The cryptocurrency futures and options exchange Deribit announced it is launching zero-fee trading for users starting from April 24, 2023, at 13:00 UTC.
According to the announcement, spot trading will start with three pairs: BTC/USDC, ETH/USDC, and ETH/BTC.
There will be no maker or taker fees with the zero-fee trading launch, therefore the exchange won’t require any margin. Due to the structure chosen, this model will not offer volume discounts or affiliate or partner sharing.
Deribit stated: “With the addition of spot trading, Deribit now serves a wider range of traders who seek to swap directly between assets with immediate delivery and ownership.”
Luuk Strijers, Chief Commercial Officer at Deribit, added “After years of being the leading crypto derivatives trading platform and ensuring that our exchange has the highest level of security and transparency, we have decided to apply our expertise to spot trading. By adding spot trading to our existing futures and options products, we are now able to provide a fulsome exchange offering that caters to all types of traders.”
Learn More About Crypto Market Updates at The Crypto Times!!
