Deribit Removes Futures Trading Fees for year-End Promotion

Deribit Removes Futures Trading Fees for year-End Promotion

THELOGICALINDIAN - Deribit a bitcoin futures and options barter belvedere has removed all trading fees for the blow of 2024 as allotment of a advance to drive added barter to the account

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Deribit CMO Marius Jansen offered a simple account of the acumen abaft the company’s accommodation to abolish trading fees for the butt of 2024.

deribit“We appetite to acquaint our belvedere to anyone absorbed in Bitcoin futures and options trading,” he said. “So we absitively to action chargeless trading until the end of the year.”

According to the exchange, traders angle to accomplish added accumulation on the belvedere now that fees accept been removed, which they anticipate will incentivize bodies to use their service.

Calling itself the “only full-featured Bitcoin futures and options platform,” the company provided columnist with a account of “key features” traders can acquisition on the exchange:

Deribit Faces Competition

Bitcoin-based futures trading is a atypical service, with Deribit actuality one of the aboriginal platforms to accommodate such vehicles. However, Crix, addition bitcoin barter that provides futures trading, stands as antagonism to Deribit.

Crix uses math-based assay to administer portfolio risk, claiming that it gives traders a bigger adventitious at beyond profits. “Real mathematics stands abaft abounding aspects of trading today,” Crix architect Dmitry Koval told Bitcoinist in July. “This includes the animation clay and the Value at Accident adjustment we use at our platform.”

Competition aside, Deribit  said it provides trading casework that cannot be begin elsewhere, and is assured its zero-fee advance will get added bodies to try out the platform

What do you anticipate about bitcoin futures platforms? Have you anytime traded bitcoin futures? Let us apperceive in the comments below!  

Images address of Deribit.