Deribit review

Deribit supported cryptocurrencies

Deribit offers an impressive lineup of 9 different cryptocurrencies, from well-known giants like Bitcoin and Ethereum to a diverse array of intriguing altcoins. With 12 trading pairs available, you have a wealth of opportunities to explore and trade.

Deribit supported fiat

We don't have information yet about whether Deribit supports fiat currencies. If Deribit adds fiat support, we'll update this page automatically.

Deribit deposit and withdrawal methods

Deribit offers a straightforward approach to deposits and withdrawals, supporting Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC) on the ERC-20 network. Before making a deposit, users need to complete KYC verification to generate a deposit address. While deposits are fee-free, withdrawals may incur blockchain network fees that depend on the current network conditions. The platform focuses solely on cryptocurrency transactions, so it does not support fiat deposits or withdrawals. To ensure smooth transactions, it’s important to use the correct blockchain for each supported cryptocurrency.

Deribit loans

Deribit currently does not provide loan products. The platform is dedicated to cryptocurrency derivatives, such as options and futures, making it a great choice for traders focused on these markets. If you are looking for loans, you might need to explore other platforms that specialize in lending services.

Deribit restricted countries

Deribit is unavailable in certain countries due to regulatory requirements. Currently, users from the United States, Canada, Japan, China, Hong Kong, Macau, Singapore, Iran, North Korea, Cuba, Syria, Democratic Republic of the Congo, Iraq, Libya, Panama, Samoa, Somalia, Sudan, and Yemen cannot access the platform. This list may change over time as regulations evolve, so it’s a good idea to stay updated by checking directly with Deribit if needed.

Is it possible to use leverage or margin trading on Deribit?

Deribit allows users to trade with leverage and margin, making it possible to control larger positions using available funds. The platform uses a cross-margin system, where the entire account balance acts as collateral for open positions. For better risk management, users can set up subaccounts to separate funds and control exposure for specific trades.

Deribit Spot Trading

Deribit now offers zero-fee spot trading, allowing users to trade BTC/USDC, ETH/USDC, and ETH/BTC pairs without any maker or taker fees. This addition complements the platform’s existing futures and options, providing a simple way to trade assets directly while keeping costs low.

Deribit Earning Services

Deribit doesn't provide specific earning services like staking or interest accounts. However, users can explore potential returns through trading strategies such as options and futures. It's important to understand these tools and consider your risk tolerance before diving in.

Deribit OTC Trading

Deribit offers an OTC trading service that allows users to execute large trades directly with counterparties at agreed prices. This service is ideal for institutional investors and high-net-worth individuals looking to trade significant volumes privately and efficiently, without affecting market prices.

Deribit Fees

Deribit has a straightforward fee structure. Makers enjoy a 0% fee for futures and perpetual contracts, while takers are charged 0.05%. For options trading, the fee is 0.03% of the underlying asset, with a cap of 12.5% of the option's price. Spot trading is currently free for BTC/USDC, ETH/USDC, and ETH/BTC pairs. Since fees may change, it’s a good idea to check the latest details directly on the platform.