Delta Exchange Review
Delta Exchange is a centralized exchange that occupies #143 on Guru InvestingExchange Tracker. Delta Exchange has trading volume US$530,229 in the last 24 hours and US$286,909,333 in the last 7 days.
Delta Exchange currently has 41 cryptocurrencies, 0 paper currencies and 47 markets (cryptocurrency trading pairs). The most popular trading pair on Delta Exchange is USDC/USDT.
Compare Delta Exchange next to other exchanges here: Exchange comparison tool.
Delta crypto exchange (stylized as Delta Exchange) is a centralized platform (CEX) for trading digital assets. First of all, he is famous derivatives markets. However, the platform also offers spot trading, swap and investment.
The platform is KYC compliant and requires identity verification to access financial services. Users from a number of countries, including Cambodia, Iran and the United States, as well as from the provinces of Ontario and Quebec in Canada, cannot use the Delta cryptocurrency exchange. It is available on desktop and mobile devices.
Markets
Delta was designed as a derivatives market focused on futures contracts. Delta’s standard spot exchange market is also available. The main types of derivatives are futures, options, swaps, perpetual swaps and contracts for difference (CFDs).
Across all markets, clients can trade over 100 digital assets. Although only crypto assets can be traded, they include stablecoins such as Tether (USDT) And US Dollar Coin (USDC). More than 80 trading pairs on the Delta exchange are available.
Like many similar services, the platform has its own token – Delta Exchange Token (DETO). This is a utility and bonus token that can be used to reduce some of the fees on the platform. Using the value of Delta cryptocurrency as collateral is also in the works.
In 2020, the Delta cryptocurrency exchange introduced MOVE Options Trading for speculation on volatility. Traders can choose between daily and weekly contracts. There are four MOVE products in total:
- BTC (day validity)
- BTC (valid weekly)
- ETH (day validity)
- ETH (valid weekly)
Options without MOVE include XRP, SOL, BNBAnd LINK contracts along with BTC and ETH. Users can set preferred strategies manually or use trading bots for automatic start. Available strategies include pulse, arbitrationAnd automated market maker (AMM).
Margin trading with 3x and 5x leverage. available. Futures traders are entitled to leverage of up to 100x.. Apart from cryptocurrencies, other assets and features such as DeFi Index Futures, Calendar Spread Contracts, and Interest Rate Swaps, available. Perpetual contracts are the most popular service for futures traders.
Traders who conduct large-scale transactions can access over-the-counter (OTC) trading services. This feature is only available to traders of derivatives, especially perpetual contracts. OTC traders can request custom quotes.
False trade it is an environment in which possible scenarios in derivatives markets are modeled. Users can select assets to trade and test potential strategies based on market performance. This is a beginner-friendly tool because it allows you to trade without the risk of losing your personal assets.
Cryptocurrency fees on the Delta exchange may vary depending on the market and type of futures. In addition to maker-taker bets, futures and options traders are also required to pay settlement fees. In some cases, traders may be eligible to receive a discount.
For spot traders, Delta’s exchange fee is set at 0.05% and no settlement payment is required. All option commissions are fixed at 0.03%. For futures traders, the rate depends on the selected contract:
- Inverse futures – 0.02% maker, 0.05% taker and settlement;
- Linear USDT futures – 0.02% maker, 0.05% taker and settlement;
- Futures ALT-BTC – 0.1% maker, taker and settlement.
Commission discounts depend on the client’s trading volume on the Delta exchange. VIP members can receive up to 60% discount on their commissions. To qualify for the VIP program, users must have a minimum of 100,000 DETO or maintain a volume of at least $50 million.
All deposits are free, and the minimum required cryptocurrency price on the Delta exchange is not specific. The withdrawal fee and minimum amount depend on the selected asset. However, users with a minimum of 5,000 DETO will not be charged any withdrawal fees.
other services
In addition to the Delta crypto exchange, users can access other financial and technology services, including staking tools and APIs.
DETO token can be used for staking and liquidity mining. Users can place their assets in an available liquidity pool to earn passive income at a fixed rate. Profits are unlocked every 90 days, and staked assets can be withdrawn at any time.
Delta Invest is a platform that offers a wider selection of liquidity pools using BTC, USDT and ETH. The rate of return may differ depending on the selected liquidity pool. Interest is distributed daily. To participate in the investment program, users must have a verified Delta Exchange cryptocurrency exchange account.
Developers can access Delta API documentation. By accessing API tools, users can obtain real-time Delta Exchange volume and asset information, place orders, and use pagination options.
About company
Founded the Delta cryptocurrency exchange Pankaj Balani, Jitender Tokas and Saurabh Goyal in 2017 and was officially launched the following year. Although the team was originally based in Singapore, it is now registered in St. Vincent and the Grenadines.
In September 2020, the company announced that first exchange to list put and call option contracts, settled in USDT. Contracts have three types of maturities: daily, weekly and monthly. Initial contracts included BTC, ETH, LINK and BNB.
Most of the exchange’s clients are based in South and Southeast Asia, and the Indian derivatives market has been a major area of growth for the company. In 2021, it was reported that the estimated trading volume on the Delta exchange was $2 million.
In March 2021, a private sale of the DETO token raised $5 million, with funds coming from investors such as CoinFund and Aave Ventures. Around the time of the sale, the platform also launched liquidity mining and trade farming services.
In June 2021, the platform began offering interest rate swaps. The earliest available Delta exchange trading pairs for this service included USDC and DAI, and lending rates offered leverage of up to 50x.
In 2022, Balani stated that Delta’s average daily options trading volume was over $200 million.and this number is expected to increase in the long term.
Pankaj Balani is the CEO of crypto exchange Delta. Before launching his own cryptocurrency exchange, Balani was a derivatives trader at Union Bank of Switzerland. He co-developed the e-commerce project Purplle in India and co-founded the chatbot technology product ZippyBots.
Jitender Tokas is the company’s executive chef. He received an MBA in Finance and Strategy from the Indian School of Business. Tokas was a senior associate at fintech company Citigroup. He co-founded ZippyBots with Balani.
Saurabh Goyal is the CTO of Delta Exchange. He was directly involved in the development of the platform. Before joining the founding team of Delta Exchange, Goyal co-founded the food ordering app TinyOwl. He was also one of the founders of Housing.com, an Indian real estate portal.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
