Delta Exchange launches new options contracts for Solana (SOL) and Cardano (ADA)

Forum 3 years ago

Delta Exchange launches new options contracts for Solana (SOL) and Cardano (ADA)

Delta Trade, a cryptocurrency derivatives alternate, introduced as of late the release of name and put choices for Solana’s SOL and Cardano’s ADA. Those new choices upload to the checklist of choices already to be had on Delta Trade together with BTC, ETH, XRP, BCP, and BNB.

Day-to-day maturities at the moment are to be had on SOL and ADA with weekly and per 30 days maturities to practice.

Choices contracts give holders the appropriate to shop for or promote the underlying asset at a predetermined worth on a predetermined date someday. The good thing about choices is that the patron has the appropriate however no longer the duty to workout the choice. Holders of choices will most effective workout if successful at the workout date.

“WE’VE GOT OBSERVED A GRADUAL BUILDING UP IN CALL FOR FROM TRADERS SO AS TO ADD NAME CHOICES FOR SOLANA OVER THE LAST FEW MONTHS. THAT IS UNSURPRISING GIVEN THE STELLAR MONTH THE COST OF SOL HAS HAD, REACHING A BRAND NEW ALL-TIME TOP WITH GREATER THAN $2 BILLION LOCKED SIMPLY FINAL MONTH. FROM ALL INDICATIONS ALL THE WAY THROUGH THE BULL RUN, WE ADDITIONALLY BE EXPECTING TO PEER ADA POSTING AN BUILDING UP IN PRICE WITHIN THE COMING WEEKS.”
– PANKAJ BALANI, CEO OF DELTA EXCHANGE