Let’s take you to the magical land of Delta Exchange. Where we check out what the costs are of using the Delta Exchange and its trading services. Sounds interesting? Read along…
Table of Contents
What are the fees on Delta Exchange?
When you’re wondering what you are going to have to pay on the Delta Exchange, you have to take into consideration what service you’re actually using. On Delta Exchange you have the possibility to trade all kind of futures (Inverse, USDT, ALT-BTC, Commodity), cryptocurrency Options & Move contracts but also Spot markets.
What are fees on spot markets?
To start we take a look at fees on Delta Exchange spot markets. Where you can buy on a 1:1 basis without the risk of liquidation. We see that spot markets on Delta Exchange use a 0,05% fee deduction on the size of each trade. This is for both ‘Takers’ as ‘Makers’.
We see that this is particularly low in comparison to any other exchange and is welcome this like the traders we are.
What are the fees on futures?
When we look at fees for the Inverse & USDT Linear futures, we see that ‘Takers’ pay 0,05% and ‘Makers’ 0,02% on the notional value of their trade. To keep their future contracts open, users will have to pay a settlement fee. This would be at 0,05% on the time of settlement. If this is a negative fee, traders would receive a rebate on their open positions of that time.
What are the fees on options?
The fee on cryptocurrency options or MOVE contracts on the Delta Exchange come down to 0,03%. Note that options trading fees are capped at 10% of the premium of that option to reduce excessive fees on deep out of the money options
What are the deposit fees on Delta Exchange?
Delta Exchange, just like any other exchange, does not charge fees or costs on deposits. This means you can freely deposit crypto on your Delta Exchange without losing any of your cryptocurrency. Below we can see all cryptocurrencies that can be deposited and the number of confirmations needed before the deposit completion.
What are the withdrawal fees on Delta Exchange?
Delta Exchange does charge withdrawal fees. A withdrawal fee is a sum you have to pay when you want to take cryptocurrency off the exchange.
The withdrawal costs charged by Delta Exchange will depend on which cryptocurrencies you are trying to withdraw. In the table below we can view the minimum withdrawal fees of each specific cryptocurrency. Note that holders of the Delta Exchange Token – DETO will pay less to no witdrawal fees. More info about DETO can be found here.
What is the withdrawal time on Delta Exchange?
The withdrawal time depends on a lot of factors. Delta Exchange says that most withdrawals are completed within 30 minutes. They do note though, that some withdrawals could take up to 24 hours. Probably when it comes to larger transactions that have to have more confirmations on the blockchain.
What is Delta Exchange VIP Program?
The Delta Exchange offers a VIP program where traders with a large trading volume (30 day Avg.) and minimum of 100,000 DETO will get fee rebates on each trade they make.
This way the exchange rewards traders who drive uo the exchange volume. If this sounds interesting you can become a VIP trader and enjoy fee rebate on the Delta Exchange here.
