imageXRP Futures & Perpetual Contracts Guide - Delta Exchange

Register now to get $10

Welcome trading bonus

Already a user? Sign In

By clicking “Register” above, you agree to our Terms of Use and Privacy statement. We’ll occasionally send you account related emails.

XRP Futures & Perpetual Contracts Guide

About Ripple

Ripple (XRP) is the cryptocurrency used to represent transfer of value on the Ripple payment network. The Ripple platform is an open source protocol that has been built for enterprise use and aims to facilitate fast and cheap transactions.

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

XRP Contracts Listed on Delta Exchange

Contract
Type
Max Leverage
Price Currency
Margin Currency
Action

ContractTypeMax LeveragePrice CurrencyMargin CurrencyAction
XRPUSDQQuanto Perpetual50xUSDUSDCSee Market

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


Trading XRP

Why Should You Trade XRP Futures & Perpetual

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

Ripple margin trading through derivatives addresses these shortcomings. The XRP futures and perpetual contracts enable you to go benefit from both up and down move in Ripple. 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 XRP 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]