For traders looking to trade crypto without directly owning them (i.e via derivatives), choosing the best cryptocurrency options trading platform in India is a decision they don’t take lightly. With the Indian government imposing a flat 30% tax on crypto gains and a 4% cess, trading crypto derivatives has become an attractive alternative for those looking to minimize their tax liabilities.
Selecting the right platform can be challenging due to limited choices and concerns about regulatory compliance and user safety. To ensure a seamless and secure trading experience, it is important to consider the platform’s registration status, security measures, user interface, and range of trading options.
One platform that stands out in the Indian crypto derivatives market is Delta Exchange India. In this post, we will discuss Delta Exchange India’s unique benefits, designed specifically for Indian traders.
Why Choose Delta Exchange India?
First off – when you choose Delta Exchange India, you can trade Indian Rupees without dealing with cryptocurrencies directly. This makes trading more straightforward and less complicated in terms of tax issues. Delta Exchange India was one of the first platforms in India to concentrate on crypto derivatives trading, giving it a head start in the local market.
The platform has experienced significant trading activity, with recent numbers exceeding $325 million in May 2024. Moreover, the platform’s easy-to-use interface, designed with your comfort and confidence in mind, and many advantages make it a top choice. Let’s explore what Delta exchanges India’s one-of-a-kind benefits.
Regulated and Compliant
Delta Exchange is India’s first FIU (Financial Intelligence Unit) registered crypto futures and options exchange. This registration ensures a regulated environment, providing traders with the confidence that they are operating within the bounds of Indian law and regulations.
Variety in Expiry Options
Delta Exchange India offers a range of crypto expiry options, including daily, weekly, and monthly expiries.
Accessible Entry Points
With small lot sizes starting at INR 5,000 for Bitcoin contracts and INR 2,500 for Ethereum contracts, Delta Exchange India lowers the barrier to entry. This makes it easy for new traders to start trading without a large initial investment.
Comprehensive Customer Support
Delta Exchange India provides 24/7 customer support, ensuring that traders can get assistance whenever needed. This round-the-clock support is particularly beneficial for beginners needing more guidance.
Advanced Risk Management
The platform employs sophisticated risk management techniques, allowing traders to take on larger positions with less capital and reduced risk. This feature is ideal for those looking to maximize their trading potential while effectively managing their risk exposure.
Stable USD-Based Trading
All contracts on Delta Exchange India are quoted, margined, and settled in USD. The fixed USD-INR exchange rate ensures that balances are maintained in INR, eliminating concerns about currency conversions and providing a stable trading environment.
Tax-Free Trading
Since traders never own the underlying cryptocurrencies when trading with Delta Exchange India, they are not subject to the 30% tax plus 4% cess imposed by the Indian government on crypto gains. This makes it a tax-efficient option for traders.
Fiat-Only Transactions
Delta Exchange India makes trading easier by allowing you to trade without dealing directly with cryptocurrencies. You can deposit and withdraw funds using Indian Rupees (INR), simplifying the process and avoiding the complications of crypto transactions.
Deposits:
- Log in to your Delta Exchange India account.
- Navigate to the ‘Add funds’ section.
- Add your bank account details in the ‘Add funds’ section.
- Once it gets whitelisted by the Delta Exchange India team, you can transfer funds to Delta India’s account.
Withdrawals:
- Log in to your Delta Exchange India account and go to the ‘Withdrawal’ section.
- Specify withdrawal amount.
- Add bank account details and select the correct withdrawal option.
- Confirm withdrawal by transferring the chosen amount.
Our Take
Delta Exchange India is the country’s largest and fastest-growing platform for trading crypto futures and options (F&O). It has been designed specifically for the Indian audience, making it easy to navigate crypto taxes and providing proper regulatory support. Delta Exchange India’s commitment to keeping its promises is helping to shape a promising future for crypto in India.
Stay in the loop with Delta Exchange India by checking our website for the latest updates. Connect with us on X and Instagram to stay in touch. And don’t miss out—download our app from the Google Play Store.