Delta Exchange (<a href="http://delta.exchange/">http://delta.exchange/</a>), a digital asset derivatives exchange, announced today the launch of monthly contracts on its ETH-MOVE and BTC-MOVE product. Delta Exchange already offers daily and weekly maturities on BTC, ETH, and top altcoins and is the first exchange to offer MOVE Options on Ethereum, BNB, and LINK. The addition of monthly MOVE contracts will allow traders to capture the movement in the prices of crypto assets, on a monthly basis as well, 
 
The Monthly BTC-MOVE and ETH-MOVE contracts with up to 10x leverage will open for trading on Delta Exchange at 9:00 AM EST on August 6, 2020.
 
Since launch, in late March, the Daily and Weekly MOVE options have grown 85% month over month compounded. The growth on BTC options has been 68% and that on ETH options has been 140%.
 
Monthly MOVE contracts will allow traders to bet on the absolute value of the change in price of the underlying cryptocurrency, over a period of one month, irrespective of the direction of the change in price. Thus monthly maturities will allow traders to express their market view over a longer time frame whilst avoiding short term price volatility. 
 
“The addition of Monthly MOVE contracts on Delta Exchange came as a result of the success of our daily and weekly contracts,” said Pankaj Balani, CEO of Delta Exchange. “Monthly and quarterly maturities, traditionally, are most commonly traded maturities for options and as the options ecosystem matures we expect to see more activity in these longer dated contracts.” 
 
Trading of Monthly MOVE Options on Delta Exchange will start on August 6, 2020. Fortnightly and quarterly expiries will be announced in the coming weeks on the Delta Exchange Blog at<a href="http://delta.exchange/blog/"> http://delta.exchange/blog/</a>.

Delta Exchange (http://delta.exchange/), a digital asset derivatives exchange, announced today the launch of monthly contracts on its ETH-MOVE and BTC-MOVE product. Delta E

Delta Exchange Launches Monthly Contracts on ETH-MOVE and BTC-MOVE

Company

Information

Resources & Support