Post
Topic
Board Exchanges
Re: Deribit moving to panama and adding KYC due to regulation
by
yeethealts
on 11/01/2020, 00:17:51 UTC
at present almost all exchanges ask for kyc verification, I don't really like Kyc verification, but the circumstances sometimes force, if not verifying kyc then the funds will be frozen, By the way, I rarely hear about deribit exchanges, what are the advantages of deribits compared to other exchanges ?

they are a direcy competitor to bitmex, have a solid infrastructure, and didn't require kyc/aml. anyone who uses bitmex knows about services going down during traffic spikes, which deribit corrected (for the most part).


Based on Bybit's history and their open interest vs. volume ratio, I suspect Deribit's volume/liquidity are more reliably real. I don't trust Bybit's reported volume numbers or market depth.

i tend to agree with you on this.