Delta Exchange has launched WRX – BTC Perpetual contract, with up to 20x leverage, on 5th February 2020. Delta is the first and the only crypto derivatives exchange to offer WazirX derivatives; for traders to long or short WRX with leverage. WRX opened on Binance for spot trading earlier on 5th February and within the next few hours, WRX perpetual swaps were available for trading on Delta Exchange.
WazirX is an exchange token with an active trader community. WRX token saw more than 100% jump in price on its listing day.
WRX Perpetual Swaps listed on Delta Exchange will help the token holders lock their profits while allowing others to buy with leverage. Since most of the WRX supply is locked, there is a huge demand among the trader community to take short positions and lock the gains.
Delta Exchange is a Crypto Derivatives Exchange with the largest number of Altcoin Futures listed along with Bitcoin futures. Contracts on Delta Exchange are settled in Bitcoin, USDC & USDT, offering up to 100x leverage.
A robust and scalable trading engine enables Delta Exchange to add new crypto tokens on the fly, thereby allowing traders to quickly build long or short positions whenever a new coin is listed in the spot markets.