According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
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- TradingView
- Fixed trading fees (independent of trading volume), high leverage, different order types (including protective orders), and withdrawal fees are determined by the network
Our Evaluation of Deribit
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Deribit is a high-risk cryptocurrency exchange with the TU Overall Score of 2.96 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Deribit clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
Deribit is an easy-to-learn cryptocurrency exchange that allows you to trade futures and options on favorable terms. No fiats, only BTC and the most popular altcoins. The platform has a multi-level protection system, and it is fast and reliable. The trading commissions are quite attractive. There are no additional withdrawal fees, just standard network fees.
Brief Look at Deribit
The Deribit cryptocurrency exchange was launched in 2016. The platform offers futures and options trading; BTC (₿), ETH (Ξ), USDC (₮), SOL, XRP, LUNA, and AVAX are also available. There are limit, market, stop loss and take profit orders. The maximum leverage is 50x. Trading is made through the TradingView browser terminal, there is a mobile application for iOS and Android. Commissions are fixed, below average is 0.03% for an option contract For perpetual futures commissions are 0.00 / 0.05% for maker and taker, respectively. The platform has not implemented passive income opportunities, except for its bug bounty program, according to which you can get a one-time bonus for finding errors in the platform operations.
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- simple and functional TradingView terminal with integrated technical analysis tools;
- the platform is active 24/7 and is characterized by a high speed, impeccable level of optimization;
- commission fees are below the average for the market, and do not depend on the trading volume of the trader;
- you can trade with leverage up to 50x, different types of orders are available, and stop loss and take profit orders are possible;
- the exchange has two-factor authentication, and 99% of user funds are stored in a cold wallet;
- deposits and withdrawals of cryptocurrencies traded on the stock exchange is available using various types of electronic wallets;
- The Deribit exchange website has a FAQs section and an extensive article explaining the basic mechanisms of cryptocurrency trading.
- the functionality of the exchange is exclusively for active trading, the platform does not offer passive income options;
- all trading options are limited to the following assets: BTC, ETH, USDC, SOL, XRP, LUNA, AVAX, and no fiats;
- the company does not have a call center, and communication is only by email and through the official Telegram chat.
TU Expert Advice
Financial expert and analyst at Traders Union
The Deribit cryptocurrency exchange is exceptionally convenient for beginners and experienced traders. It uses the TradingView web terminal with standard functionality, which includes basic technical analysis tools, including dozens of indicators.
The key feature of the platform is that it has only futures and options. There are limit and market orders, and six basic types of market actions. Stop loss, take profit, and other orders connected to risk management are available.
Most traders are attracted by low fees that do not depend on trading volumes, which is not typical for cryptocurrency exchanges. That is, a beginner receives at the start the same commissions as a user who has been trading at the platform for several years. On top of that, the “minus” commission of -0.01% is available to the maker for weekly futures.
The operation of the platform is transparent, trading data is open. Take into account that the Deribit exchange is not subject to any external regulator (this is true for all crypto exchanges). It has its own insurance fund. The protection system is classified as fully meeting modern standards.
As a result, the exchange can be recommended for cooperation of traders of all levels, as on the whole, it offers favorable trading conditions. Special advantages in the form of rebates are given to users who have registered through the Traders Union.
- You're interested in high leverage trading on Bitcoin (BTC) and Ethereum (ETH) products. Deribit offers access to high leverage, allowing traders to amplify their exposure and potentially increase profits.
- You value a sophisticated and feature-rich trading terminal. Deribit's platform caters to both beginners and experienced traders, providing advanced strategy tools and a seamless trading experience.
- You require a broader range of cryptocurrency pairs beyond BTC and ETH contracts. Deribit primarily focuses on BTC and ETH products, which may limit your trading options if you're seeking exposure to other cryptocurrencies.
Deribit Summary
| 💻 Trading platform: | TradingView web terminal |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | BTC, ETH, USDC, SOL, XRP, LUNA, AVAX |
| 💵 Deposit / Withdrawal: | Any electronic wallets |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | Up to 1:50 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Futures: 0,03%-0,05% |
| 🔧 Instruments: | 2 supported coins, Futures, Options. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | No data |
| ⭐ Trading features: | Fixed trading fees (independent of trading volume), high leverage, different order types (including protective orders), and withdrawal fees are determined by the network |
| 🎁 Contests and bonuses: | Bug Bounty and bonuses from the Traders Union |
The experts estimate Deribit's fees as one of the lowest in the market. However, commission fees are not the only characteristic of a crypto exchange that must be considered when choosing a platform. Other criteria are: trading platform, minimum deposit, available deposit and withdrawal channels, etc. The main indicators of Deribit are shown in the table below.
Deribit Key Parameters Evaluation
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Regulation and safety
With a 5.75/10 score, Deribit demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- 2FA
- No successful hacks history
- Cold wallet storage
- Investor protection fund
- Not U.S regulated
- No facial recognition
- Not government-regulated
- Not tier-1 regulated
Deribit Security Factors
We also compared Deribit against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Deribit | OKX | Kraken | |
| Tier-1 regulation | No | No | Yes |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | Yes | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is Deribit a regulated crypto exchange?
Deribit is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Deribit is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at Deribit?
Yes, KYC verification is mandatory at Deribit. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Deribit available?
Deribit complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Ukraine, Canada, Iran, Islamic republic, Japan, Azerbaijan, Moldova, Georgia, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Deribit support.
Is Deribit available in the USA?
Yes, Deribit is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Deribit commissions and fees
Deribit received a 7.5/10 score for its trading fees. While Deribit is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Futures fees above industry average
- Withdrawal fee may be applied
What are Deribit trading fees?
We analyzed Deribit’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Deribit trading fees vs competitors
| Deribit | Industry average | |
| Spot, maker fee (%) | 0 | 0.15 |
| Spot, taker fee (%) | 0 | 0.194 |
| Futures, maker fee(%) | 0,03 | 0.024 |
| Futures, taker fee(%) | 0,05 | 0.053 |
What are Deribit deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,0005 BTC 0,01 ETH 1 USDC |
Does Deribit offer P2P trading?
No, Deribit does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
Deribit received a 2.5/10 rating for its deposit and withdrawal services. Deribit offers limited funding options and may charge fees, which could be inconvenient for many users.
- No deposit fees
- Many cryptocurrencies for deposits and withdrawals
- Withdrawal fee applies
- No support for bank card payments
- No PayPal option
Deposit and withdrawal options
Deribit supports the following deposit and withdrawal options: Crypto.
Deribit Deposit and withdrawal options vs competitors
| Deribit | OKX | Kraken | |
| Bank transfers | No | No | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | No | Yes |
What is Deribit minimum deposit?
The minimum deposit at Deribit is 5 USD/USDT or 0,00001 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Deribit minimum deposit vs competitors
| Deribit | OKX | Kraken | |
| Minimum deposit, USD or USDT | 5 | 10 | 10 |
| Minimum deposit, BTC | 0,00001 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 10 | 0,00001 | 1 |
Does Deribit support fiat money?
Deribit does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
Deribit received a score of 3/10 in this category, indicating a modest offering of assets and markets. While Deribit covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Crypto options available
- Crypto futures available
- Fiat currencies not supported
- NTFs not available
Deribit supported coins and markets vs competitors
We compared Deribit with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Deribit | OKX | Kraken | |
| Supported coins | 2 | 329 | 278 |
| Futures/Perpetual contracts | Yes | Yes | Yes |
| Options | Yes | Yes | No |
| NFTs | No | Yes | Yes |
Deribit passive income options vs competitors
We also compared Deribit with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Deribit received a score of 7/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Advanced tools and automation with API
- Positive user feedback on the iOS app
- Mobile indicators allowed
- App data protection with 2FA
- No Face ID
- No access to Copy Trading
- No access to TradingView features
Trading apps
Deribit provides web and mobile apps for both Android and iOS users, with an average rating of 5 on the App Store and 4,2 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Deribit platform is for mobile use.
| Deribit | Bybit | |
| 2FA | Yes | Yes |
| Face ID | No | Yes |
| Mob Indicators | Yes | Yes |
| Alerts | Yes | Yes |
| Advanced Orders | Yes | Yes |
| Trading with bots | No | Yes |
| API | Yes | Yes |
| Extra trading platforms | No | MT4 |
Does Deribit offer a desktop app?
No, Deribit does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Deribit offer advanced charting with TradingView integration?
No, Deribit does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Foundation date | 2016 |
|---|---|
| Registration address | Netherlands, Ermelo, Stationsstraat 2B, 3851NH |
| Official site | https://www.deribit.com/ |
| Contacts |
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