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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.
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.
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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.