Delta Exchange
Comisiones de intercambio
Métodos de depósito
Delta Exchange Review
What is Delta Exchange?
Delta Exchange is an exchange from Saint Vincent and Grenadines. The main operations of this exchange is to offer bitcoin and altcoin futures. With up to 100x leverage. It currently offers futures trading on Bitcoin, Ethereum, Ripple and Stellar lumens.
Team
The team behind the exchange is a team of experienced finance pros with prior experience of working in premier wall street firms such as UBS and Citi.
Delta Exchange Advantages
The exchange promotes four specific factors as great things with this exchange. First, they offer leveraged products (see more on this under Leveraged Trading below). Second, it has reliable liquidity. Third, it is safe and secure. And fourth, it also has advanced APIs. Reliable liquidity and security are naturally wonderful factors for every prospective user of the platform. Leveraged trading and advanced APIs are more important to the experienced traders.
Delta Exchange Trading View
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. The below is a picture of the trading view at Delta Exchange:
Leveraged Trading
A word of caution might be useful for someone contemplating leveraged trading. Leveraged trading can lead to massive returns but – on the contrary – also to equally massive losses.
For instance, let’s say that you have 10,000 USD on your trading account and bet 100 USD on BTC going long (i.e., increasing in value). You do so with 100x leverage. If BTC then increases in value with 10%, if you had only bet 100 USD, you would have earned 10 USD. As you bet 100 USD with 100x leverage, you have instead earned an additional 1,000 USD (990 USD more than if you had not leveraged your deal). On the other hand, if BTC decreases in value with 10%, you have lost 1,000 USD (990 USD more than if you had not leveraged your deal). So, as you might imagine, there is potential for huge upside but also for huge downside.
MOVE Options
On 5 March 2020, Delta Exchange informed in an email to its users that they had launched MOVE Options. This is a very interesting product. MOVE Options let you speculate on the size of BTC / ETH movements instead of the direction of the movement. If you expect a big movement, the you should go long MOVE. If you expect a small movement, then you should go short MOVE. The platform has two MOVE Options: (i) Daily MOVE: Price captures expected movement in BTC/ETH price in 1 Day, and (ii) Weekly MOVE: Price captures expected movement in BTC/ETH price in 1 Week.
Delta Exchange Stablecoin-settled Futures Contracts
US-investors
Unfortunately for US-investors, they can’t trade at Delta Exchange. The reason for this is likely due to the legal uncertainty surrounding cryptocurrency companies in the US. This might very well change in the future. If you need to find an exchange accepting deposits from US-investors, you can do so by using our Exchange Finder.
Delta Exchange Fees
Delta Exchange Trading fees
Many exchanges charge what we call taker fees, from the takers, and what we call maker fees, from the makers. The main alternative to this is to simply charge “flat” fees. Flat fees mean that the exchange charges the taker and the maker the same fee.
This exchange charges flat trading fees: 0.05% per trade from takers and 0.02% from makers. This is actually the highest trading fee we have found with respect to derivatives exchanges focusing on contracts trading. The industry averages according to the largest study ever performed on the subject for the third quarter of 2021, showed that the industry average contracts trading fee for takers was 0.0591% and for makers 0.0215%. In comparison, Delta Exchange's fee is slightly lower than the average fee rate.
Delta Exchange Withdrawal fees
Another fee to consider before choosing which exchange to trade at is the withdrawal fee. The withdrawal fee is usually fixed (regardless of the amount of the cryptocurrency units withdrawn), and varies from cryptocurrency to cryptocurrency.
The global industry average BTC-withdrawal fee is approx. 0.0006 BTC. At Delta Exchange, they charge 0.0005 BTC per BTC-withdrawal. Accordingly, with respect to withdrawal fees (but not trading fees), Delta Exchange's offering is competitive.
Deposit Methods
Delta Exchange does not accept 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. In order to purchase your first cryptocurrencies, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency. Find one by using our Exchange Finder!
However, the exchange gives a 100% deposit bonus on deposits of cryptocurrencies! This is an amazing offer that will surely attract loads of new customers.