Bitmex and Derbit have been amongst the most dominant players in the crypto derivatives world for quite some time now. A mere cursory glance on some factual statistics and numbers will clearly tell about the unwavering sway that these two platforms hold in the crypto derivatives world. For instance, recently Bitmex reportedly clocked whopping $1 trillion in trading volumes on its platform, a fact that unmistakably demonstrates platform’s immense popularity among crypto investors. However, it would still be premature to attach the tag of invincibility on these two platforms, especially when the rise of several emerging platforms has left them quite vulnerable. But probably no competitor has made Bitmex and Derbit feel more vulnerable in recent times than Delta Exchange.
Delta Exchange’s phenomenal rise has come as a major shot in the arm for crypto investors, who for too long were vying for a platform that could overcome the mediocrity plaguing the crypto investment world. Experts claim that this mediocrity has become more palpable as sense of complacency has set in the incumbent leaders and Delta’s rise therefore spells a lot of good news for the industry.
This rapidly rising platform was founded in 2018 with an aim to allow traders to buy and sell derivative contracts for leading cryptocurrencies. It essentially enables investors to trade in popular derivative instruments like Ethereum futures contract and perpetual contracts.
Delta Exchange is easily amongst the most liquid derivative exchange in the world and therefore traders easily stand the advantage of enjoying features like leverage trading and the unparalleled freedom to take long or short positions on their investments. Delta Exchange offers deep and reliable liquidity, maintaining liquidity 24/7 and 365 days amid all market conditions.
Delta has also caused great sense of panic among all its rivals with its investor friendly approach, as a result this platform has made ‘ease of trade’ indeed a reality. In other words, you don’t necessarily have to be an expert or experienced for trading on this platform. Even your lack of hands down knowledge on basic concepts like leverage trading and perpetual swaps won’t pose a major hindrance in your trading activities. Firstly, Delta’s main trading terminal is so simple and uncluttered that it can easily calm the frayed nerves of even relatively inexperienced investors. But the real standout feature is the mock trading feature, which works just like the real one and therefore lets inexperienced investors to get acquainted with trading different derivative contracts for bitcoin and altcoins.
This mock trading feature is a standout feature mainly because very few platforms are offering such a feature, which again shows just how seriously Delta takes its investor friendly philosophy. It is equally heartening to see that Delta’s official website has few helpful sections that further helps in resolving several queries of new investors. For instance, the platform has FAQ section and also a dedicated blog section that offers deep insight on various issues in a very simple language.
Mock trading, by the way, is not the only unique feature that Delta has in its kitty. Its another standout and exceptionally unique feature is the Stablecoin or USDC settled futures, protecting investors from the volatile prices of Bitcoin. Delta Exchange was among the first platform to launch the world’s first stablecoin-settled futures and by doing so it has protected crypto investors from extreme price volatility. It must be noted that USDC are pegged to the value of US Dollars, and hence are subjected to less price volatility.
Moving to risk and security management then Delta Exchange’s safety & security is strictly in adherence to the international standards. This is not to say that other platforms don’t but again Delta’s uncompromising attitude towards safety & security makes it standout amongst all its competitors. The platform basically saves all the bitcoins and altcoins in multi-sig wallets, which stands for multi signature wallets and is a well-designed feature that is capable of protecting all your investments.
Lastly, Delta’s relatively lower fees is equally causing immense panic among the likes of Bitmex and Deribit. Its trading fees are easily amongst the lowest and also the most transparent in the entire industry. The platform also offers highly attractive rebates and volume based discounts, which are again best amongst the entire industry. Some other important things to note are that Delta does not charge deposit fees and investors can only deposit in bitcoin or BTC. BTC deposits are reflected in the account after a minimum of 2 confirmations. To know more about Delta’s trading fees, please click here.
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Author: 99 Tech Post
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