Deribit

Deribit

  • Netherlands

  • Full trading platform

  • Deribit.com

  • Since 2024

Deribit
In Social Media:
Complex Ease of use,  Enough secure,  Anonymously trading

Volume 24H: BTC Futures 2490/24h

Deribit is a Bitcoin exchange platform that offers advanced features like the possibility of trading BTC futures with up to 20x leverage or European vanilla options with up to 10x leverage. Their servers are fast, stating that they run on a high-speed matching engine that has less than 1ms latency. Another important aspect about Deribit is the fact that they provide real-time liquidation.

Deribit is a fully dedicated Bitcoin futures and options trading platform, being mostly intended for advanced users who have had previous experience with trading platforms. The user-interface provides several advanced functions like placing volatility orders or fixed USD orders for option trading. Due to their real-time risk management, bankruptcy is very unlikely.

Crypto Currencies Support

Language Support

  • Chinese
  • English

Country Support

  • Australia
  • Canada
  • China
  • European Union
  • Hong Kong
  • Japan
  • Most Africa
  • Most of Asia
  • Most of Eastern European Union
  • Most of Latin America
  • Most of the Middle East
  • New Zealand
  • Norway
  • Russian Federation
  • Singapore
  • Switzerland
  • Turkey
  • United Kingdom of Great Britain and Northern Ireland
  • United States of America

Platforms Systems

  • Web Interface
  • Mobile App
  • API

Stock Market Options

Interface
customisation:

  • Allows customization of charts
  • Allows the movement or resizing of boxes

Advanced
Options:

  • Limit Order
  • Stop Order
  • Post Only Order
  • Hidden Order
  • Immediate or Cancel IOC
  • Fill or Kill
  • Good till canceled order (GTC)

Discounts For
The Big Traders:

  • Reduced Maker fees

Special
Services:

  • Margin Trading x20

Deribit offers some neat user account security options like the IP Pinning option, that can automatically close an established session if it detects user's IP change. Another option is the Safe Session Duration, which defines the amount of time a session will remain active in case there is no activity in the session. Also they state that 90% of users' Bitcoins are locked safe in cold storage.

Summary:

2 Factor Authentication
Yes
Funds Insured
3rd party insurance
Private Keys Stored On
Exchange platform
Storage Type
At least 80% of user funds are stored in cold storage

Advanced Security Features:

  • Email reports of logins
  • Monitor bahavior patterns for suspicious activity
  • IP Pinning
  • Safe Session Duration

Deribit was founded by John Jansen in 2016 and is based in the Netherlands. His purpose was"to give market makers the possibility to add or edit hundreds or even thousands of orders in a second with a minimum latency." The platform was in development for more than 2 years to assure the best performance before going live.

Summary:

Although it has numerous advanced trading features and is one of the the few exchanges that offers support for trading BTC Options and BTC Futures, there is very little information available regarding user experience with this platform. We do not recommend users store large Bitcoin assets with Deribit, at least until its credibility becomes more well-established on the market.

Ease of use
Complex
Transaction Fees
0-0.09%
Deposit/Withdrawal Fee
It's free (fees may be hidden)
Deposit/Withdrawal Fee c For Bank Transfer
N/A
Deposit/Withdrawal Fee For Credit Card
N/A
Deposit/Withdrawal Fee Charged For 3rd party Payments
N/A
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Send/Receive Crypto

Functionality:

The platform provides real-time liquidation and risk management and the minimum order size is of 0.1 Bitcoins. Deribit exchange matching engine is based on “first come first serve” principle. Orders execute in price-time priority as received by the matching engine after passing risk engine checks.

Most common
customer complaint:

n/a