If you've been keeping an eye on the cryptocurrency market, you know how volatile it can be. In this backdrop, as any seasoned trader knows - crypto derivatives are essential for anyone serious about managing risk and maximizing their trading strategies. In fact, over 70% of all crypto trading volume comes from these instruments.
Delta Exchange is a pioneer in this space, being the first platform in India to offer options and futures trading on Bitcoin (BTC) and Ethereum (ETH). By providing INR settlements, Delta Exchange simplifies the trading process for Indian crypto traders.
Delta Exchange settles your trades in Indian Rupees (INR), simplifying the entire trading experience and offering tax advantages for traders. Here’s how:
When you trade or sell cryptocurrencies for a profit, the tax rate is 30% on your gains, with an additional 4% cess applicable to everyone—from individual investors to companies and trusts. However, on Delta Exchange, you don't handle crypto directly; your balances and unrealized profits remain in INR. This setup allows you to avoid the usual 1% TDS and the flat 30% tax on profits associated with cryptocurrency transactions.
Unlike standard crypto trading, where losses cannot be offset, Delta allows the offsetting of losses against gains, providing greater flexibility in tax calculations.
Moreover, the ability to settle trades in INR facilitates seamless deposits and withdrawals in the local currency, making it easier for Indian crypto traders to participate without needing to hold stablecoins or other crypto tokens.
By eliminating the need to hold digital assets, Delta Exchange simplifies the process, making crypto trading more approachable for everyone.
Not allowing crypto deposits or withdrawals means traders do not have to worry about crypto custody and the risks associated with storing digital assets. This feature is especially appealing for those who want to engage with crypto derivatives without managing wallets or the risk of losing access to their funds.
Other Features of Delta Exchange India
Delta India has been a top choice for crypto traders, particularly in India. Here’s what makes Delta India special:
1. 24/7 Trading Without Gap Risks
Cryptocurrency markets operate round-the-clock, offering around 50% more trading days compared to traditional markets.
Delta India leverages this 24/7 operation to eliminate overnight gap risks, allowing traders to place precise stop-loss orders and ensuring continuous margining.
2. First in India for Crypto Options Trading
Delta Exchange is a pioneer in India, being the first platform to offer crypto options for major assets like Bitcoin (BTC) and Ethereum (ETH).
With daily, weekly, and monthly expiries, traders get flexibility in strategies, alongside lower premiums compared to traditional finance options.
3. Innovative Strategies and Advanced Trading Tools
Delta provides traders advanced trading strategies, like using the supertrend indicator to sell at-the-money puts and calls.
Plus, it offers algorithmic trading support, robust APIs, and in-depth analytics, including open interest and volatility data, tailored for seasoned traders looking for that extra edge.
4. Regulatory Compliance
When it comes to regulatory compliance, Delta India ticks all the boxes.
It's fully registered with India's Financial Intelligence Unit (FIU) and follows all KYC and AML guidelines. This helps create a secure and transparent trading environment.
5. Rapid Growth and Backing by Industry Giants
Delta’s platform in India has seen rapid growth, quickly hitting 100,000 users just two months after its beta launch, with daily trading volumes soaring to $700 million at its peak. With backing from major players like CoinFund and Aave, Delta has positioned itself as a trusted brand in the crypto space.
With over 100 million people actively trading cryptocurrencies, India has outpaced major players like the US and Russia. Part of the reason why crypto trading is picking up is because of how even by investing small amounts, you can see an exponential growth in your investments. The potential to turn ₹2 lakh into ₹20 lakh seems like a fantasy in traditional markets but it's a real possibility in the crypto landscape.
With such enticing opportunities and a community that’s rapidly growing, now is the time to consider jumping into the crypto market. It’s not just about trading; it’s about seizing the moment and being part of a financial revolution happening right in your backyard.
Visit Delta Exchange India to stay updated on crypto related news, events. Also, follow Delta India on X and Instagram.
To begin your journey of crypto trading, you can download the app from the Google Play Store and the Apple Store.
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