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LEO Futures & Perpetual Contracts Guide

UNUS SED LEO Contracts Listed on Delta Exchange

Symbol
Description
Price
Max Leverage
Settlement Currency
Action

Symbol Description Price Max Leverage Settlement Currency Action
LEO Index Details

Complete details of the futures and perpetual contracts on LEO that are listed on Delta Exchange are available below.

About UNUS SED LEO

UNUS SED LEO (LEO) is a utility token issued by iFinex, the owner of Bitfinex, a leading exchange that offers spot and margin trading of cryptocurrencies.

LEO token will have utility across the entire iFinex ecosystem including Bitfinex. Token holders will also receive benefits from futures products and services of iFinex. Initially, LEO token holders will receive the following benefits: (a) taker fee reduction, (b) lending fee reduction and (c) discount on withdrawal fees.

Additionally, the company has committed to using at least 27% of its revenues every month to buy back LEO from the market. This will continue in perpetuity until there are LEO tokens left in circulation.

You can margin trade UNUS SED LEO on Delta Exchange using our derivative (i.e. futures and perpetual) contracts. This means that you can go long or short LEO with leverage.

LEO Contracts Listed on Delta Exchange


Trading LEO

Why Should You Trade LEO Futures & Perpetual

You can directly buy or sell LEO. This is called spot trading of LEO. If you buy low and sell high, you will make profit. However, this trade only works when LEO price goes up. Further, leverage trading is not possible in spot trading.

LEO margin trading through derivatives addresses these shortcomings. The LEO futures and perpetual contracts enable you to go benefit from both up and down move in LEO. Further, these derivative contracts have built-in leverage, enabling you to trade big with small capital.

How to Start Trading on Delta Exchange

Starting trading on Delta Exchange is a breeze. Here’s how you can make your first LEO trade on Delta Exchange:

  • Register: This takes < 1min and requires on a verified email address. No other KYC is needed.
  • Fund your Delta Exchange Wallet: Only bitcoins are accepted in the Delta Exchange Wallet. A unique BTC deposit address will be generated for you when you register.
  • Convert BTC to USDC: All futures and perpetual contracts on Delta Exchange are margined and settled either in BTC or USDC. For USDC settled contracts, use the currency convertor to change BTC to USDC.
  • Make your first trade: Now you are all set to trade on Delta Exchange!

FAQs

  • Does Delta Exchange support margin trading?

    Delta exchanges offers trading in cryptocurrency futures. These futures offer: (a) up to 100x leverage and (b) ability to go both long or short. Crypto futures not only have the same features as margin trading, but also higher liquidity and lower trading fees.

  • Which cryptocurrencies can I trade on Delta Exchange?

    Delta Exchange is a derivatives exchange. You can trade futures on cryptocurrencies, but not cryptocurrencies directly. The complete list of futures listed on delta is available here.

  • How can I contact Delta Exchange?

    For any query, feedback, suggestion or business proposals, please write to us at: [email protected]