Deribit, the only trade platform that offers both plain vanilla options on Bitcoin and futures with margin has eliminated trading fees.
Officially launched in June 2016, Deribit has grown exponentially to offer perpetual, futures, and options contracts on Bitcoin, Ethereum, and many other digital assets.
Deribit’s hot wallet compromise is the latest hack to raise concerns about the security of crypto exchanges.
As per sources familiar with the matter, the existing shareholders are to raise their stake in Deribit at a discounted valuation following the recent market turmoil.
The partnership between the Deribit and ML Tech platforms that came into effect in early October shows promise in becoming one of the most productive partnerships in the crypto market.
Take a look at how traders can get a discount if they book their Bitcoin options purchased a month back.
The latest frenzy around the Yield Farming DeFi protocol on Ethereum has got more investors lured to the Ethereum blockchain. Investors are hopeful that with the DeFi craze, ETH price will surge northward.
After climbing an impressive $440 open interest in June, CME Bitcoin futures recently hit a new record high. Deribit has larger figures.
Bitcoin (BTC) options contracts worth about $1 billion are set to expire tomorrow. The open interest of the options contracts striking prices is set to be between $10,000-$11,000.
A massive surge in cryptocurrency derivative trading shows that institutional interest in the crypto market is again going up. The crypto derivatives volume increased by 32% in May in comparison with the previous month.
Bitcoin (BTC) price has managed to jump above the $7,200 levels within the last 24 hours but now BTC is trading below $7,000.