Deribit crypto options exchange adds spot trading with zero commission

Apr 21, 2023
Thanks to spot trading, traders will not need to exchange cryptocurrencies on other platforms. At the same time, it will be possible to create complex strategies with multiple legs in one place.
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Deribit announced that the launch of the new platform is scheduled for April 24. Traders will be offered 3 pairs: BTC/USDC, ETH/USDC and ETH/BTC. This function will have zero maker and taker commission, which means there is no margin for exchange. Makers create orders and wait for their execution, and takers take liquidity at the expense of available orders.

At the moment, the value of Deribit options is $13 billion. Users will be able to buy and sell BTC, ETH in one place in addition to trading derivatives. In addition, traders will be able to create complex step-by-step strategies that include options and futures contracts, including the spot market.

Luuk Strayers, Chief Commercial Officer of Deribit, noted that thanks to the new feature, the platform will become a comprehensive set of solutions for spot trading and derivatives. The platform will also serve as an exceptional tool for exchanging BTC and ETH with zero costs.