Delta Trade, a cryptocurrency derivatives alternate, introduced in the present day the launch of name and put choices for Solana’s SOL and Cardano’s ADA. These new choices add to the listing of choices already obtainable on Delta Trade together with BTC, ETH, XRP, BCP, and BNB.
Every day maturities at the moment are obtainable on SOL and ADA with weekly and month-to-month maturities to comply with.
Choices contracts give holders the fitting to purchase or promote the underlying asset at a predetermined value on a predetermined date sooner or later. The benefit of choices is that the client has the fitting however not the duty to train the choice. Holders of choices will solely train if worthwhile on the train date.
“We’ve got seen a gradual improve in demand from buyers so as to add name choices for Solana over the previous few months. That is unsurprising given the stellar month the worth of SOL has had, reaching a brand new all-time excessive with greater than $2 billion locked simply final month. From all indications in the course of the bull run, we additionally count on to see ADA posting a rise in worth within the coming weeks.”
– Pankaj Balani, CEO of Delta Trade