India’s crypto scene is exploding and we’re seeing a ton of new investors who want to do more than just basic trading. Beyond the straightforward buying and selling of tokens, crypto derivatives – particularly options trading – have gained considerable popularity.
Why the buzz? Simple. They give traders more ways to play the market and, most importantly, help them manage the risk that comes with crypto’s price swings. Crypto exchange like Delta Exchange make it easy for people to access these more complex trading tools.
A crypto option is a contract that gives the buyer the right, but not the obligation, to buy or sell a cryptocurrency at a predetermined price on or before a specific date. This provides traders with a way to speculate on future price movements or to hedge their existing crypto holdings against potential losses. There are two types – calls, which allow buying, and puts, which allow selling.
Delta Exchange offers European-style options for Bitcoin (BTC) and Ethereum (ETH), which can be exercised only at their expiration. The platform provides a wide variety of strike prices and expiry dates, catering to a diverse range of trading strategies and market outlooks. This flexibility is crucial in the dynamic and often volatile crypto market.
Jumping into crypto derivatives can feel overwhelming with all the jargon and complex charts. Here’s how Delta makes it easier for you:
Check out some of the pro trading features and tools offered by Delta Exchange:
To get started, you can sign up on 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.
Crypto options, particularly calls and puts, are powerful instruments that go beyond simple speculation. The key lies in familiarising yourself with trading strategies and understanding how Delta Exchange works – offering the right platform to test and refine them. 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.
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