Questions tagged [deribit]

Martino Thu Sep 05 2024 | 5 answers 1105

Are you asking whether Deribit, the popular cryptocurrency derivatives exchange, conducts Know Your Customer (KYC) procedures? KYC is a standard practice in the financial industry, including the cryptocurrency sector, where exchanges and other financial institutions are required to verify the identity of their customers to prevent money laundering, terrorist financing, and other illegal activities. So, it's quite likely that Deribit, being a reputable exchange, would comply with KYC regulations and require users to provide personal information and documentation for verification purposes. However, it's always best to check the exchange's official website or reach out to their customer support for the most accurate and up-to-date information.

SeoulSerenitySeeker Thu Sep 05 2024 | 5 answers 994

I'm curious to learn more about the Deribit broker program. Can you tell me what it entails? I've heard that it's a popular option for traders looking to expand their reach in the cryptocurrency derivatives market. How does the program work? What are the benefits for brokers who sign up? And are there any specific requirements or qualifications that need to be met in order to participate?

CryptoPioneer Thu Sep 05 2024 | 7 answers 1781

Can you clarify for me what exactly the Deribit funding rate interval is? I understand that it's related to the funding mechanism on the Deribit exchange, but I'm not entirely sure how frequently it's calculated or what factors influence it. Is there a set schedule for when the funding rate is adjusted, or does it vary based on market conditions? Additionally, how does the funding rate play into the overall trading experience on Deribit?

Valentina Thu Sep 05 2024 | 7 answers 1654

Can you tell me more about Deribit? I'm curious about the specific services they offer and how they operate within the cryptocurrency space. I've heard they're a well-known player in the derivatives market, but I'd like to get a better understanding of what sets them apart and what types of financial instruments they specialize in. Are they solely focused on Bitcoin derivatives, or do they offer products for other cryptocurrencies as well? Additionally, I'm interested in their trading platform and any unique features it may have that cater to the needs of professional traders and investors.

DigitalDynasty Thu Sep 05 2024 | 0 answers 0

Hello there, I'm curious about setting leverage on Deribit. Could you guide me through the process? I've heard that it's an important aspect of crypto trading and I'd like to understand how to adjust it effectively. Are there any specific steps I should follow? And what are the potential risks associated with using leverage on Deribit? Additionally, is there a recommended leverage ratio for beginners? I'd appreciate any insights you can offer.