DERIBIT..ONLINE CRYPOCURRENCY EXCHANGE PLATFORM

Deribit was founded in 2016 and is a Bitcoin-based trading platform currently based in the Netherlands. This platform specializes in Bitcoin trading. Deribit is available to traders worldwide looking for a trustworthy and transparent exchange. Deribit stands out from the crowd in the crypto derivatives trading industry. The reason for this is that they offer their traders the ability to trade Bitcoin options. This big exchange offering Bitcoin options makes Deribit an instant favorite for numerous crypto enthusiasts. Deribit offers its clients a zero fee deposit, a great trading platform, and 100x leverage. So you can easily begin to understand why the exchange platform ticks all the right boxes. The team behind the Deribit project came about the platforms’ unique name by combining letters from two words. The words “Derivatives” and “Bitcoin” were added to form the word “Deribit”. This name suits the company well. Especially since the exchange allows its members to deposit, withdraw and trade on its very powerful web-based platform using Bitcoin. There is nothing complicated about funding your Deribit account as the exchange platform allows users to fund their trading account using only Bitcoin. This depositing process incurs no transaction fees and is pretty straightforward to carry out. All you need to do is to head over to your Deribit account and click on the “Deposit” button to generate a Bitcoin wallet address. Then you make the Bitcoin transfer to the wallet address. Straight forward If you don’t have Bitcoin you’ll have to buy Bitcoin before using Deribit. You can always head over to one of the popular exchanges like Coinbase to convert your FIAT currency to Bitcoin. You can also check our list of the most popular exchanges for buying Bitcoin.