We are excited to introduce a new offer where you can get 50% cash back on fee paid on scalping trades on Futures. This offer is only valid till 4th May 2023 11:59pm UTC/ 5th May 2023 5:29am IST.
 
What is Scalping?
Scalping involves buying and selling contracts within a short period of time. The goal of scalping is to make a profit from small price movements in the market. In order to make it attractive for traders to scalp we have introduced the Cashback offer. Thus, if you open and close a trade within the stipulated time window (given below) then that trade will be counted as a scalping trade.
 
Terms & Conditions:
<ol>
<li>This offer will start from 15th April 2023 12:00am UTC/ 5:30am IST and end on 4th May 2023 11:59pm UTC/ 5th May 2023 5:29am IST.</li>
<li style="font-weight: 400">This offer is valid only on Futures trades.</li>
<li style="font-weight: 400">You must open and close positions between 12:00am UTC/ 5:30am IST to 11:59pm UTC/ 5:29am IST. </li>
<li style="font-weight: 400">Only the fees paid in USDT will be eligible for cash back. Fees paid in Delta Cash and DETO will not be eligible for Cashback. </li>
<li style="font-weight: 400">Cashback is valid only on trading fees paid to open and close positions. </li>
<li style="font-weight: 400">If a position is partially closed, then only that part is eligible for cashback.</li>
<li style="font-weight: 400">The Cashback will be in the form of Delta Cash.</li>
<li data-stringify-indent="0" data-stringify-border="0">Cashback will be distributed daily between 12:15 am UTC/ 5:45 am IST and 12:45 am UTC/ 6:15 am IST</li>
<li>Maximum Cashback earned by a trader/account will be limited to $100 Delta Cash daily.</li>
<li style="font-weight: 400">This offer is not applicable to Market Makers.</li>
<li style="font-weight: 400">Delta Exchange reserves the right to modify or change the terms of the offer at any time at its sole discretion.</li>
<li style="font-weight: 400">Delta Exchange can selectively disqualify any trader or a group that is found abusing the offer at its sole discretion.</li>
<li style="font-weight: 400">The decision of Delta Exchange will remain final and binding. </li>
</ol>
 
Example:
 
If your trades between the above mentioned time were as follows:
<table style="width: 54.539%">
<tbody>
<tr>
<td style="width: 28.7893%"></td>
<td style="width: 20.1954%">Buy Side</td>
<td style="width: 17.5225%">Sell Side</td>
<td style="width: 50.6748%">Net  </td>
</tr>
<tr>
<td style="width: 28.7893%">Position Size</td>
<td style="width: 20.1954%">500</td>
<td style="width: 17.5225%">750</td>
<td style="width: 50.6748%">500</td>
</tr>
<tr>
<td style="width: 28.7893%">Fees ($)</td>
<td style="width: 20.1954%">3.5</td>
<td style="width: 17.5225%">3</td>
<td style="width: 50.6748%">5.5</td>
</tr>
</tbody>
</table>
 
We will consider 500 as the size of scalped trades and accordingly calculate sell side fees as $2 (3*500/750). With this, you will be eligible for a trading fee cashback of $2.75 (50% of (3.5 + 2)).
You will be able to view your Delta Cash rewards from the <a href="https://www.delta.exchange/app/account/transaction_logs/asset_history">Transaction Logs page under the Asset History tab</a> with the transaction type ‘Delta Cash Received’.
If you have any questions or concerns, please do not hesitate to contact our customer support team. 
 
<a href="https://www.delta.exchange/app/options_chain/markets">Happy trading!</a>

We are excited to introduce a new offer where you can get 50% cash back on fee paid on scalping trades on Futures. This offer is only valid till 4th May 2023 11:59pm UTC/ 5th May 2

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