Deribit is a cryptocurrency exchange launched in 2016 and based in Amsterdam. This article will show the best Deribit alternatives, so without further ado, let’s jump into details.
👛 Ease of Use – Medium 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – None
Delta Exchange is one of many Singaporean platforms offering trading on crypto-based derivatives. It offers a broad range of derivative assets for trading.
Delta Exchange offers a comprehensive range of both innovative and traditional cryptocurrency derivatives. Their goal is to provide sophisticated derivatives markets to both retail and institutional investors. They have achieved this with fast execution machine, high leverage and innovative promotions and giveaways to lure in new users. ⚡️ Deposit fees: Free ⚡️ Withdrawal fees: Vary from crypto to crypto ⚡️ Trading fees: 0.05% – 0.15% ⚡️ Payment Methods: Only crypto ⚡️ Supported fiat: None
It offers traditional and perpetual futures contracts for Bitcoin. Up to 100x leverage It provides live support
Liquidity for several trading pairs is not sufficient
👛 Ease of Use – Medium 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, AUD, RUB
Binance is widely considered the largest cryptocurrency exchange in the world. It was launched in July of 2017 and in a short period of time became the exchange with the largest trading volume with more than $10 billion on a daily basis.
How did Binance become so big so quickly? There are various reasons – low trading fees, professional attitude, the large number of cryptocurrencies supported by the platform, and friendly and transparent CEO. Some of the features available on Binance are Earn (locked and fixed savings, DeFi staking, and yield farming), Pool (join their mining and staking pools and earn rewards for keeping your chosen blockchains safe), Liquid swap, Liquidity pools, Automated trading bots, spot trading, futures and margin trading, and P2P trading.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: Vary from crypto to crypto ⚡️ Trading fees: 0.1% ⚡️ Payment Methods: Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more ⚡️ Supported fiat: USD, EUR, GBP, AUD, RUB, and 15+ more
High liquidity It supports a large number of crypto assets Widely considered the largest crypto platform Various advanced features and services One of the lowest fees among top exchanges
Not available in the US Not fully registered Hacked in 2019
👛 Ease of Use – Medium 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, CAD, AUD
Bitcoin Mercantile Exchange, or BitMEX, is a margin trading platform owned by HDR Global Trading Limited. HDR was founded in 2014 by three experts in the market – Arthur Hayes, Samuel Reed, and Ben Delo.
In the last couple of year, Bitmex got some competition to deal with – primarily from Bitfinex and PrimeXBT but also “regular” exchanges like Binance and Kraken adding leveraged trading to chop away from Bitmex’s pie.
👛 Ease of Use – Easy 👛 Fees – Low 👛 Verification – 1 day 👛 Reputation – Trusted 👛 Supported fiat – USD, HKD, GBP, EUR, and more
FTX is a widely popular crypto exchange since it is the top15 in the world when it comes to daily trading volume. The platform focuses mainly on crypto derivatives and has a catchy slogan ”made by traders, for traders”.
FTX was launched in 2019 so it is still a relatively new player on the market. The exchange is owned by FTX Trading LTD. It is based in Hong Kong, HK. The exchange offers a variety of trading services such as perpetual futures, bitcoin options, MOVE contracts, spot trading, leveraged tokens, OTC desk, and oil futures.
Three major factors assure the stability and trustworthiness of the FTX platform and those are Alameda research, the FTX team, and the list of partnerships.
All exchanges mentioned in this article provides a valid alternative to Deribit. Binance and FTX stand out.
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As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge.
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