{"id":77525,"date":"2023-04-20T09:52:57","date_gmt":"2023-04-20T06:52:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=77525"},"modified":"2025-09-10T23:48:40","modified_gmt":"2025-09-10T20:48:40","slug":"deribit-to-launch-zero-fee-spot-bitcoin-exchange","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/deribit-to-launch-zero-fee-spot-bitcoin-exchange\/","title":{"rendered":"Deribit to launch zero-fee spot Bitcoin exchange"},"content":{"rendered":"<p>Deribit, the largest exchange in the Bitcoin options space, will launch a spot-trading platform for cryptocurrencies on 24 April.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">? Deribit to Launch Zero-Fee Spot Trading ?<\/p>\n<p>? 24 April 2023, 13:00 UTC <br \/>? Maker 0% \/ Taker 0%.  <br \/>? BTC\/USDC, ETH\/USDC and ETH\/BTC<a href=\"https:\/\/twitter.com\/hashtag\/Cryptoptions?src=hash&#038;ref_src=twsrc%5Etfw\">#Cryptoptions<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ETH?src=hash&#038;ref_src=twsrc%5Etfw\">#ETH<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/USDC?src=hash&#038;ref_src=twsrc%5Etfw\">#USDC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Cryptonews?src=hash&#038;ref_src=twsrc%5Etfw\">#Cryptonews<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/DeribitExchange?src=hash&#038;ref_src=twsrc%5Etfw\">#DeribitExchange<\/a> <a href=\"https:\/\/t.co\/yLveNhbbLd\">https:\/\/t.co\/yLveNhbbLd<\/a><\/p>\n<p>\u2014 Deribit (@DeribitExchange) <a href=\"https:\/\/twitter.com\/DeribitExchange\/status\/1648860101900419073?ref_src=twsrc%5Etfw\">April 20, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The platform&#8217;s main feature is zero fees for <span data-descr=\"A taker is a market participant who executes trades using prices and orders already on the market.\" class=\"old_tooltip\">taker<\/span> and <span data-descr=\"A maker is a trader who places their own bids or asks on the market, thereby creating liquidity.\" class=\"old_tooltip\">maker<\/span>.<\/p>\n<p>Initially, only three trading pairs will be available: BTC\/USDC, ETH\/USDC and ETH\/BTC.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cNow we can offer clients a full spectrum of trading capabilities, including derivatives and spot,\u201d said Deribit\u2019s Chief Commercial Officer Luke Straiers.<\/p>\n<\/blockquote>\n<p>According to him, commission-free trading will be available only \u201cin the foreseeable future.\u201d After a while, the exchange will begin charging fees on trades.<\/p>\n<p>The spot-trading capability will appear seven years after Deribit was founded. Deribit&#8217;s share of the total open interest in Bitcoin and Ethereum options exceeds 90%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"537\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/share-of-open-interest-across-bitcoin-options-1024x537.png\" alt=\"share-of-open-interest across-bitcoin-options\" class=\"wp-image-204882\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/share-of-open-interest-across-bitcoin-options-1024x537.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/share-of-open-interest-across-bitcoin-options-300x157.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/share-of-open-interest-across-bitcoin-options-768x403.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/share-of-open-interest-across-bitcoin-options-1536x806.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/share-of-open-interest-across-bitcoin-options-2048x1075.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Deribit\u2019s share of total open interest in Bitcoin options. Data: <a href=\"https:\/\/www.theblock.co\/data\/crypto-markets\/options\/share-of-open-interest-across-bitcoin-options\">The Block<\/a>.<\/figcaption><\/figure>\n<p>Straiers emphasised that the trading platform will not be available in the United States, Canada, Japan, and <a href=\"https:\/\/www.deribit.com\/kb\/deribit-restricted-countries\">several other jurisdictions<\/a>.<\/p>\n<p>Earlier in November last year, <a href=\"https:\/\/forklog.com\/en\/news\/deribit-crypto-derivatives-exchange-hacked-for-28-million\">Deribit was hacked for $28 million<\/a>. The attackers subsequently <a href=\"https:\/\/forklog.com\/en\/news\/deribit-hackers-transferred-1610-eth-to-tornado-cash\">transferred<\/a> the stolen funds to the Tornado Cash mixer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deribit will launch a spot trading platform for cryptocurrencies on 24 April.<\/p>\n","protected":false},"author":1,"featured_media":77526,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,1409],"class_list":["post-77525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-deribit"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=77525"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77525\/revisions"}],"predecessor-version":[{"id":77527,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77525\/revisions\/77527"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/77526"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=77525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=77525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=77525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}