hedgewithcryptohedgewithcrypto
AboutContact

    Delta Exchange Review 2022: Features, Pros & Cons

    Updated: Dec 1st, 2022
    Kevin Groves
    Kevin Groves
    Delta Exchange Review 2022: Features, Pros & Cons

    One of the most prominent and top cryptocurrency leverage trading platforms is Delta Exchange. The exchange offers a safe and reliable environment for speculating on Bitcoin, Ethereum and 100 altcoins.

    While newcomers can learn how to trade crypto on the demo platform, Delta Exchange is geared towards experienced investors that can fully utilize the platform's features, offered markets and advanced trading platform.

    This review will break down Delta Exchange’s most prominent and desirable features, available futures and markets, applicable fees trading, security measures and more. The assessment will involve the processes through which a user would create an account with Delta Exchange, verify an account, invest in the platform's native token, trade derivatives contracts and use the mobile app.

    Delta Exchange
    Trading Fees:0.05% / 0.02%
    Country:Global (USA not allowed)
    Currency:BTC, ETH, USDT
    Promotion:None available at this time
    Key Features
    • Well-established cryptocurrency platform that offers futures, options and perpetual swaps
    • Supports over 100 crypto assets that can be traded long or short
    • High leverage trading up to 100x using BTC, ETH and USDT as collateral
    • Competitive trading fees in the market of 0.05% and 0.02% for maker and taker orders
    • Liquidity farming and staking pools to earn rewards
    • Institutional-grade security measures to protect assets

    Delta Exchange is a global cryptocurrency derivatives exchange that provides a stable and secure platform. With access to 24/7 markets to long or short over 100 digital assets using a sophisticated and easy-to-use trading terminal, Delta Exchange is geared towards retail and institutional traders.

    Additional features on the platform include liquidity farming and staking crypto assets to earn additional rewards. Powered by the DETO token, users on the platform can pay for their trading fees with the token or margin for a trading position.

    Ease of useStarStarStarStarEmpty Star
    ReputationStarStarStarStarEmpty Star
    Deposit methodsStarStarStarEmpty StarEmpty Star
    FeesStarStarStarStarEmpty Star

    This post contains affiliate links with our partners who may compensate us. Read our disclaimer for further information.

    What Is Delta Exchange?

    Delta Exchange is a cryptocurrency exchange platform, headquartered in Kingstown, St. Vincent and originally founded in 2018. Delta Exchange offers a well-balanced platform for experienced and learning crypto investors alike, giving new users a safe place to practice with demo investments before diving into the real thing. Moreover, Delta Exchange is one of the safest and most reliable places to maximize a cryptocurrency portfolio for experienced traders or hedge by shorting Bitcoin, Ethereum or over 100 altcoins and DeFi tokens.

    Delta Exchange websiteDelta Exchange websiteDelta Exchange website.

    Quick Overview

    Delta Exchange is a cryptocurrency derivatives trading platform that is available in select countries including Canada, the UK, the EU, Germany and Australia. The trading platform is used to speculate on futures and perpetual swaps on more than 100 other digital currencies. Delta Exchange is also one of the best crypto options platforms with BTC, ETH, SOL, BNB, XRP, and LINK contracts available.

    The Delta Exchange platform is rapidly growing, surpassing $400 million in daily volume. It is an ideal platform for beginners and professional traders with its easy-to-use, modern and advanced trading terminal that is available on Android and iOS devices. Delta Exchange offers a native token, DETO, that provides benefits such as reducing transaction fees for users with a sufficient holding of DETO in their portfolios.

    Exchange NameDelta Exchange
    MarketsFutures, options and interest rate swaps
    Trading Pairs100+
    Fiat GatewayNo
    LeverageUp to 100x
    Trading Fees0.05% / 0.02%
    TP/SL OrdersYes
    Mobile AppYes (Android & iOS)

    What Are The Pros & Cons?

    Top crypto trading platforms have certain advantages and disadvantages that can be compared to their competitors. Delta Exchange's advantages are its simple and powerful trading platform, high leverage up to 100x margin, a large selection of crypto trading pairs and live customer support with a real person. There is also a spot exchange to swap between cryptocurrencies.

    The main disadvantage with Delta Exchange is the mediocre liquidity compared to the well-known exchanges such as Binance Futures, OKX, FTX and Bybit. At the time of writing, Delta Exchange is ranked 23rd for its 24-hour trading volume, which is well short of FTX and Bybit which are within the top 10 derivative exchanges according to Coinmarketcap. The trading volume on the spot exchange is very poor with over 100,000 trading within the last 24-hours.

    Moreover, Delta Exchange does not support any fiat currencies or provide a fiat-to-crypto gateway to buy crypto directly with cash. Therefore, all users must have purchased crypto and transferred from another platform to begin trading which is not ideal for beginners.

    Delta Exchange Pros:
    • Reliable and stable derivatives trading platform established in 2018
    • Trade futures, options and interest rate swaps on a single unified platform
    • Long or short Bitcoin, Ethereum and 100 other crypto assets and tokens
    • Trade with up to 100x leverage
    • Secure asset custody solutions by BitGo
    Delta Exchange Cons:
    • No support for fiat deposits or the ability to buy crypto with cash
    • Derivatives trading volume and liquidity is average
    • Spot trading volume on the exchange is poor
    • Does not offer trading fee rebates and has a 0.5% settlement charge
    • Limited number of staking pools are available

    Is Delta Exchange Safe?

    Delta Exchange implements 'bank-like' security measures to protect customer funds on the platform. The security features include multi-sig wallets managed by reputable custody providers BitGo and Curv with manual withdrawal review processes. All accounts are enabled with Two Factor Authentication (2FA) to ensure no unauthorized access. To date, Delta Exchange has not been breached or hacked which is a good sign of a safe trading platform.

    Top Features on Delta Exchange

    Simple & Safe Platform

    Delta Exchange’s intuitive and easy-to-navigate trading interface allows users to find what they need quickly and react to the volatility of the cryptocurrency market in real-time. All of this can be done within the same account, with no need to juggle multiple passwords and log-ins to trade on the spot or futures markets. Along with the simplicity that the Delta Exchange platform offers, it is a secure trading environment with robust security measures.

    Delta Exchange trading user interfaceDelta Exchange trading user interfaceDelta Exchange trading user interface.

    High Leverage Trading

    With one account, Delta Exchange offers the ability to trade futures, options, and interest rate swaps on a multitude of currencies with up to 100x leverage. Delta Exchange allows users to diversify and hedge their bets through different avenues of investment. Rather than buying certain amounts of currencies outright, Delta Exchange allows users to go long or short Bitcoin and other altcoins to adjust a portfolio according to market conditions.

    Related: Best crypto portfolio tracks to use.

    Native Token Investment Rewards

    Delta Exchange offers increased benefits for investors who support their native token, DETO. By making transactions with Delta Exchange, users can be rewarded with DETO. Accounts with sufficient DETO can unlock unlimited withdrawals with zero fees.

    Mock Trading

    One of the most helpful features for new investors and those who seek to learn more about cryptocurrency investing without incurring large risks is Delta Exchange’s mock trading system. This portion of the platform is completely free to use, as no real investments can be made, and no real losses can occur.

    The system tracks a fake trading account which gives new investors hands-on experience and the ability to learn without throwing good money after bad. After adequate practice using the Bitcoin demo trading account, users can deposit funds and trade with greater comfort and certainty having experienced the available trading features and risk management tools. The testnet does not provide the exact trading experience with live prices and volume as the real platform which is a disadvantage.

    Earn Staking Rewards

    Delta Exchange offers staking pools for its users to delegate deposited funds on the platform to a specific blockchain network to earn staking rewards. There are certain incentives and rewards for doing this, along with inherent staking risks and potential losses that can be incurred. The supported coins that can be staked on Delta Exchange are Bitcoin, Ethereum, USDT and DETO tokens. The estimated pay-outs range between 3% to 16% APY.

    Staking PoolEstimated Return
    Bitcoin (BTC)3% APY
    ETH (ETH)4% APY
    Tether (USDT)15% APY
    DETO16% APY

    The rewards for delegating funds to the staking pool are paid out daily. As the mechanism behind the staking process is with the cryptocurrency blockchain network, users are guaranteed their pay-outs even if Delta Exchange or the markets are down. Funds are locked in the staking pool and cannot be used for trading purposes unless redeemed (processed within the hour).

    The benefit of this feature on Delta Exchange is that it allows traders to earn profit while waiting for a potential trading opportunity to arise. Although, the number of supported staking pools is quite limited and should be expanded to compete with the top crypto staking exchanges.

    Delta Exchange staking poolsDelta Exchange staking poolsDelta Exchange staking pools for users to earn passive rewards.

    Delta Exchange Compared

    A simple user interface, an array of opportunities to diversify, and a place for new investors to learn about cryptocurrency and grow their skills are all features that Delta Exchange places a high value on. This table compares Delta Exchange’s major draws to other popular cryptocurrency margin platforms.

    ExchangeCrypto AssetsTrading FeesRatingPromotionWebsiteReview
    FTX

    FTX

    3190.02% / 0.07%
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4.3/5
    StarStarStarStarEmpty Star
    5% off trading feesVisit FTXFTX Review
    Bybit Logo

    Bybit

    810.06% / 0.01% (leverage), 0.1% (spot)
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4.8/5
    StarStarStarStarEmpty Star
    Deposit bonus up to $30,000Visit BybitBybit Review
    binance futures

    Binance Futures

    100+0.02% / 0.04%
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4.6/5
    StarStarStarStarEmpty Star
    Up to $100 welcome bonusVisit Binance Fu...Binance Futures Review
    delta exchange

    Delta Exchange

    100+0.05% / 0.02%
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4/5
    StarStarStarStarEmpty Star
    None available at this timeVisit Delta Exch...Delta Exchange Review

    Is Delta Exchange Regulated?

    Delta Exchange is an unregulated cryptocurrency trading platform that is headquartered in Kingstown, St. Vincent. The exchange complies with international Know-Your-Customer (KYC) processes to minimize fraudulent and criminal activity, the platform does not meet strict requirements of certain countries such as the US.

    Despite being an unregulated trading platform, Delta Exchange aims to maintain a fair and transparent trading venue with strict internal policies and mechanisms to counter market manipulations, wash trading and money laundering. However, individuals that trade on the platform will not have any Government support due to a loss of funds through a security breach.

    Accepted Countries

    Delta Exchange’s services are available globally to residents of multiple regions such as the United Kingdom, European Union, Canada, Australia, Germany, Sweden, Finland, Denmark, Norway, and more. Any resident of these countries is welcome to use Delta Exchange’s features without issue.

    The platform’s services are unavailable to residents of some specific countries such as the United States (including Puerto Rico and the U.S. Virgin Islands), St Vincent and the Grenadines, Iran, North Korea, Syria, Crimea, Cuba, Afghanistan, Cambodia, Pakistan, and any country where use of the platform’s services would be illegal or violate applicable law.

    Funding & Limits

    As Delta Exchange is an unregulated crypto-to-crypto trading platform, it is possible to create an account and begin trading on the futures market with a basic email address only. The funding method is to transfer Bitcoin or USDT from another exchange or hardware wallet. There is no minimum deposit limit or fiat-to-crypto gateway to fund or top-up a trading wallet.

    Delta Exchange ID Verification and limitsDelta Exchange ID Verification and limitsID verification and withdrawal limits.

    While Delta Exchange places no limits on deposits, withdrawals from accounts are restricted for unverified users which are capped at $10,000 a day and $500,000 lifetime withdrawal limit. Verified users have unlimited withdrawal limits in BTC and USDT but will need to complete a full Know Your Customer (KYC) process. This will entail submitted personal information and documents to verify identity. This process can take up to two business days before verification is approved, although is usually completed within a few hours.

    Supported Coins

    Delta Exchange offers opportunities to exchange and acquire every popular form of cryptocurrency with over 100 cryptocurrencies in total listed on the platform. Moreover, there are over 80 DeFi coins and altcoins that allow investors to diversify their portfolios with some of the most popular and volatile coins which are advantageous for serious crypto traders that know how to trade with leverage. The assets on the futures markets are paired against Bitcoin, Ethereum and Tether.

    However, the selection of assets that can be traded on the spot exchange is limited to 6 assets only. These include BTC, ETH, SOL, DETO, XRP and BNS with USDT as collateral. This is too limited when compared to derivatives platforms like FTX and Bybit which have 314 and 167 coins respectively.

    Volume & Liquidity

    Delta Exchange has become one of the world’s top 100 cryptocurrency exchange platforms in terms of trading volumes and is comparable to StormGain and Kraken. At this time, Delta Exchange processes over $431 Million in transaction volumes every day.

    Delta Exchange trading volume and liquidityDelta Exchange trading volume and liquidityDelta Exchange current trading volume and liquidity. Source: Coinmarketcap.com

    Making up the largest portion of this volume is BTC/USDT trading which equates to more than a quarter of the exchange’s trading volume. On the other hand, the liquidity is very low for altcoin and DeFi token contracts which can result in slippage for traders. Therefore, trading platforms such as Binance, FTX and Huobi are better options due to their higher trading volumes.

    Trading with Delta Exchange

    User Interface

    Delta Exchange offers a truly intuitive, visually appealing and responsive charting and order-management platform on desktop and mobile apps. The user interface contains quick shortcuts to access various markets and trading categories. With a single click, users can jump from viewing the latest opportunities on trading futures to checking out the latest interest rate swaps and viewing the statistics on all available markets.

    For serious crypto traders, Delta Exchange's charting system is integrated with Tradingview which are renowned for its suite of drawing tools, indicators and technical overlays. More importantly, there is a variety of order types that will suit the different types of cryptocurrency trading strategies. Examples of the various order types include:

    • Market
    • Limit
    • Stop-limit
    • Stop-market
    • Trailing-stop
    • Time-in force
    • Reduce-only
    • Post-only

    A beneficial feature of Delta Exchange's charting platform is the ability to set a take-profit and stop-loss order when entering a position. Referring to as a "bracket order" on the user interface, these conditional orders are excellent tools to reduce trade risk. The values can be set as a percentage change or price point. The take-profit and stop-loss levels are shown on the chart and can be adjusted by dragging the levels as required. There is also a trade calculator that is advantageous for calculating position size and risk tolerances.

    Overall, trading futures contracts on Delta Exchange is quite simple using its professional and advanced platform. It is packed with trading features expected for a top derivatives platform that will suit intermediate to advanced crypto traders.

    Delta Exchange Trading Fees

    Delta Exchange uses different pricing or fee structures for the various markets offered on its platform. The trading fees on its futures market for inverse is 0.05% and 0.02% for using limit and market orders respectively. There is an additional 0.05% settlement fee on all trades. there are no fee rebates for providing liquidity to the exchange or discounts for trading higher volumes which is a negative. Overall, Delta Exchange's fees are competitive and quite comparable to the most popular platforms. A comparison table of Delta Exchange's trading fees of similar crypto leverage platforms is shown below.

    Trading PlatformTrading Fees (maker / taker)
    Delta Exhange0.05% / 0.02%
    Bybit-0.025% / 0.075%
    FTX0.02% / 0.07%
    Binance Futures0.02% / 0.04%
    Huobi0.2% / 0.2%

    DETO Rewards

    Delta Exchange has a native ERC-20 utility token based on the Ethereum network called the Delta Exchange Token or DETO. The token powers the platform's ecosystem and provides incentives for its users. The benefit of holding DETO tokens is that they can be used to pay for trading fees or margin to collateralize a leveraged trading position. Other use cases for DETO include liquidity farming and earning rewards within a staking pool.

    Delta Exchange Mobile App

    Few cryptocurrency platforms that can survive in today’s world without an on-the-go mobile app for 24/7 trading. Delta Exchange offers a sophisticated and intuitive mobile app experience to fill the needs of any investor on the move to place trades and monitor positions.

    Delta Exchange mobile app screenshotsDelta Exchange mobile app screenshotsDelta Exchange mobile app screenshots.

    The app offers many of the features that are seen on the full website. Traders can place orders and view the status of the market on supported iOS or Android smartphones with a few quick taps. However, customer feedback on the Android marketplace has numerous negative reviews on their experiences with the app. There are several concerns with missing deposits and excessive latency with charting and placing trades. In short, for traders that frequently trade or monitor positions using a mobile app, Delta Exchange may not be the best choice.

    Security of Assets

    Delta Exchange has proved to be one of the safest and most secure places to store and trade cryptocurrency to date. The exchange protects account access through 2 factor authentication and funds through multi-signature wallets and manual approval of withdrawals. The security of Delta Exchange has yet to be cracked, and as of yet, there have been no reports of harmful intrusion into the site’s infrastructure.

    Frequently Asked Questions

    DETO is the utility token of Delta Exchange. Users can earn DETO through trade farming, liquidity mining or referral mining. DETO can be used to reduce fees incurred on trading within Delta Exchange.

    Delta Exchange is a safe and secure platform that has operated since 2018, without experiencing any incursion or serious breaches of security. Delta Exchange has taken many measures to ensure the security and safety of any funds in their care, as well as their users’ accounts.

    The maximum value of funding rate is capped. This cap can vary from contract to contract.

    Delta Exchange supports a list of countries including Canada, Australia, the United Kingdom, and more.

    The services and trading platform that Delta Exchange offers are not available to U.S. citizens. Delta Exchange currently restricts use to residents of certain countries including the U.S according to the Terms of Service.

    Final Verdict

    Delta Exchange is an up-and-coming cryptocurrency exchange platform that is suitable for experienced crypto investors. Delta Exchange offers many high-quality features and services and supports them with top-notch security measures and authentication.

    In short, Delta Exchange is a safe and secure environment to trade crypto but it is limited with its average liquidity and high-latency mobile app. For casual traders looking to hedge their portfolio, Delta Exchange provides numerous markets to long or short a wide range of cryptocurrency assets.

    Visit Delta Exchange
    Kevin GrovesKevin GrovesKevin Groves

    Kevin started in the cryptocurrency space in 2016 and began investing in Bitcoin before exclusively trading digital currencies on various brokers, exchanges and trading platforms. In 2019, he started HedgewithCrypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world.

    Share this post
    Or copy link