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Basic Attention Token Contracts Listed on Delta Exchange
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Complete details of the futures and perpetual contracts on BAT that are listed on Delta Exchange are available below.
Basic Attention Token (BAT) is an Ethereum based token that serves as the currency of business on Brave Software’s blockchain-based digital advertising exchange. Brave also offers an eponymous free web browser in which user’s can choose to see ads from the Brave ad network. The Brave browser anonymously monitors user attention and rewards them with BAT from advertisers.
You can margin trade Basic Attention Token on Delta Exchange using our derivative (i.e. futures and perpetual) contracts. This means that you can go long or short BAT with leverage.
You can directly buy or sell BAT. This is called spot trading of BAT. If you buy low and sell high, you will make profit. However, this trade only works when BAT price goes up. Further, leverage trading is not possible in spot trading.
BAT margin trading through derivatives addresses these shortcomings. The BAT futures and perpetual contracts enable you to go benefit from both up and down move in BAT. Further, these derivative contracts have built-in leverage, enabling you to trade big with small capital.
Starting trading on Delta Exchange is a breeze. Here’s how you can make your first BAT trade on Delta Exchange:
Delta Exchange offers trading in Bitcoin futures and futures on over 50 DeFi and altcoins. Crypto futures offer all the features of margin trading and are generally superior to margin trade. The futures on Delta Exchange provide: (a) up to 100x leverage vs. 3-5x available in margin trading , (b) ability to go both long, (c) tighter spreads and deeper orderbooks and (d) lower trading fees.
Delta Exchange is a crypto derivatives exchange and supports trading of Bitcoin futures and futures on over 50 top DeFi coins and altcoins. The exchange also offers options on Bitcoin, Ether, Litecoin, Link and BCH. Additionally, Delta lists a wide array of innovative derivative contracts that include DeFi Index futures, calendar spread contracts, interest rate swaps and MOVE options (straddles which can be used to speculate on volatility). The complete list of crypto derivatives that are listed on Delta Exchange is available here.
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