AMSTERDAM, Oct. 29, 2016 /PRNewswire/ -- Deribit, the
only full-featured Bitcoin futures and options platform has
announced the removal of all trading fees for the remainder of
2016.
Photo - http://photos.prnewswire.com/prnh/20161029/434053
"We want to introduce our platform to anyone interested in
Bitcoin futures and options trading,"
Said Marius Jansen, CMO of
Deribit. He added,
"So we decided to offer free trading until the end of the
year,"
Few key features of Deribit trading platform includes;
- Trading plain vanilla European style cash-settled
options on the Deribit BTC index with margin.
- Trading BTC futures that settle on the Deribit BTC
index, with up to 20x leverage.
- Allowance for placing volatility orders, where the Deribit
price engine continuously updates the price of the order as to keep
the implied volatility of the order fixed. With this feature, basic
market making is already possible for any trader opening an account
on the platform.
- Real-time risk management with incremental auto-liquidation: If
an account has a maintenance margin higher than its equity, the
Deribit risk engine will liquidate its position in small steps,
providing maximal protection for all parties involved. Liquidations
are small and instantaneous, again ensuring fairness for
everyone.
- A 100BTC insurance fund to cover bankruptcies. Any
bankruptcy is published in real time on the platform. Deribit aims
to completely avoid socialized losses. The platform's risk
management system is built in
such a way that it is
extremely difficult to go bankrupt even if one tries to do so.
- Trading via REST, Websockets API or FIX bridge.
High-performance API that can handle even hundreds of requests per
second from a single account.
The removal of trading fees on Deribit for rest of the year now
allows traders to make more than usual profits. Interested traders
can register here.
About Deribit
Deribit is a Bitcoin-only derivatives exchange for vanilla
options and futures trading. Deribit has been created as an answer
to those in search for a professional fully dedicated (vanilla)
Bitcoin options trading platform; a service that can create a fully
liquid marketplace with the same standards as a normal derivatives
market.
Learn more about Deribit at
– https://www.deribit.com/
Register on Deribit at
– https://www.deribit.com/login?#/register
Media Contact
Name: Marius Jansen
Designation: CMO
Email: support@deribit.com
Phone: +31208932760
Location: Netherlands
Deribit is the source of this content. Virtual currency is
not legal tender, is not backed by the government, and accounts and
value balances are not subject to consumer protections. This press
release is for informational purposes only. The information does
not constitute investment advice or an offer to invest.
Related Links
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SOURCE Deribit