Delta Exchange (<a href="http://prod-wp.delta.exchange/">http://prod-wp.delta.exchange/</a>), a digital asset derivatives exchange, announced today the launch of BTC/USDT futures contracts. It will allow users to trade BTC futures with USDT collateral, with up to 100x leverage. Trading of BTC/USDT futures contracts on Delta Exchange begins April 14, 2020, at 9:00 am EST.
 
Delta Exchange is a pioneer of stablecoin-settled contracts, being the first exchange to offer this feature in January 2019, with offerings including  BTC, ETH, XRP, LTC and other top currencies <a href="http://prod-wp.delta.exchange/blog/bitcoin-futures-stablecoin-quantos/">which were settled in USDC</a>. In contrast with BTC/USD futures contracts that are offered on Delta and other major derivatives exchanges, the profit earned with BTC/USDT contracts will be in USDT. This is a significant addition to the derivatives market that will allow traders to avoid the risk associated with BTC on their collateral, while reducing the exposure of their profit to the volatility of BTC. 
 
“As the BTC futures markets mature we are seeing a shift towards settlements in USDT,” said Pankaj Balani, CEO of Delta Exchange. “This is akin to the trajectory crypto spot markets took.”
 
The industry has seen a surging demand for a stable digital currency amidst fears of an economic recession. The addition of USDT, the world’s largest stablecoin by market value, allows users to trade BTC futures with USDT collateral and mitigate any volatility brought by non-pegged tokens. With a market capitalization that has increased by <a href="https://stablecoinindex.com/marketcap">38%</a>, or nearly $2 billion, since Mid-February, USDT, the most liquid stablecoin on the market, will bring Delta Exchange an unwavering liquidity pool.  
 
“In the last 12 months we have seen that USDT has established itself as a winner amongst stablecoins,” continued Pankaj Balani, CEO of Delta Exchange. “The concerns over USDT volatility and collateralization have subsided to a larger extent making offering settlement in the largest stablecoin by market capitalization, USDT the most logical next listing for us.”  
 
BTC/USDT futures contracts will be announced in the coming days on the Delta Exchange Blog at <a href="http://prod-wp.delta.exchange/blog/">http://prod-wp.delta.exchange/blog/</a>.
 
Risk warning: Trading linear contracts can be a highly risky endeavor. Although trading can yield significant profits, in the cases of extreme price movement and volatility, Delta Exchange reserves the right to liquidate margin balances.

Delta Exchange (http://prod-wp.delta.exchange/), a digital asset derivatives exchange, announced today the launch of BTC/USDT futures contracts. It will allow users to trade BTC fu

Delta Exchange Launches BTC-USDT Futures Contracts

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