Delta News

We are excited to introduce a new offer where you can get 100% cash back on fee paid on scalping trades on Options. This offer is only valid till 21st April 2023 4:30am UTC/ 10am.What is Scalping?Scalping involves buying and selling contracts within a short period of time. The goal of scalping is to make a profit from small price movements in the market. In order to make it attractive for traders to scalp we have introduced the Cashback offer. Thus, if you open and close a trade within the stipulated time window (given below) then that trade will be counted as a scalping trade.Terms &amp; Conditions:<ol><li>This offer will start from 9th March 2023 12:30pm UTC/ 6pm IST and end on 21st April 2023 4:30am UTC/ 10am.</li><li>This offer is valid only on Options trades.</li><li>You must open and close positions between 12:30pm UTC/ 6pm IST to 4:30am UTC/ 10am IST the next day.</li><li>Only the fees paid in USDT will be eligible for cash back. Fees paid in Delta Cash and DETO will not be eligible for Cashback.</li><li>Cashback is valid only on trading fees paid to open and close positions.</li><li>If a position is partially closed, then only that part is eligible for cashback.</li><li>The Cashback will be in the form of Delta Cash.</li><li>Cashback will be distributed daily between 11:50 am UTC/ 5:20 pm IST and 12:30 pm UTC/ 6:00 pm IST</li><li>Maximum Cashback earned by a trader/account will be limited to $100 Delta Cash daily.</li><li>This offer is not applicable to Market Makers.</li><li>Delta Exchange reserves the right to modify or change the terms of the offer at any time at its sole discretion.</li><li>Delta Exchange can selectively disqualify any trader or a group that is found abusing the offer at its sole discretion.</li><li>The decision of Delta Exchange will remain final and binding.</li></ol>Example:If your trades between the above mentioned time were as follows:<table style="width: 54.539%;">
<tbody>
<tr>
<td style="width: 28.7893%;"></td>
<td style="width: 20.1954%;">Buy Side</td>
<td style="width: 17.5225%;">Sell Side</td>
<td style="width: 50.6748%;">Net&nbsp;&nbsp;</td>
</tr>
<tr>
<td style="width: 28.7893%;">Position Size</td>
<td style="width: 20.1954%;">500</td>
<td style="width: 17.5225%;">750</td>
<td style="width: 50.6748%;">500</td>
</tr>
<tr>
<td style="width: 28.7893%;">Fees ($)</td>
<td style="width: 20.1954%;">3.5</td>
<td style="width: 17.5225%;">3</td>
<td style="width: 50.6748%;">5.5</td>
</tr>
</tbody>
</table>We will consider 500 as the size of scalped trades and accordingly calculate sell side fees as $2 (3*500/750). With this, you will be eligible for a trading fee cashback of $5.5 (3.5 + 2).You will be able to view your Delta Cash rewards from the <a href="https://www.delta.exchange/app/account/transaction_logs/asset_history">Transaction Logs page under the Asset History tab</a> with the transaction type ‘Delta Cash Received’.<figure class="kg-card kg-image-card"><a href="https://www.delta.exchange/app/account/transaction_logs/asset_history"><img src="https://static.delta.exchange/wp-content/uploads/2023/03/trx-logs-1024x476.png" class="kg-image" alt loading="lazy" width="1050" height="488"></a></figure>If you have any questions or concerns, please do not hesitate to contact our customer support team. <a href="https://www.delta.exchange/app/options_chain/markets">Happy trading!</a>

We are excited to introduce a new offer where you can get 100% cash back on fee paid on scalping trades on Options. This offer is only valid till 21st April 2023 4:30am UTC/ 10am.What is Scalping?Scalping involves buying and selling contracts within a short period of time. The goal of scalping is to make a profit from small price movements in the market. In order to make it attractive for traders to scalp we have introduced the Cashback offer. Thus, if you open and close a trade within the stipu

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