Crypto Trading Basics: Legal vs Illegal Platforms
34sHigh controversy and practical value for beginners navigating legal crypto platforms in India.
▶ Play ClipThis video provides a step-by-step guide for beginners on how to start crypto trading using the Delta Exchange platform. The presenter covers account setup, KYC, deposits, leverage, order types, and risk management, emphasizing the importance of using FIU-registered platforms in India.
The video addresses beginners who want to start crypto trading from scratch, explaining how to use the app from basics like login and sign-up.
The presenter advises using only legal, FIU-registered platforms in India to avoid legal issues, recommending Delta Exchange, CoinDCX, and CoinSwitch.
The process involves: 1) KYC documentation, 2) Deposit via UPI or IMPS (up to Rs 1 lakh via UPI), and 3) Placing trades.
The account value is shown in both INR and USD (e.g., ₹1,20,000 = $1.42K). The platform displays offers, spot, and futures.
Leverage up to 200x is available, but beginners should start with 10-25x. Experienced traders can use up to 100x with proper risk management.
Market orders execute at current price but may have slippage; limit orders set a maximum purchase price. Maker fees are 0.02%, taker fees 0.05%.
Activating scalper offer reduces fees if you exit within 15 minutes (30 minutes for Bitcoin).
Cross margin uses entire balance to avoid liquidation; isolated margin limits loss to a fixed amount; portfolio margin is for advanced traders.
Charts show price, targets, and stop losses. Indicators like EMA can be applied (e.g., 20 EMA on 5-minute timeframe).
Trades can be modified (e.g., stop loss moved to 2040). Trailing stop loss can be set to lock in profits (e.g., trail by $50).
Options are available for Bitcoin and Ethereum with daily and weekly expiries. Leverage is available for both buying and selling options.
The video concludes by encouraging beginners to practice on Delta Exchange, CoinDCX, or CoinSwitch, and notes that fees are decreasing as competition increases. The presenter offers to make detailed videos for other platforms if requested.
"Title accurately reflects content: a beginner-friendly guide to crypto trading on Delta Exchange."
What are the three steps to start trading on Delta Exchange?
KYC documentation, deposit funds, place trade.
01:31
What is the maximum deposit limit via UPI on Delta Exchange?
Up to Rs 1 lakh.
01:56
What leverage is recommended for beginners?
10x to 25x maximum.
03:37
What are the maker and taker fees on Delta Exchange?
Maker: 0.02%, Taker: 0.05%.
06:38
What is the scalper offer on Delta Exchange?
Reduced fees if you exit within 15 minutes (30 minutes for Bitcoin).
07:04
Explain the difference between cross margin and isolated margin.
Cross margin uses entire balance to avoid liquidation; isolated margin limits loss to a fixed amount.
08:31
What is the advantage of using a limit order over a market order?
Limit order allows you to set a maximum purchase price, reducing slippage and fees (maker fee).
05:13
Which cryptocurrencies are most traded on Delta Exchange according to the video?
Bitcoin, Ethereum, Solana, and XRP.
11:28
Use FIU-Registered Platforms
Emphasizes legal compliance to avoid government issues, a key concern for Indian traders.
00:34Leverage Caution for Beginners
Warns against high leverage (200x) for beginners, recommending 10-25x to manage risk.
03:37Fee Structure: Maker vs Taker
Explains how using limit orders (maker) reduces fees from 0.05% to 0.02%, a practical cost-saving tip.
06:38Cross vs Isolated Margin
Clarifies two margin types: cross uses entire balance to prevent liquidation, isolated caps loss to a fixed amount.
08:31Fees Will Decrease Over Time
Encourages early adoption despite higher fees, predicting reduction as competition increases.
15:56[00:03] So the only query that came to people was that look sir, you are telling us but if we are starting crypto from zero then how can we do it? Because we do not understand what you are saying that this happens like this
[00:18] , that happens like that and all that. Because how to use the app from the basics? How to log in? Look at this, what is login, sign up? You can sign up using the link in the description. First let me tell you a thumb rule. Look, there
[00:34] are many legal platforms when it comes to crypto trading. There are many illegal platforms which are globally illegal. It is illegal in India. Ok? So you will have to look at all these things. What I would suggest is to
[00:51] So what should happen is that you never have the tension that tomorrow someone might ask the government what have you done? If it is there then at least you should be able to say that brother it is an FIU registered company, you yourself have given me the permission, I am doing it there, so what problem do you have, so that such a
[01:03] situation does not arise, I will only tell you about FIO registered brokers show you on Delta Exchange, if you people get a query about telling this on CoinDCX and CoinSwitch then I will tell you but the link of all three will be in the description, if
[01:16] you want you can open your account there and if you open the account through our link then and if you open the account through our link then when you login to the app, what will you see,
[01:31] what things will you have to do. So, first of all, keep in mind that this will happen in three steps. When you go through the referral link below, what will happen next is that your KYC documentation will be done first. Because if there is any Indian company,
[01:44] Indian registered entity then KYC will have to be done first. Then after that you can make the deposit. And after that you will have to place the trade. How can you make a deposit ? You can also do it through UPI. You can also do up to Rs 1 lakh through UPI. And
[01:56] after that you can do it through IMPS etc. This became absolutely clear. The money you are sending is going to Indian Bank only and when you make the payout from that bank, the outside transaction is related to this. The currencies you see
[02:14] may be in dollars and all that. Ok? But keep in mind that it is only visible. There is a visual representation. Your actual money has gone into IAR and has come into IAR only and nothing separate is happening in it. Ok? Now let me show you
[02:29] Ok? Now let me show you let me show you this screen which you can see on the side here, you keep looking at it. Ok? So now what happens in this is that the account value here will be the amount
[02:42] deposited by you. Suppose I have ₹1,20,000 here right now, then 1.2 lakh is visible and in dollars it is visible as $1.42K. Ok? Now here you can see all the offers, spot saddles. Then you got this Bitcoin BTC,
[02:56] which are traded the most. So if we go to the markets, we ? So the most trading is happening in Bitcoin. The most trading is happening in Etheria. Trading is taking place in Solana. River is trading in all this. But you will notice that it is
[03:11] written 200x 200x 100x on the side. What is this thing? This is leverage. What happens in crypto [sound of clearing throat] is that for example, you have let's say ₹1000. So you can't use leverage. It is not necessary that you have to buy Bitcoin worth only ₹1000. If
[03:25] can also buy extra ones. You can use leverage. But keep in mind that they are providing 200x leverage. It is not that you have to take 200x. If you are a beginner,
[03:37] not that you have to take 200x. If you are a beginner, 10 maximum 2025, if you grow beyond that, you are at risk. Ok? Once you become experienced, then you can also hit 100X and if your trade setup is correct then plan SL target
[03:50] etc. accordingly. But initially 20 25 not more than that. And if you are very confident that your direction is perfect then if you want to try it on 50 then do it. Do not use leverage above this. So you can set the leverage like this. You
[04:04] can also enter yours by typing here. Suppose I am getting Rs 25 here for pressing. I want to do 25 to 28. I can do that too. The point is that you can type whatever you want. He will become like that. Ok? So
[04:17] He will become like that. Ok? So you can take leverage as per your convenience. Again telling you the same thing, don't take too much leverage initially. Why? That you have deposited ₹1000. You can check by trading with a trading size of ₹000. Ok
[04:30] ? So you will get leverage. When you trade in the Indian market, you get 5x to 6x leverage roughly. Option buying yields zero. But if you look at option selling or futures, technically it remains 5X of the leverage. So there
[04:43] you have 5X practice. So you can do this leverage up to 10, 15, 20, 25, 30. Look, you will become confident. You can also take trades at 50X. But do you know what happens to them ? He is experienced. I am
[04:58] Taking the target of 2000 points. So this is your basic thing. So you will see all the highest traded items in the market, you don't want to do Bitcoin. Suppose Ethereum has to be done. You came here and
[05:13] clicked on Ethereum. The Atherium opened. Again, set your leverage here as per your convenience and trade the quantity you want to take. Now here in the order window you will see these two things. One market one limit. Ok? So market and
[05:27] limit, suppose you feel that you have to trade in market order. Suppose you want to not make any difference. But suppose you want to buy 500, then if you go to buy 500, then you will see that here in Bud and Ask, quantities like 20, 25, 30, 50 are
[05:41] running. This means that slippage will increase. So what can you do about it? You can limit it. You have crossed the limit. Then the best bit price was fixed. Let's say Then the best bit price was fixed. Let's say I put 52.5. I put 205 2.5 and
[05:55] I put 500 Ethereum here. Aldo, my margin is not that much right now so I will not allow it. Ok? But my maximum purchase price will be this. Ok? want to buy at 2050 only, then also I can place the order. Ok? So I can
[06:11] do that too. So it is possible for me to do this. So here there is a limit, there is a market. Both these things happened. Ok? And then stop limits and stock markets will come into play. But you should keep these two things in mind: market and limit. Market means
[06:24] And if the quantity is less then you can do it. One thing to keep in mind is that there is a slight difference in the fees here. A maker charges 0.2% and a taker charges 0.05%. Ok
[06:38] 0.2% and a taker charges 0.05%. Ok ? So if you hit the market. ? So if you hit the market. Ok? So 0.05% fee is charged and if you want to save a little fee then you can do it by setting a limit, then only 0.02% fee will be charged. So this will be
[06:51] your advantage. You can plan accordingly. Ok? You might also be seeing all this here on Indo. that'll be. And there is a scalper offer. You will activate it. Here you will see the active one. If you activate it, what will
[07:04] happen is that in some cases like Ethereum, if you exit within 15 minutes, If you do the same thing on Bitcoin, there is a window of 30 minutes in Bitcoin. Same thing if you go to Solana, it is back to 15 minutes. So only Bitcoin has 30 minutes. Everywhere else
[07:18] it is 15 minutes only. Ok ? that'll be. This is bye. Similarly, you can do the same thing with cells. Everything will remain the same. Along with taking the trade, you can set your target. You can place as much stop loss as you want.
[07:33] Everything is in your hands. Together you can do it. Ok? Suppose I take a trade to get a sample. Ok ? So I bought five lots in the market itself. Ok ? I placed the order. So
[07:49] what happened now? See below 500 lots of Ethereum BOAT at 200 USD 51.45. Ok? Now when I come to my portfolio here, I can see what is happening with Ethereum. What should I do now? Suppose here a target has to be set.
[08:04] Suppose here a target has to be set. Let's say I set the target at 2099.95, okay? I set a target of 2% above from here. Usually you do n't get this much in the live market but if you want, you can set a target and you can exit
[08:17] Now suppose I see a stop loss of 2030. So I also placed a stop loss of 2030. Ok? So I set both my target and stop loss. That's done. set both my target and stop loss. That's done.
[08:31] that is Main and Cross, what is this thing? Let me explain this to you. If you click on Main, what happens here is which account is being used? Main. Ok? What is available balance? You will see whatever available balance was there. There are
[08:46] three types of margins here. Cross isolated portfolio. What happened to cross margin? Suppose you went long your future and bought the option to hedge. So whatever happens to them, whatever PNL will keep getting offset.
[08:59] So, most of the experienced traders that is being incurred will be counted as your loss. They will keep offsetting each other in
[09:11] that. Ok? And what is leverage? Gradually it will become flexible. Gradually it will become flexible. Suppose you took a trade at 100x but the market started going against you. Ok? And if you have not applied SL etc. then
[09:24] that leverage will automatically increase. So what should happen is that your stop loss should not be triggered. As long as there is balance. So this is crossed. What happened to isolated So this is crossed. What happened to isolated ? Isolated is that suppose you
[09:36] invested $ in a trade and you decided that you will not let the basic loss exceed $1. So it will lock the $ only. That is your trade size. That is the maximum loss you can suffer. And as soon as the maximum loss is reached, the trade will be closed. There is
[09:51] neither any separate margin nor any benefit in it. And there is a portfolio. Ok? So what happened in the portfolio, not in the portfolio margin, basically if you in the portfolio margin, basically if you
[10:06] better for that. But if you trade all types of pairs then cross margin is the You can also put a cross on it if you want. that'll be. Now if you go to the chart for the same thing, you click and the chart opens. Now you can see the same thing on the chart.
[10:21] Ok? Now you can see the same thing on the chart also. You can do it according to your own needs. If you click here on the chart, then
[10:33] The price is also moving. It is also visible where our target is placed. It is visible where the stop loss is placed. Everything is visible on the chart. You can change the time frame of the chart. visible on the chart. You can change the time frame of the chart.
[10:46] the analysis in 1 hour time frame, 2 hour time frame. You have to install the indicator. Come to the indicator. Let's say I apply the moving average exponential here. Ok? So it got stuck here. Now here my 20 EMA was already added.
[11:00] my 20 EMA was already added. I turn on the view. 9 EMA is now. 9 subtracts the EMA. Keep only 20 EMA. So you will notice how the 20 EMA behaves on our time frame. I will come to that in 5 minutes. So this kind of
[11:14] behavior happened. So it is not complicated. It is very simple. Ok? And there is very simple. Ok? And there trade in the top coins. Bitcoin, Ethereum, Solana If someone trades gold then there
[11:28] is PAXG for that. That is a replica token of gold. It would be trades outside of Bitcoin, Ethereum, Solana and XRP. I limit myself to this much only. Ok? that'll be.
[11:43] You can see it in the portfolio right now. Suppose I just felt like this, no friend, this trade doesn't seem right. We either exit it or modify it. So let me keep the stop loss at 2040 no need to take much risk.
[11:58] I place stop loss at 2040 only. Ok? So this also got modified. Now you must be seeing 2040. Same thing, if you come here you have to increase your target further. You can increase it. If you want to take profit on the market then take it on the market. If you want it on limit then the
[12:10] trigger will be on limit here. Put a limit price. You can do that. How much stop loss amount you need to trail. Let's say I invested 50 USD. So if my trade goes into profit then it will continue to trail by 50 USD.
[12:24] Ok? So as it will be, suppose I put 50 USD -50 USD. Ok? So what will he do? The stop loss will continue to trail in this manner. So this can be done like this also. You can explore if you want. Ah, this is a
[12:40] basic overview of Delta on the app. Ok ? Now I will take you to the website for the same thing. ? Now I will take you to the website for the same thing. Because many people will also trade on desktop.
[13:05] same trade that is going on there is visible here. The same stop loss of 2040 which we just modified and the target of 2099 which we just set is visible here. Ok ? Everything appears available to you here. The same amount of Rs 1.2 lakh is
[13:18] visible here also. You can see all the same major tokens. You will go down and you will see portfolio in portfolio. Ethereum is five Ethereum long. visible how much dollar loss is going on right now. Ok? This is all done,
[13:33] you can set the leverage here itself, 5x, 10x, 15x, whatever you want to do, and what was the dropdown on limit and market, you can select it yourself, you have to enter the quantity directly in the market, you will also have to enter the price in the limit, this is simple,
[13:46] you have to keep in mind, okay this thing happened, now this is futures, similarly options can be seen on the app also, you can see options here also, if suppose you prefer to do option selling only, then this is daily expiry, there is
[14:01] expiry on 4th as well, there is expiry on 5th as well as 6th. Then it's next week. So if four are finished then seven will be open. Similarly, the option price of five is also currently prevailing in five. Prices are slightly lower on weekends.
[14:14] Stay more on weekdays. You will have to plan accordingly. So if You will have to plan accordingly. So if you want options, Bitcoin and Ethereum are the Leverage is also available here in option selling. Ok? So here you get leverage even in option selling. If
[14:31] you want to buy, you will have to buy according to the amount required for buying. So you can sell as well as buy. Leverage is available in buying. So what I would suggest is that it would be
[14:43] So what I would suggest is that it would be ? Ok? When you are getting leverage in selling, then it would be best if because if you trade futures, it will
[14:58] this planning can be done. It is seen in this way. So both the app and the website are very simple. It is very simple to use. Try using it. It will be fun and many people are trading. Brother, many people are doing it. When you start trading, okay? So
[15:13] Delta's too. I will leave all three Delta, CoinDex and CoinSwitch. If I get more comments for Coin DCX and Coin Switch, I will make videos for them too. And when you open the link in the group and open the account, then after that you have to
[15:29] mail the details once, your user ID etc. After that, After that, we will send you the access to our crypto group, so then
[15:41] and you can do your trade as per your wish, so keep this thing in mind and if you want, you can try it and see, it is like this that even the Indian Government does not want you to trade much in the Indian market,
[15:56] Try you must have done a lot of things. Try this as well and see. Many people say that it is expensive. Meaning, the charges are higher in this. Look, it is like this that when any new industry comes up, the charges there are higher. There was
[16:09] a time when the burden seemed very high in the Indian market also. As competition increases, the fees keep decreasing. And within a year, fees in crypto have reduced to a great extent. And it will decrease further in the next 1 year. But by then at least you will have finished your
[16:22] practice. So try it and then you will understand. Ok? The link will be in the description. Please do check it.
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