Cryptocurrency Q&A
What is move in delta Exchange?
What is move in delta Exchange?
CryptoChieftain
Fri Sep 27 2024
|
6 answers
1589
I'm curious, could you explain what is meant by the term 'move' in the context of delta Exchange? Is it a specific metric, an action traders take, or perhaps a term used to describe a certain market behavior? I'm particularly interested in understanding how it relates to cryptocurrency trading and finance on the platform. Clarifying this term would greatly help me navigate the features and tools available on delta Exchange more effectively.
6 answers
TaegeukChampionCourageousHeart
Sun Sep 29 2024
In essence, MOVE contracts do not discriminate between upward or downward movements in the price of the underlying asset. Their value is solely determined by the magnitude of the price change, regardless of whether it's positive or negative.
Was this helpful?
153
78
Alessandro
Sun Sep 29 2024
This feature of MOVE contracts offers traders and investors a unique opportunity to hedge against volatility without being constrained by the direction of market trends. It allows them to capitalize on price fluctuations, regardless of whether the market is bullish or bearish.
Was this helpful?
267
41
Silvia
Sun Sep 29 2024
MOVE represents a novel class of derivative contracts that operate on a unique pricing mechanism. These contracts are intricately tied to the fluctuations in the value of their underlying assets, namely Bitcoin or Ether.
Was this helpful?
296
61
HallyuHeroLegend
Sun Sep 29 2024
BTCC, as a prominent cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of its users. Among its offerings, BTCC provides access to MOVE contracts, enabling traders to leverage this innovative derivative instrument.
Was this helpful?
297
94
SkyWalkerEcho
Sun Sep 29 2024
The core aspect of MOVE contracts lies in their pricing formula, which is directly proportional to the absolute value of movement in the price of the underlying asset over a predetermined period. This approach sets them apart from traditional derivatives that often rely on the direction of price changes.
Was this helpful?
235
46
Load 5 more related questions
