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Author Topic: Delta Exchange - Anyone use it?  (Read 263 times)
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July 07, 2024, 10:33:18 AM
 #21


Why do I see only one review in the Play Market? More than 500K downloads, and only one review - this is weird.

I found this exchange a couple of months ago. I see one big advantage here: minimum size of a BTC option is only 0.001 BTC. (On Deribit it is 0.1 BTC, on OKX and Bybit it is 0.01 BTC.)

The spreads are narrow, trading volumes are enough for traders who operate small positions.

But there are two disadvantages.
1. USDT is the only asset allowed to use for options trading. I consider this stablecoin too risky.
2. Withdrawals are processed only once a day: between 12 PM UTC and 3 PM UTC. Moreover, in their support chat https://t.me/deltaexchat,  I see that every day there are one or two posts about withdrawal delays for more than 24 hours.

Anyway, I decided to give it a try. Yesterday I requested my first withdrawal. Let's check whether I receive my funds today or not.
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