Deribit
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Account replenishment at the Deribit exchange


To start creating an account at Deribit, it is necessary on the main page of the site deribit.com Click on the “No account” function and go to the registration form. Then select the country of residence, enter your email address, and create a password.

Account registration is confirmed by the link in the letter from crypto exchangesThe user is not allowed to make any transactions at all after registering an account. After registering an account, the user cannot deposit money or conduct any transactions at all. First you will need to pass a KYC check.

Fund Deposit

For Deribit users now there is actually only one option to deposit directly, bitcoins to a cryptocurrency account. In the future, the cryptoplatform promises to accept fiat currencies as well, but when exactly is unknown. Accordingly, if the deposit can only be deposited in bitcoins, then the user must already have cryptocurrency wallet with bitcoins and the ability to buy BTC, on another exchange or through exchanger.

In the upper right corner of the exchange site there is a button to enter the user’s personal account, click on the nickname icon to activate the drop-down menu, from which you can go to the “Deposit” page. On this page, you need to generate an address, to which you will need to send bitcoins to make a deposit. You can send only bitcoins, in an amount not less than 0.001 BTC, you need one confirmation for crediting, and you also need to set the commission, enough to make the transaction not last too long. If the commission is low, the money will still get there, it just takes a long time, about an hour or more.

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Exchange Bonuses Registration
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0%

Fee for withdrawal to bank card

As a rule, coins arrive to the account really fast, within a few minutes, but sooner or later there will be a delay in the transaction, despite the fact that the transferred amount is more than 0.001 BTC and the commission is high. Most likely, at this point, the BTC network is overloaded and transactions are waiting to be processed. It’s easy to check this, there are a lot of free services on the Internet that check the state of the blockchain. If the network is really overloaded, there is nothing the exchange can do about it, also an increase in commission will not help, you just have to wait for the confirmation and crediting process to complete.

But if it is obvious that there are no obstacles to crediting bitcoins, you need to contact Deribit support. The address generated in the account must be copied and pasted into the service from which bitcoins will be transferred to the Deribit platform. The address can also be scanned as a QR code. The address is not disposable, you can continue to transfer crypto to it, although for security purposes it is more correct to change the address with each new transfer. But in any case, before you send bitcoins, you need to make sure that the address is correct again. If it is wrong, the coins will disappear. Deribit exchange does not charge a fee for deposits. But it is necessary to take into account the fees charged by third-party platforms from which the user withdraws funds to be credited to Deribit.

Subaccount Tools

At Deribit Crypto Exchange a client can create a subaccount in addition to the main account, which can also be used for trading. A subaccount is an online account subordinate to the main account. You can create a sub-account in the corresponding section of the navigation bar on the left. The main account and the subaccount have different user accounts. Coins to a subaccount are credited from the main account.

A sub-account is created with just one click, it is registered to the same email address, and the username is simply followed by a serial number, starting with one. It is needed to diversify the user’s assets, so that there is no confusion when trading different assets and when using different financial instruments.

Funds from the main account are transferred in the service “Transfer” in the section “Funds”. In the service, select the “Funds to subaccount” option, then select the sender address (primary account) in the “Sender” line, then select “Recipient” (subaccount address), specify the amount of coins to be sent, and click on “Transfer BTC” to complete the transaction.

Buying cryptocurrency

Deribit crypto-platform has an additional function “Buy cryptocurrency”. Coins are purchased through a third-party service Banxa, coins are credited to the user’s account.

To purchase cryptocurrency the user must first generate an address on the deposit to accept bitcoins. Then it will be possible to buy bitcoins for crypto and tokens, the list of which is placed in the menu “I want to spend”, the choice of coins for purchase is quite large. There are nuances to pay attention to when using this service. First, the coins the user wants to buy bitcoins for may not be in the Banxa listing. Second, Deribit is not responsible for any problems that may arise when using a third-party service, you will need to contact Banxa payment service.

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