About Deribit.com
Deribit.com is an answer to those searching for a professional grade cryptocurrency derivatives platform. The goal was to create an efficient and fair marketplace that could connect traders of all backgrounds and trading styles. High matching engine capacity, low latency, advanced risk management, and high liquidity makes Deribit a unique player in the market.
Deribit started with the ambition of creating the first cryptocurrency options exchange in the world. Even though it was a highly challenging task, in slightly more than two years, the team finished working on system development. In June of 2016, Deribit was officially launched.
Deribit Exchange is a cryptocurrency futures and options exchange, with its headquarters located in Panama City, Panama. Deribit started as a fully dedicated BTC trading platform, however, since then, ETH contracts have been added, and more currency contracts will come.
Currently, the customers can trade perpetual, futures, and options contracts. Deribit is growing rapidly and is among the top exchanges providing crypto futures and perpetual contract trading. Furthermore, Deribit remains the leading exchange offering European style cash-settled crypto options and continues to set the standard for the industry.
Institutional grade cryptocurrency derivatives platform leading the crypto options market. High matching engine capacity, low latency, advanced risk management, and high liquidity make Deribit a unique industry player.
Basic Information
| Exchange | Details |
|---|---|
| Exchange Name | Deribit Exchange |
| Exchange Type | Cryptocurrency |
| Withdraw Fee | Depends on the current state of the Bitcoin network |
| Deposit Fee | Free |
| Maker Fee | 0.01% |
| Taker Fee | 0.05% |
| Maker Fee | 24/7 |
| Top Country | India |
| Website | Homepage |
How To Sign Up & Start Trading
Fees
| Deribit.com has a maker-taker fee model. This means that orders providing liquidity could have different fees versus orders that take liquidity. Fees vary per product and are calculated as a percentage of the underlying asset of the contract. |
| Maker and Taker Orders | ||
| Maker | A “maker” order is an order that adds liquidity to the order book. A maker order is not executed instantly, rather it is placed in the order book. | |
| Taker | A “taker” order is an order that removes liquidity from the order book. A taker order is an order that is executed instantly against other orders upon submission to the exchange. | |
| Contracts | Maker Fee | Taker Fee |
| BTC Weekly Futures | -0.01% (rebate) | 0.05% |
| BTC Futures/Perpetual | 0.00% | 0.05% |
| ETH Futures/Perpetual | 0.00% | 0.05% |
| BTC/ETH Options | 0.03% of the underlying or 0.0003 BTC/ETH per options contract | 0.03% of the underlying or 0.0003 BTC/ETH per options contract |
| Please note: Options fees can never be higher than 12.5% of the options price. For example, if an option is traded at 0.0001 BTC, the taker fee will be 0.0000125 BTC (instead of 0.0003 BTC), therefore 12.5% of 0.0001 BTC. | ||
| Delivery (Settlement at Expiry) | ||
| Futures and options deliveries are charged an additional fee. The weekly futures and daily options are exempt from delivery fees. | ||
| BTC Weekly Futures | 0% | |
| Futures | 0.025% | |
| Daily options | 0% | |
| Options | 0.015% – this fee can never be higher than 12.5% of the option’s value. | |
| Liquidation Fees | ||
| Liquidations are charged an additional fee. Fees are increased by a percentage of the underlying contract size. The additional fee of the liquidation is automatically added to the insurance fund. | ||
| BTC Perpetual & Futures | 0.5%, (0.5% for maker orders and 0.45% for taker orders will be added to the insurance fund) | |
| ETH Perpetual & Futures | 0.9%, (0.9% for maker orders and 0.85% for taker orders will be added to the insurance fund) | |
| Options | 0.19% of the underlying asset or 0.0019 BTC per options contract, 0.16% of the underlying asset, or 0.0016 BTC per contract is added to the insurance fund. | |
| Deposits and Withdrawals | ||
| Bitcoin deposits are credited after 1 confirmation on the network. Deribit.com do not charge fees for deposits. Withdrawals are processed instantly if the balance in hot wallet permits so. They keep only a small percentage of coins in hot storage, therefore there is a chance that your withdrawal cannot be processed immediately. If needed, once a day they will replenish the balance of the hot wallet from the cold storage. | ||
| Withdrawal Fees | Depends on the current state of the Bitcoin network | |
| Deposit Fees | Free |
Values
Deribit Exchange are one of the fastest-growing crypto trading platforms in the world, and they believe that core values are the drivers for this success.
Integrity
Trust of users is essential; therefore, they conduct business with the highest standard of integrity by providing a fair risk management system, equal treatment of all market participants, and advanced security solutions.
Quality of Service
Crypto trading is a borderless, 24/7 process, in which quality of service cannot be compromised. Customers are our most significant value; therefore, goal is to provide an uninterrupted and smooth trading experience. Deribit.com aim to achieve this by continuously scaling and advancing our system architecture, minimizing maintenance times, and providing prompt and multilingual customer service.
Innovation
In the fast-paced crypto environment, innovation is a must. Deribit is a solution-driven company that aims to provide the best trading experience to millions of users, with this ambition rooted in our scalable and high-performance system architecture.
Why Derivatives?
There are many advantages of trading derivatives – lower trading fees, increased leverage, higher liquidity, and easier shorting.
Derivatives trading also allows for more diverse trading strategies. Traders can use derivatives for hedging the risk, arbitrage, or speculative trading.
Technology
Deribit.com secure a high-performing system, it was in development for more than two years before going live.
The framework of the platform was developed to assure the ability to handle vast numbers of requests with low latency. They developed a unique matching engine specifically for Deribit, and all of technology is proprietary.
The incremental liquidation and risk management system have warranted zero instances of socialized losses since launch.
At Deribit Exchange ,believe in the future of cryptocurrencies. It is goal to continue to be at the forefront of the cryptocurrency derivatives market. They envision a future where cryptocurrencies are used by everyone and traded by millions. They are ready for the future, and so is system.