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DERIBIT: THE FUTURES AND OPTIONS EXCHANGE FOR CRYPTOCURRENCIES

Deribit is a bitcoin-only derivatives exchange for vanilla options and futures trading.

Deribit has been created as an answer to those in search for a professional fully dedicated (vanilla) bitcoin option trading platform. A service that can create a fully liquid marketplace with the same standards as a normal derivates market. In our view, Deribit is by far the most important proposition that was still missing in the bitcoin world.

In order to secure normal derivates exchange standards, the system has been 4 years in development to assure extreme performance. Basic framework of the platform has been developed in Erlang which (in combination with a massive piece of proprietary software) assures the ability to handle very large numbers of requests with ultra low latency (<1ms). There is simply no other platform available that can guarantee similar performance.

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