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Exchange Commission
100%
Transaction speed
100%
Reliability
100%
Technical support
100%
working and efficient
The only drawback that I noticed is that during periods of increased trading activity, the platform can become sluggish. Personally, I classify the service as working and efficient.
Deribit for me is the best platform for trading cryptocurrency options. The best, but not optimal. The main complaint is the confusing calculations. For example, the calculations on BTC/USD options are not in the quote currency (dollars), but in the underlying asset (bitcoins). Because of this, the essence of the option seems unclear to many people, and the assessment of profit and risk becomes more complicated.
I started trading on Deribit when the exchange worked without KYC at all. Then they asked for a name and I provided it. And then – at the end of 2020 – the exchange announced that new users must confirm their address when registering, and existing customers will also be required to do so. However, sometime later, I was still not required to confirm my address. I don’t know if it’s a mistake or not, but I still manage to trade with incomplete KYC.
Positive
cryptocurrency options
Minuses
KYC
More honest opinions from real people about the company Deribit
Teresa3 months ago
4.8
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transparent and trader-friendly fee structure
I’ve been trading on Deribit for over a year now, mainly focusing on Bitcoin derivatives. What impressed me right away was the transparent fee system. There are no hidden charges, and every fee is clearly shown — including a breakdown before confirming any trade.
The trading fees are highly competitive... Read more
5 years ago
4.8
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Deribit is one of the few young...
Deribit is one of the few young cryptocurrency exchanges that we did not find any complaints about on the Internet. According to traders' reviews, we understood that they have no problems with withdrawals and payments. Among the advantages of the platform, users highlight insurance and quick account... Read more
working and efficient
The only drawback that I noticed is that during periods of increased trading activity, the platform can become sluggish. Personally, I classify the service as working and efficient.
Deribit for me is the best platform for trading cryptocurrency options. The best, but not optimal. The main complaint is the confusing calculations. For example, the calculations on BTC/USD options are not in the quote currency (dollars), but in the underlying asset (bitcoins). Because of this, the essence of the option seems unclear to many people, and the assessment of profit and risk becomes more complicated.
I started trading on Deribit when the exchange worked without KYC at all. Then they asked for a name and I provided it. And then – at the end of 2020 – the exchange announced that new users must confirm their address when registering, and existing customers will also be required to do so. However, sometime later, I was still not required to confirm my address. I don’t know if it’s a mistake or not, but I still manage to trade with incomplete KYC.