Deribit Removes Futures Trading Fees for year-End Promotion
Deribit, a bitcoin futures and options exchange platform, has removed all trading fees for the rest of 2016 as part of a promotion to drive more customers to the service. Deribit CMO Marius Jansen offered a simple explanation of the reasoning behind the company’s decision to remove trading fees for the remainder of 2016. “We want to introduce our platform to anyone interested in Bitcoin futures and options trading,” he said. “So we decided to offer free trading until the end of the year.” According to the exchange, traders stand to make more profit on the platform now that fees have been....
Related News
Cryptocurrency futures exchange Deribit has partnered with CryptoTaxCalculator in a bid to simplify tax reporting for traders. The CTC tool is easy to use and can directly import transaction data from Deribit and automatically generate your tax reports. With tax season upon us, the deadline being May 17 for US citizens, CryptoTaxCalculator has an enticing […]
The world’s largest cryptocurrency exchange will squash spot bitcoin trading fees starting July 8 as it celebrates its fifth year of operation.
BTC China has become the world's first major bitcoin exchange to scrap its trading commission fees, albeit temporarily. The company, which launched in June 2011, was charging 0.3% for all trades made on the site before taking the decision to run a promotion eliminating this fee. "We already deliver an outstanding consumer experience, and with this promotion, we will now also offer superb value. The future is bright, for bitcoin in China," said Bobby Lee, CEO of BTC China. He explained the promotion will continue to run over the Chinese National Day holiday, but could not confirm its end....
Bitcoin derivatives markets have been seeing significant demand in recent months at the same time bitcoin spot markets climbed to all-time price highs and surged 149% during the last three months. Just recently the leading bitcoin options exchange Deribit announced the launch of both $120k and $140k strikes, and data from skew.com shows some June futures are swapping for $30k. Crypto derivatives have been hot in 2020, as demand has skyrocketed on various trading platforms this year. At the end of November, CME Group outpaced the competition and became the world’s largest bitcoin....
Upstart crypto exchange LVL wants to take on U.S. giants by removing trading fees. The move comes as bitcoin touches new all-time highs.