Bitcoin the largest cryptocurrency by market capitalisation. It is also the most widely accepted and well-known cryptocurrency. Traders who want to profit from movement in the price of Bitcoin can go long or short the Bitcoin-USD futures listed on Delta Exchange.
Delta Exchange has the following BTC futures contracts available for trading. Against each contract, we have mentioned the current price, daily traded volume and the change in last 24 hours. You can see the complete order book on BTC contracts listed on Delta Exchange here.
BTC futures currently available:
|Contract Symbol||Last Price||24 hr Change||24 hr Volumes|
Margin currency is the currency in which the margin for a futures contract is allowed. The margin currency for BTCUSD contract is BTC
Underlying for BTC Contracts on Delta Exchange
The underlying for BTC futures contract on Delta Exchange is Avg of BTC/USD price on Bitstamp, Coinbase Pro & Kraken
How are BTC contracts quoted on Delta Exchange?
BTC Futures contracts BTCUSD are quoted in USD
Max Leverage Allowed for BTC futures:
The maintenance margin for BTC contracts is 1%. The max leverage for these contracts is 100x.
Initial margin (minimum amount needed to open a fresh position) that a trader is required to post when entering a long or short position in BTC decides the max-leverage for the contract. For example, a contract with 2.5% initial margin will offer upto 40x leverage and vice versa. If max-leverage is 25x then the trader will have to post an initial margin of 4%.
The maker and taker fee for BTCUSD futures is:
Maker Fee: -0.00025
Taker Fee: 0.00075
More information about futures trading is available in reference section here.