To trade a MOVE contract on Delta Exchange, follow the instructions below:
- 1)Log onto Delta Exchange.
- 2)MOVE contracts are margined and settled in USDT. Convert your BTC to USDT if necessary.
- 3)Navigate to MOVE Markets.
- 4)Pick your preferred product:
- a) BTC [Daily expiration]
- b) BTC [Weekly expiration]
- c) ETH [Daily expiration]
- d) ETH [Weekly expiration]
- 4)Navigate to the order book on the right hand side of your screen.
- 5)Choose your preferred order type - limit, market or stop market.
- 6)Choose your direction - long or short.
- a)Taking a Long position implies making a bet on high volatility and price fluctuations.
- b)Taking a Short position implies making a bet on low volatility and price fluctuations.
- 7)Choose your preferred price and quantity.
- 8)Click ‘Place Order’ to finish.
The below video walks you through how to place an order on a MOVE contract.Trading MOVE contracts is very straightforward on Delta Exchange. Should you have any questions, please visit the Delta Telegram channel or submit a support ticket.