Deribit Review

By: Kevin Ott
 on 04-07-18
  Updated: 09-14-18

Overall rating

Commissions & Fees
Customer Service
Trading Tools
Mobile App
Overall Ease of Use
on Deribit's site

Pros

  • Access to the most liquid bitcoin options exchange
  • Bitcoin options are denominated in BTC, so transactions are simple
  • Platform shows current USD equivalent
  • Trading is slick and intuitive, data loads very fast
  • Can trade BTC options usually within one hour of opening account

Cons

  • Currently not available to US residents – must circumvent and say you’re from Canada, Deribit does not verify since trading is anonymous
  • Options markets are not as liquid as they could be
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