There’s no doubt that India has rapidly emerged as a major hub for crypto adoption, with a whole new wave of investors seeking advanced trading opportunities beyond traditional markets. As the global demand for crypto derivatives soars, platforms like Delta Exchange are ideally placed, providing the essential tools for Indian users to engage with these sophisticated instruments.
In this blog, we’ll review how Delta is performing among the top crypto exchanges for derivatives trading and how you can leverage its tools.
Why is Delta Exchange Recommended for Beginners?
For those new to the financial markets, the terminology and complexities of crypto derivatives can be daunting. Delta addresses this by creating an accessible and supportive environment. Here’s what stands out for novice traders on Delta:
- Simplified User Experience: Delta is designed with a clean, intuitive interface on both the web and the app, helping to reduce the often-steep learning curve associated with derivatives trading.
- Accessible Entry Point: Delta offers a solid starting point for those looking to trade Bitcoin or diversify beyond traditional assets, making the complex world of crypto derivatives less intimidating.
- Focus on Strategy, Not Complexity: Users can easily place strategic, short-term bets on market movements without the need to own the underlying crypto assets, allowing them to focus on trading strategy rather than platform mechanics.
- Supportive Environment: The platform’s structure and accessibility provide crucial support for newcomers, helping them build confidence as they venture into the crypto exchange derivatives market.
What Can You Trade on Delta Exchange?
1. Crypto Futures and Perpetual Contracts
These contracts let you trade the value of Bitcoin and altcoins, not the coins themselves. Futures have a set expiry date, while perpetuals do not. Delta Exchange allows you to leverage both tools for long or short positions
2. Crypto Options
With Delta Exchange, you get access to European-style options for Bitcoin and Ethereum. The availability of a wide spectrum of strike prices and expiry dates allows traders to precisely tailor their strategies to a specific market outlook and risk appetite.
3. Crypto Trackers
Trackers offer a non-leveraged contract designed to mirror the volatility of BTC and ETH. Unlike other derivatives, you cannot short trackers – you can only sell a previous purchase. This product provides a simplified method to trade, closely resembling spot trading but within the framework of a derivatives platform.
What are the Tools that Enhance Crypto Derivatives Trading?
Check out some of the pro trading features and tools offered by Delta Exchange:
- Automated Trading Bots: These can execute your crypto derivatives trading strategies 24/7 with automated bots. You probably want to test them first to watch out for any risks, but if they work well, they help maintain discipline by removing the element of emotional trading and ensures your market presence even when you’re offline.
- Advanced Strategy Builder: Construct and visualize complex strategies before committing capital. This strategy builder allows for the creation of multi-leg strategies and futures combinations, offering a clear projection of their potential performance across various price scenarios.
- Wide Range of Option Strikes: There’s access to a broad spectrum of options, including deep out-of-the-money (OTM) and in-the-money (ITM) strikes. With both daily and weekly expirations available, these can be ideal for traders executing precise hedging tactics or acting on strong market forecasts.
Integrated Risk Management Features
- Risk-Free Demo Account: Hone your crypto derivatives trading skills in a simulated environment. The demo account lets you experiment with strategies and get accustomed to the platform’s features using virtual funds, ensuring you are well-prepared for live markets without financial exposure.
- Predictive Payoff Charts: These charts map out potential profits, losses, and breakeven points for any strategy – from a single contract to intricate multi-leg positions – empowering you to make more informed, data-driven decisions.
To get started, you can sign up on www.delta.exchange using your email ID. After successful KYC, you can explore the crypto derivatives market, set orders, and deposit or withdraw funds in INR via UPI or bank transfer.
For ease, you can also register on the Delta Exchange app through your Android or iOS device.
The Bottomline
Delta Exchange is built to serve all trading styles, from casual BTC transactions to active futures and options strategies. Tools like trackers make it simple to respond to short-term market signals, enabling effective trading without needing a large financial commitment or complicated setups. Plus, you can also get access to a referral program that provides a passive income stream.
Disclaimer: Trading in cryptocurrencies involves inherent risks due to high market volatility. This article is intended for informational purposes only. It is essential to conduct your own research before making any investment decisions.