Deribit review

Trading fees are set per side of the book. Takers pay 0.035% and makers pay 0.015%, so frequent trading costs more than passive limit orders. The site median taker fee is 0.2%, and Deribit ranks 24 of 118 on that measure.

Deribit publishes proof of reserves, and 84.1% of the exchanges here do the same. Proof of reserves shows what the platform says it holds, so it is worth reading alongside the operator details: DRB Panama Inc, headquartered in United Arab Emirates.

Support runs through help centre, so most answers come from help centre articles. There is no live chat or phone line in the channel list, which suits traders who are comfortable checking the documentation first.

The spot list covers 38 coins, which ranks 112 out of 172 brands and sits below the exchange median of 74.5. Deribit is built around derivatives, so the long tail of tokens is not what you are choosing it for.

The venue runs through DRB Panama Inc, with headquarters in United Arab Emirates, and it has traded since 2016. It is a cex setup, so you hold a balance with the operator rather than a bank, and a proof of reserves page is published.

For beginners buying coins to hold, the coin list of 38 is short, and derivatives add leverage risk. Deribit suits traders who already understand funding and liquidation and want low costs, with a taker fee of 0.035% against a site median of 0.2%.

Yes, there is a spot side, listed as a cex venue with 38 coins. Derivatives remain the reason most traders open an account, and the schedule of a maker fee of 0.015% and a taker fee of 0.035% applies across the venue.

On fees, ActivTrades lists a taker fee of 0%, which beats Deribit for plain spot trades. If breadth matters more, Bitpanda lists at least from 650 coins. Deribit earns its place through derivatives rather than coin count or the lowest fee.