving all trading objectives.
It also integrates trading in cryptocurrency with real-time charts and secure log-in through two-factor auth 2FA.
The system is very user-friendly because it allows the user to place trades, check positions, and handle trades from any location.
And, if you face any issues in the usage of an application or service, you can contact customer support, which provides assistance to novice as well as seasoned traders in whatever pre-determined application they have selected.
Security & Safety of Delta Exchange
This invitation to the trading platform provides the most complex protection strategies that have been put within the platform.
Since its launch, this platform has never been subjected to a cyber attack, which gives its clients a sense of security.
Organizations that provide exchange include an additional security measure known as two-factor authentication, which many online sites can use.
It also provides its customers active and commercial level firewalls, safeness in transactions, and encryption.
Furthermore, it has advanced protection and keeps the cryptocurrencies in strong multi-signature wallets.
Customer Support of Delta Exchange
Delta has put forward some customer care options that clientele can use. One of the most effective ways to do this is by chatting with the platform representative through an option that is available to users.
Whole lets the user compose an email and send it to Delta’s customer support team if, for some reason, a question remains unanswered.
It also provides user guide FAQs and a large support centre for users so that problems that they may be facing don’t last.
Delta Exchange Alternative Exchanges
Binance
Providing traders with different forms of Cryptocurrency, derivatives, and new advanced trading tools, it is one of the most popular global exchanges.
By bit
A widely used trading platform that provides margin and derivatives with a simple user interface and low costs.
BitMEX
This site focuses on trading cryptocurrency leveraging by offering futures and perpetual contracts.
Kraken
A trustworthy exchange that provides a spot, future, and margin trading platform backed up by robust security.
Conclusion
To summarize, Delta Exchange is an ideal platform for cryptocurrency traders who want additional opportunities and products, as the platform is very flexible.
The platform has almost all possible tools for its users, including futures, options, and even perpetual contracts; hence, it is appropriate for both new traders and advanced traders.
Addictive features such as more secure trading, informative and easy-to-access mobile applications, and help desk assistance lift the trading experience a notch.
Delta Exchange is a perfect platform as it offers ideal management of one’s profits as well as services that help reduce losses emanating from cryptocurrency trading.
