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Deribit to consolidate Coinbase International Exchange as sole global derivatives venue on October 1

Deribit to consolidate Coinbase International Exchange as sole global derivatives venue on October 1
Coinbase consolidates derivatives with Deribit

On October 1, Coinbase International Exchange will be consolidated into Deribit as the sole global derivatives platform for Coinbase, with Deribit implementing planned platform and infrastructure upgrades beginning at 9:00 AM UTC.

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Coinbase International Exchange is set to be consolidated into Deribit on October 1, with Deribit becoming Coinbase’s single global derivatives venue. According to the announcement, Deribit will initiate a planned migration process that includes platform and infrastructure improvements starting at 9:00 AM UTC. The post did not disclose additional details regarding the migration process or the specific nature of the announced improvements.

Deribit is a cryptocurrency exchange established in 2016, focusing on futures and options trading in digital assets such as BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform offers a browser-based TradingView terminal, supports mobile apps, and provides trading features including leverage up to 50x and various order types, with fixed commission rates below market average. Security measures include two-factor authentication and cold storage for user funds, while customer support is available via email and the official Telegram chat. For more details and an in-depth review, visit the full broker profile on Traders Union: full review on Traders Union.

For context, you can read our earlier news about Deribit, which covered the launch of USDC-settled perpetual futures on various assets, including pre-IPO contracts and Deribit's recent platform upgrades, providing background for the latest developments.

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