August 5, 2020

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How To Trade Bitcoin & Altcoin Derivatives Using Leverage on Delta Exchange

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Delta Exchange is a derivative cryptocurrency exchange that lets traders take positions on various contracts using the leverage of up to 100x. The exchange has been around since 2018 and has provided seamless, smooth trading to traders without any glitches or malfunctions.

There is no denying that leverage trading can be risky, but if applied correctly in the trading strategies, leverage can be quite fruitful. Leverage Trading is essentially, borrowing some money from another party to take an even bigger position. Through leverage trading, a trader can put up a minimal investment with maximum gains.

Leverage on Delta Exchange

At present, Delta Exchange has listed 19+ contracts on their platform and they keep wishing to add more as and when the demand and the volumes the coins increase. All of these contracts can be traded on leverage ranging from 20x to 100x leverage.

A trader can take long and short positions on the platform using leverage, a feature that is not provided by too many exchanges in the business. While listing contracts on the exchange is important, many platforms do not pay much heed on the volumes and liquidity. One major advantage of Delta Exchange is the continuous liquidity available on the platform. Traders have been able to take long and short positions on the contracts of their choice at the price of their preference because of the large volumes on the platform.

Position Leverage and Order Leverage on Delta Exchange

While everybody talks about leverage trading or bitcoin future trading, Delta Exchange also offers traders effective margin utilisation through Order Leverage and Position Leverage. By using Position Leverage and Order Leverage, a trader not only uses his margin effectively but also can take higher exposure in positions and orders.

Position Leverage – A trader on Delta Exchange has taken a short position using 10x leverage and the trade has worked in the trader’s favour. This has accumulated some unrealised profits in the trader’s account. The funds available in the trader’s account is now the margin put up by the trader and the unrealised profit. This portion of unrealised profit would reduce the effective leverage of the position and would also take the liquidation price further out. This is known as Position Leverage.

Order Leverage – Talking about the same short position the trader took in the above example, as the original leverage of the position has reduced due to the unrealised profits, the trader can now take a new position with higher leverage and bring back the average leverage back to 10x at a lower margin. *Assuming the new position is taken at the current price*

Click here to know Position Leverage and Order Leverage in-depth on Delta Exchange. Also has a crypto signals telegram.

How to create an account on Delta Exchange

Creating an account on Delta Exchange is quite relaxed and hassle-free. On logging on-to the website, –  https://www.delta.exchange/, the option of Get Started pops up. Once a user has clicked on that option, the sign-up window opens which require basic details such as name, email id, password and country. On filling these details, a verification email is sent to the user and as soon as the user has verified the email sent, the user can start trading. The process is as easy as that.

Is Delta Network a secure network?

Since its inception, Delta Exchange has not been a victim of any outside hacks or breakdowns. The funds deposited by the traders and their PnL has always been secure through their security measures. Delta Exchange has enterprise-grade security and stores crypto in multi-sig wallets. For additional security, withdrawals are processed only once a day with manual review. Just like other exchanges, Delta Exchange has a 2FA which ensures the details and funds of all the traders are safeguarded.

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