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Delta NewsFebruary 21, 2020

Delta Exchange Launches KNC Futures with 5x Leverage

Neeraj Thakur
February 21, 2020

21st February, 2020

Delta Exchange is stoked to announce the launch of KNC-BTC Futures with up to 5x leverage.

Quarterly futures on the KNC-BTC pair with up to 5x leverage are now available for trading on Delta Exchange. These contracts will be quoted, margined and settled in Bitcoin.

We’re getting a lot of demand to trade KNC on leverage, particularly after the news of Coinbase listing. In response to this demand we’ve decided to open the March Futures for KNC. These are quarterly Futures and the next in series will be the June contracts which will be launched sometime around the second week of March.

 

About KNC (Kyber Network Crystal)

Kyber Network Crystal (KNC) is an ERC-20 token and an integral part of Kyber Network. It connects different participants in the Kyber Network ecosystem, including both liquidity contributors and the different entities that leverage on the liquidity network.

Kyber is an on-chain liquidity protocol that aggregates liquidity from a wide range of reserves, powering instant and secure token exchange in any decentralized application.

 

 

About Delta Exchange

Delta Exchange is a marketplace for trading of cryptocurrency derivatives. We currently have Futures, Perpetual Swaps listed on Bitcoin (BTC), Ether (ETH), Ripple (XRP), Stellar Lumens (XLM) and Binance Coin (BNB), and 28 other leading Altcoins that allow up to 100x leverage and are settled in Stablecoins or BTC.

 

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