Hey All,
A close friend of mine approached me and was asking if I have know about this exchange which goes by the name - Delta Exchange. I was very frank to him and said sorry this is something new to me and I dont trade in F&O [Future & Options] crypto. A little bit of google search this is what I got about this crypto exchange which is a centralized crypto derivatives platform specializing in futures, perpetual swaps, options, and even interest rate swaps on Bitcoin, Ethereum, and 50 to 100+ other altcoins. IN more simple terms it is a derivatives trading platform that offers features like futures, options, and leveraged trading for virtual digital assets. Trading happens 24/7 open markets, efficient margining and most important of all there is INR settlement. I thought to give it a try and see what is in there to explore. The KYC [Know Your Client] verification process was very and within 5 minutes I was able to get my account verified along with that I was able to deposit some money via the UPI method. And here is the screen that I got that said - "First Deposit Sucessful" & wait there is a WELCOME OFFER as well...
Incase you are in INDIA and want to explore Delta Exchange then here is My Referra Link to get you started. While exploring the exchange the other thing that I like about is the High leverage (up to 100×), tight spreads, advanced analytics, demo mode. There is alot in there and if you are a F&O crypto trader then I guess this is definately you should be exploring. As for myself I did try my luck on and based on my friends advice I made some positions for #BTC on both the sides i.e. Put and Call for the 05th September expiry. Here is my position that currently is giving me like a dollar profit but I still have time to square off my postions until 5th September, 2025.
I am not doing anything here as I said I made these postions on my friends request. Just to see how it works and if there is some money to be made when a postion is made on both the sides. He also showed me this position analysis chart; here it is::
If you see the maximum profit here to me made is $217+ but then #BTC should be in my range bond limits which is should be around $115K. To be frank I didnt understand much and I am going with the flow based on my friends suggestion. No one is to be blamed here. In crypto, we all know the golden rule — “Invest only what you can afford to lose.”. Ok I guess this should be it for todays post - "Exploring Delta Exchange - Future & Options Crypto Exchange..." Happy Investing in Crypto.... Cheers
Exploring Delta Exchange - Future & Options Crypto Exchange...
Have Your Say on Delta Exchange....
Did you hear about #Delta Exchange? Do you trade in Future & Options #Crypto... Any other alternative to Delta Exchange?
#delta #exchange #deltaexchange #crypto #btc #eth #option #futures #trading #futureoptions
Best Regards
Paras
Image Courtesy:: delta exchange, pro canva license,
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects.