Cryptocurrency Q&A What is delta used for?

What is delta used for?

Giulia Sun Sep 29 2024 | 6 answers 1241

Could you please explain in layman's terms what the term "delta" is used for in the world of cryptocurrency and finance? Is it a metric that helps investors and traders make informed decisions? If so, how does it specifically impact their strategies and decision-making processes? Also, is there a specific formula or calculation involved in determining the delta of a particular cryptocurrency or financial instrument? What is delta used for?

What is delta used for?

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