But trading crypto derivatives in India can prove cumbersome, seeing as you don’t have many palatable platform choices. Plus, there’s the regulation issue; which platform can you really trust to put your safety first? Delta Exchange India could be considered.
Delta Exchange India brings Crypto Futures and Options for the Indian audience at the lowest fees, and by acquiring the FIU-India registration, they’re now fully compliant too! With daily volumes of over $250 Million, Delta Exchange India is the fastest growing Crypto F&O exchange in India.
Delta Exchange India: Trade BTC and ETH options and futures with ease
For the uninitiated, Crypto Futures allow you to bet on the price of an underlying crypto at a certain point of time in the future, at a fixed price and date of expiry. On the other hand, Crypto Options are almost the same, except for the fact that with them you are not under any obligation to see the contract through at the time of expiry.
BTC/USD futures market on Delta India
So with crypto futures, you are obligated to buy/sell at the expiration date, but with crypto options, you can choose to not exercise the contract. There’s another derivative called crypto perpetual futures. They are similar to futures contracts and allow a trader to go long or short BTC, ETH and other crypto with leverage; the only difference being that the contract does not have an expiry date; instead, it has an auto roll feature that is implemented via exchange of funding (similar to futures-basis) every 8 hours.
BTC options on Delta Exchange India
Both crypto futures and options have their benefits and disadvantages: while the former can be a high-risk high-profit endeavour, the latter can be more flexible at the trade-off for high profits.
Delta Exchange India gives you the choice to pick between INR settled European crypto options and perpetual futures in Bitcoin, Ethereum and other altcoins, so even the beginner traders have an easy time.
Unique benefits promised by Delta Exchange India
Aside from being compliant with the Indian legal standards, Delta Exchange India offers some unique benefits:
Daily/weekly/monthly expiries in BTC and ETH options, resulting in diverse trading opportunities.
Advanced risk management techniques so you can get into bigger trades with less capital, that too at comparatively lower risks.
You would know about crypto taxes in India already; the two most defining rules go like so:
Any gains made from crypto trading is taxed at a rate of 30% with 4% cess, as Section 115BBH dictates.
There is 1% Tax Deducted at Source or TDS on the transfer of crypto assets, in the case that they exceed ?50,000 or ?10,000 in some scenarios in a financial year, as per Section 194S.
However, the benefit of trading crypto options and futures on Delta Exchange India is that your balances and unrealised profits are always denominated in INR and you have no direct contact with crypto, which means the aforementioned high tax rates on VDA (virtual digital assets) don’t apply to a Delta Exchange India trader. You can even offset losses, which India’s current crypto regulations don’t allow.
On that note, you can deposit INR to Delta Exchange India by linking your bank account and start trading. INR can be used as margin for trading, and you can even make withdrawals in INR. So basically all trading activity on Delta Exchange India can be done in INR, you are not associating with crypto directly, removing tax complications as mentioned above. Please note that your normal income tax will apply to net trading gains you make. Please consult with your tax advisor for details.
All Delta Exchange India contracts are quoted, margined, and settled in USD denomination. However, the USD-INR exchange rate on the platform is fixed and your balance is maintained in INR always, so no currency conversions take place for you.
Deposits and withdrawals on Delta India
As declared, you can send INR from your bank account to Delta Exchange India and fund your trading account, requiring no conversions and no involvement with any crypto. Here’s how to make a deposit:
- Log into your account and go over to the ‘Deposit’ section.
- Log into your respective bank account through internet banking/use your mobile app.
- Find the transfer money section and add Delta Exchange India as a beneficiary using data given on the Delta India deposit page.
- Enter the amount you want to deposit and select Delta India as your payee.
- Transfer the amount via IMPS and you will get your deposit immediately. Please note that for some banks beneficiary addition may take up-to 24 hours. Please check your bank for details.
Withdrawals are similarly easy:
- Log in to your Delta India account and go to the ‘Withdrawal’ section.
- Enter the amount you wish to withdraw.
- Add your bank account and select the right option.
- Transfer your chosen amount.
A fully regulated platformOn top of the promised conveniences, Delta Exchange India is registered with the FIU-India or the Financial Intelligence Unit of India, ensuring 100% compliance with Indian regulations.
With $350+ Million in daily trading volume (at the time of writing), Delta Exchange India is the largest and fastest growing Crypto F&O exchange in India, bringing a crypto derivatives trading platform specifically curated for the Indian audience while cleverly doing away with the crypto taxes and even adapting to the right regulatory support. Too good to be true as it sounds, Delta India does seem to be on its way to staying true to its promises. The future of crypto in India is potent, with players like Delta on the scene.
Follow the action through Delta Exchange India’s website as well as their socials on X and Instagram. You can get their app through Google Play and the Apple Store.
Disclaimer: Cryptocurrencies are inherently volatile, and investments in the asset class can carry significant risks. The information presented in this article is not intended to be financial advice, and we strongly recommend conducting your due diligence before investing in crypto.
Disclaimer: The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. The article does not constitute investment advice. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified.
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