Did you know that India is on track to become a global leader in crypto adoption by the end of 2024? With the rise in crypto users and investments, crypto derivatives—futures and options (F&O)—also play a crucial role in the market. Delta Exchange is emerging as one of the key players in crypto derivatives trading, offering multiple tools and features for Indian traders. 

According to a report by the Financial Mirror, the country will surpass 270 million crypto users by the end of 2024. This data highlights India’s growing enthusiasm for digital assets, and it exceeds the total number of crypto users in Europe and the US combined. 

In another report by TechSci Research, the Indian crypto market was valued at $221.5 million last year and is projected to grow with a CAGR of 6.75% by 2029. 

Source | Projected growth of the Indian crypto market

In this blog, we will discuss the country’s increasing involvement in crypto markets, especially the crypto F&O segment, and how investors are driving tremendous growth in the sector. 

The Rise of Crypto F&O in India 

The global rise of crypto trading has opened up new opportunities in the financial market, with crypto futures and options (F&O) being the key drivers of its growth. Unlike traditional crypto trading, where investors buy and hold assets, F&O trading allows traders to speculate on crypto price movements without directly owning them. With its vast tech-savvy population and enthusiasts alike, Indian traders are playing a crucial role in shaping the F&O landscape. 

Traders are usually drawn to the high–reward potential of crypto markets, and they use crypto derivatives to hedge their digital assets. What sets Indian traders apart is their ability to adopt new financial tools in the growing tech era and their curiosity about trying out advanced trading strategies like crypto F&O.  

As the crypto market matures, Delta Exchange continues to play a critical role, offering features tailored to the unique needs of the Indian market.

Delta Exchange: The Fastest-Growing Crypto F&O Platform

Among the growing crypto exchange platforms, Delta Exchange is one of the leading crypto F&O trading platforms in India today. Recently, in a single day, they recorded the highest trading volume of $300 million in Bitcoin (BTC) and Ethereum (ETH) derivatives. This is a clear indication that Indian traders are actively participating in crypto F&O trading.

Source | Futures trading on Delta Exchange

Source | Options trading on Delta Exchange 

Delta Exchange caters to crypto investors and traders who want to diversify their crypto F&O trading with advanced tech, liquidity, insurance, and risk management to protect the trader’s interest. With Financial Intelligence Unit (FIU) registration, Delta Exchange has become a trusted and reliable platform for growing crypto F&O trading. 

The platform offers traders: 

• User-friendly platform 
• Multiple expiry options (daily, weekly, and monthly)
• Advanced risk management tools 
• INR settlements
• 24/7/365 open market and customer support 

Here’s how traders can deposit and withdraw money on the platform:

For deposits:

1. Log in to your Delta Exchange account
2. Go to the ‘Add funds’ section
3. Add accurate bank account details
4. Once whitelisted by the team, traders can transfer funds to their accounts.

For withdrawals:

1. Log in to your Delta Exchange account 
2. Go to the ‘Withdrawal’ section
3. Specify withdrawal amount
4. Add proper bank account details 
5. Confirm withdrawal by transferring the selected amount.

Traders and investors can easily manage funds on Delta Exchange in an efficient and hassle-free manner by following the above steps. 

You can download the Delta Exchange app from the Play Store or App Store. 

WEEKLY SNAPSHOT ON STRADDLE  PREMIUM – DELTA EXCHANGE 

Note: Last Price mentioned as on 26 Dec, 11:59 PM

Note: Last Price mentioned as on 26 Dec, 11:59 PM

Key Factors Driving the Growth of Crypto F&O

Here are some primary factors that influence the growth of crypto F&O in India: 

Growing market interest & adoption

The digital landscape in India creates a nurturing environment for crypto F&O adoption. With the global awareness of cryptocurrency, both experienced and new traders find access to digital assets via online platforms, exchanges, mobile applications, and other web platforms.

Regulatory clarity 

Regulatory developments have led to significant growth in the crypto F&O sector. The Reserve Bank of India (RBI) lifted the banking ban, providing consumer protection and tax relief that provided traders with the legal clarity needed for crypto transactions. 

Risk Management via hedging

Crypto F&O is used as a hedging tool. Holding crypto F&O contracts allows traders to minimize their losses if the market or prices shift against their original position. 

The Bottomline

India is a home for many tech enthusiasts and financial experts. Over the past few years, the growth in the crypto futures and options domain has been obvious due to the rapid adoption of cryptocurrencies and emerging technologies. With a wider audience open to such new, advanced trading strategies, India is poised to play a bigger and more significant role in the global crypto market. All thanks to the curious traders who are driving the growth of the crypto F&O market due to clear-cut regulations in place, hedging, regulated platforms like Delta Exchange, and a chance of gaining higher returns on investments. 

Visit the website www.delta.exchange for more updates or connect on X. For more details and information about crypto F&O, visit the YouTube channel.  

Disclaimer: Cryptocurrencies are inherently volatile, and investments in the asset class can carry significant risks. The information presented in this article is not intended to be financial advice, and we strongly recommend conducting your due diligence before investing in crypto. 

MFEV, a leading innovator in the blockchain and cryptocurrency space, is excited to unveil its latest initiative: an investment-based referral program designed to reward participants with MFEV coins. With a total of 3.8 million MFEV coins allocated for this program, the company aims to incentivize and reward both new and existing investors as they participate in the ongoing Initial Coin Offering (ICO) rounds.

Investment-Based Referral Program: A Unique Opportunity for Investors

This referral program is investment-based, offering a unique and lucrative opportunity for potential investors to earn additional rewards. Designed to immediately capture attention and foster a sense of opportunity, the program allows participants to benefit directly from their investments in MFEV.

Eligibility Criteria: How to Earn Rewards

To participate, investors need to join the MFEV pre-sale or public round of funding. As part of the rewards program, referrers will earn 2% of the total investment made by the individuals they refer. Both investors and referrers must refer new investors to qualify for the rewards.

The more your referred investors contribute, the greater the number of MFEV coins you will earn from a designated pool of 3.5 million coins. This clear and rewarding structure encourages broader participation, making it easy for participants to see the tangible benefits tied to their referrals and investments.

No Lock-In Period: Flexibility for Investors

A key feature of the program is the absence of a lock-in period for referral rewards. This flexibility is designed to appeal to a wide range of participants, particularly those who may be cautious about long-term commitments. By eliminating any lock-in requirements, MFEV is making it easier for investors to engage with the program without the burden of extended time constraints.

Who Can Participate? Inclusive Eligibility for Maximum Appeal

The program is open to everyone: individuals who have already invested in MFEV, as well as those planning to invest in upcoming rounds. This inclusive approach ensures that a broad spectrum of investors can benefit, expanding the program’s appeal and accessibility.

Disclaimer: First-Come, First-Served Basis

To maintain the program’s integrity and incentivize quick participation, the investment-based reward plan operates on a first-come, first-served basis. Potential investors are encouraged to act swiftly to secure their share of the 3.8 million MFEV coins available as part of the referral reward.

Looking Ahead: Future Promotional-Based Referral Program

While this PR focuses on the investment-based referral program with 3.5 million MFEV coins, MFEV also has plans to introduce a promotional-based referral program in the near future, which will allocate an additional 343,000 MFEV coins. More details on this exciting development will be released soon.

About MFEV

MFEV continues to set the standard in blockchain innovation, with a commitment to empowering investors and expanding access to the benefits of cryptocurrency. Through its strategic initiatives and investor-friendly programs, MFEV is building a more inclusive and rewarding financial ecosystem for all participants.

Website: https://www.mfev.io/

Nearly two months ago multi platinum rapper Lil Pump burst into the degen world of memecoins. After his token was scammed he took over to lead the CTO or community takeover. At first people just dismissed it as just another celebrity cash grab. After all last bull market and so far this year has been plagued with celebrities either rugging their projects or just abandoning them.

But over time the market began to realize Lil Pump was actually serious about this endeavor. He started showing up to random X Spaces and held regular telegram video chats with his holders. He consistently promoted his token and has shown the type of consistent grinding for his community that would make for an ideal project lead celebrity or not. Rather than just bail he’s become more and more immersed into the Solana culture as time has gone on.

About the only thing he hasn’t done yet is release a NFT collection. But he seems to have formed a bond with one artist in particular NFT Demon or Jeremy Ryan. For those unfamiliar Ryan is one of the most well known NFT artists in the world and the largest artist on BNB Chain. He seems to be particularly popular in celebrity circles with confirmed holders including rapper Eminem and celebrity followers amongst his accounts (some which are now suspended for which he’s suing X) that includes Snoop Dogg, John Cena, Justin Bieber, Britney Spears, Lady Gaga, Tommy Chong, and even Lil Pump to name a few.

But Ryan’s story goes so much deeper than art as his artistic abilities were gained through a 4 year run with brain cancer. A recent article by known crypto news outlet Patrol Crypto released just days ago and shared by Ryan and Pump on X had even suggested they do a collaboration in the future. Given as Ryan is 35 and Pump is 23 both to age a year older in August according to their Wikipedia pages it would seem like an unlikely duo. Two entirely different generations working together on a vision. It would also mark the first collection Ryan has done since the last bull market as well as the first celebrity collection since as well.

But perhaps the duo wouldn’t be as unlikely as it would seem. Both are large names in their respective industries and have followers or fans around the world. Both are also known to be controversial figures and not really care much what other people think of them living life to the fullest. Both are known for being uniquely and genuinely themselves. And both have seen grave injustices due to the law enforcement system. But more importantly the two seem to be in communication. On a Spaces session on X Ryan, under his temporary handle cryptodogg420 while his lawsuit progresses was seen the entire time.

But not only that Lil Pumps manager, JB made a comment that really struck out, thanking Ryan for helping share various knowledge and helping promote the token which would suggest at least communication outside of public view with the Lil Pump team. So could these two be working on a collaboration? If so it would be an interesting dynamic. Celebrity NFT collections prior have just been cash grabs and while they pretty much all have minted out they’ve also all died when the celebrity left. They also haven’t tended to utilize big names in the art field. Pumps consistency with Ryan’s name would create two unusual but bullish indicators if they were to do a collection. And the ability to token gate perks bringing Pump closer to the fans could work on a NFT gated basis or a NFT or token gated basis adding value to both.

It would be very interesting to see how it would play out but a collaboration would certainly make sense. But we decided not to speculate. We didn’t have contact information for Lil Pump so we decided to email Ryan and ask directly about his involvement with Pump and if there was a collection on the horizon. To our surprise he responded back rather quickly and made this statement.

“As for a collection I don’t know only time will tell but I’ve made it no secret I have a lot of respect for the efforts Lil Pump is putting in. The reason I turned so many celebrities down last bull run was because they weren’t willing to commit to sticking with the project. Lil Pump has proven that wouldn’t be an issue and he’s down to grind which means his token is bound to go up.” Ryan said, “I wouldn’t turn him down if he wanted to do a collection but our talk has been mostly educational as this market takes a long time to learn. I will say I’ve been impressed by his eagerness to learn as much as he can about this market I’ve been immersed in since 2019. There’s a stereotype of young rappers that they’re all dumb. I haven’t found that to be the case with Lil Pump, he’s both eager to learn and also applies what he learns as he goes. For what small contributions I’ve been able to add to that I’ve been glad because, ultimately, celebrities doing taking the time to learn and also to grind hard for their communities helps everyone in the industry and only moves us closer to mass adoption.”

It would seem from his statement that he’s at least willing to do a collaboration and has great respect for the work Lil Pump has put in. And for an artist known for calling out scammers in particular he gave some pretty heavy compliments. I suppose only time will tell if they’ll work together on a collection but it would be interesting to see. We’ll keep you updated as we find out more.