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Deribit announces final hours for Island Amplifier rewards promotion
Deribit announced that its Island Amplifier promotion, which offers multipliers on daily rewards for short-dated options trades, will close at 8:00 UTC, with increased rewards for qualifying trades and trading volumes.
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Deribit has communicated that its Island Amplifier promotion is set to end at 8:00 UTC. The promotion provides multipliers on daily rewards for trading short-dated options—one trade qualifies for a 1.1× multiplier, with higher multipliers available for traders reaching specific short-dated options volume thresholds. Additional details, such as the full terms and conditions or eligibility criteria, were not disclosed in the post.
How to participate
To join Deribit's Island Amplifier promotion, new or existing users should ensure they have an account with Deribit. Make short-dated options trades to qualify for the daily reward multipliers and aim to reach specified trading volumes for higher rewards before the campaign closes. For more information or to register, users can visit the official sign-up link.
Deribit is a cryptocurrency exchange established in 2016 that specializes in futures and options trading for assets such as BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform offers a browser-based TradingView terminal with integrated analytics tools, supports leverage up to 50x, and provides fixed commissions below market averages. Security features include two-factor authentication and cold wallet storage for user funds; more information can be found in the broker profile on Traders Union.
For more information, you can read about Deribit's earlier promotion where traders could win prizes by achieving high trading volumes in our previous Deribit update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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