NEO is an open-source, community-driven platform for decentralized applications. The project was founder in 2014 and open sourced on Github in June 2016. NEO envisions a smart economy in which asset are digitized by leveraging blockchain technology and digital identity. And, the digitized assets are managed automatically through smart contracts.
The base asset of the NEO blockchain is the NEO token. You can margin trade NEO on Delta Exchange using our derivative (i.e. futures and perpetual) contracts. This means that you can go long or short NEO with leverage.
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Complete details of the futures and perpetual contracts on NEO that are listed on Delta Exchange are available below.
You can directly buy or sell NEO. This is called spot trading of NEO. If you buy low and sell high, you will make profit. However, this trade only works when NEO price goes up. Further, leverage trading is not possible in spot trading.
NEO margin trading through derivatives addresses these shortcomings. The NEO futures and perpetual contracts enable you to go benefit from both up and down move in NEO. Further, these derivative contracts have built-in leverage, enabling you to trade big with small capital.
Starting trading on Delta Exchange is a breeze. Here’s how you can make your first NEO trade on Delta Exchange:
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.
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.
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