Deribit, the only trade platform that offers both plain vanilla options on Bitcoin and futures with margin has eliminated trading fees.
Beyond its crypto options offerings, the exchange has set its sights on obtaining a brokerage license in the European Union (EU).
The new spot trading feature will have zero maker and taker fees, meaning there will be no margin for the exchange.
Amid the tightening of regulatory rules in Canada, crypto exchanges are contemplating whether to continue their operations or exit from the country.
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.