Deribit

Company Overview

As per the information available, the company provides clients with the opportunity to participate in cryptocurrency trading activities. The clientele consists of seasoned traders from diverse regions. Specializing in BTC derivatives, the company grants access to futures and options.

Details about Deribit

Year of Establishment. Available data indicates that the company has been operational since 2016.

Regulation. Deribit is operated by DRB Panama Inc., a corporation registered in Panama under registration number (Mercantile) № 155684990, Panama City. However, details about the regulator are currently unavailable.

Location. Deribit is registered in the Netherlands under the trade name Deribit B.V. The registration took place on August 15, 2017, at Stationsstraat 2B, 3851NH, Ermelo.

Contact Information. For technical support inquiries, you can reach out via the email addresses: dev@deribit.com (technical support) and support@deribit.com (general information). Additionally, the company maintains a Telegram channel. A contact phone number is not provided.

Trading Terminal. Deribit presents a trading platform catering to options and futures, each priced at $10. An application for Deribit is also available in the AppStore for Android and iOS.

Trading Conditions at Deribit

The company offers an extensive array of options and futures markets concerning bitcoin (BTC) and ether (ETH). Traders have the option to select from perpetual and traditional futures, alongside various options featuring differing expiration dates.

To commence trading, clients are required to register by providing a username, password, and country of residence, followed by email verification.

Account Funding and Withdrawal

To deposit funds into the account, traders can utilize the “Deposit” feature to generate an address for BTC transfers to the Deribit account. Following the processing of the transfer, a single confirmation is necessary before trading activities can commence.

For withdrawals, the process is facilitated through the “Withdrawal” and “My Account” sections, necessitating the provision of a BTC wallet address and withdrawal amount.

Deribit Reviews

Traders must acknowledge the risks associated with cryptocurrency trading and engage in thorough market analysis. Seeking guidance from a financial expert is advisable. Deribit does not extend its services to residents of the USA, Canada, and the Netherlands.

Share your Deribit experience and rate the service on a scale from 1 to 5. Your feedback will assist other traders in selecting the most suitable brokerage platform for their trading needs.

This review has been prepared by the specialists at ExpertsReview.