If you are appalled by the overload hiccups on BitMEX or just want a more professionally inclined derivatives exchange then Deribit is the one you should definitely try. But before doing that do read this post, so that, you can know about the Deribit Referral Program where you can get a 10% discount on trading fees for signing by signing up via our Deribit Affiliate Link.
Additionally, you can invite other people using your own link and earn 20% commissions for 6 months on each trade your referral makes.
Here’s the table with complete details:
|Beneficiary||Period (After Sign Up)||% of Commissions|
|Referrals [new users]||0-6 months||10%|
- 1 Deribit Referral Code: reg-10446.6101
- 2 Deribit Referral Program Explained
- 3 Deribit Bug Bounty Program Detailed
- 4 Deribit Review – A Summary
Deribit Referral Code: reg-10446.6101
No need to enter referral code, just click on the referral link above to get yourself registered on Deribit. New users discount is valid for the first 6 months only.
If you are a beginner trader and are appalled by the professional approach of Deribit then, I suggest you should try BitMEX or Binance Futures first.
Deribit Referral Program Explained
Also known as the Deribit Affiliate Program, this is an excellent scheme where both the invitee and the referrals benefit greatly. Such types of referral programs are very encouraging and engaging as there is something for everyone who takes part. So, let’s start with the details:
Get a 10% Discount for First 6 months:-
If you register on Deribit using our referral link then you will receive a 10% discount on your trading fee for the first 6 months. Here how you get the new user offer reward:
Click on this Deribit Referral Link.
- Fill the Form.
A signup page appears. Fill the form and click on Submit to register on Deribit.
If you sign up on Deribit using the referral link above, you will get a 10% discount on trading fees for the next 6 months.
The 10% discount on trading fees is only applicable if you sign up using the above promotional link.
A direct sign up won’t yield you the mentioned rewards. So, be sure to sign up using the link given above.
Getting Your Deribit Referral Link?
Once you sign up for Deribit, you are by default eligible to become an affiliate partner. Then, you can finally use your Deribit referral link to invite others. So, here’s what you have to do.
- Login to your Deribit Account.
- Click on the “My Account” Option. You can find it under your Profile tab on the right-hand top corner.
- Now click on the “Affiliate” Tab.
- There you can find two affiliate links that you can share to invite others to Deribit.
- The first affiliate link takes the invited person to the Sign Up Page.
- The second affiliate link takes the invited person to the Login Page.
- You can share any of the links as per your will.
Getting Your Deribit Referral Code?
Same steps mentioned above but no need to get your referral code as Deribit have link based referral program. Just share your referral to get awarded.
Benefits For Deribit Affiliate Partner?
By default when you sign up, you become an affiliate partner of Deribit and can share your referral link to earn promotional payout by referring friends, colleagues, family, or someone else to Deribit.
Once you become a Deribit Affiliate Partner and manage to bring some new users to the platform then you get some rewards which are as follows:
- As an affiliate partner, you get 20% of the commissions (from Trading Fee) for the first 6 months after a signed up referral starts trading. This means, for the first 6 months you will get 20% of commissions per referral per trade.
- After the initial 6 months, the commissions are reduced to 10% but the best thing is that, you get this for lifetime.
Deribit Bug Bounty Program Detailed
Apart from the Deribit Referral Program detailed above, there is one more way to earn money on Deribit. But in this case you have to be an expert from researcher community to be eligible. As a researcher, your contributions will be appreciated by giving you rewards for making Deribit aware of security vulnerabilities on Deribit platforms.
The Deribit Bug Bounty Program follows the Bugcrowd’s Vulnerability Rating Taxonomy, in lieu of which you can be awarded anywhere between $50 for P4 Priority bug to $5000 for P1 Priority Bug. There are certain Bounty Rules, Qualifying Bugs and Disclosing Rules which you need to follow in order to win the Bug Bounty Rewards. So, Read carefully before going for the program.
Deribit Review – A Summary
Founded by John Jansen in June 2016, Deribit is a dedicated cryptocurrencies futures and options trading platform that has the same professional standards as a traditional derivatives market. It has been without a doubt, one of the best alternatives to BitMEX, especially for people who are in search for a more professional approach to what BitMEX offers.
Here is a list of features that make Deribit an appealing choice for advanced traders
- Deribit Futures vs BitMEX
Deribit is more professional in it’s interface approach as compared to BitMEX. An example of this is the fact that Bitmex uses isolated margin while leveraging but on Deribit you default on to cross margin while leverage use.
Although, You can also create a sub account and isolate your portion of the margin so that you can leverage on an isolated margin but this is not by default like on BitMEX.
- Little to no server overloads
Deribit aims to maintain stability by offering more servers. You will have no problems of overloads and won’t get locked out especially during time periods of huge volatility. It’s not a 100% perfect but good enough to make orders without any problems.
Deribit stores their BTC in secure Cold Storage Wallets and this makes it less susceptible to website hacks via Internet. So far, Deribit has had no hacking attacks.
- Deribit Exchange
The Deribit Futures Exchange ensures instant order processing in almost a millisecond. It has one of the fastest order fills in any exchange in the industry.
- Deribit App
Deribit also offers a dedicated Mobile app to make trades on the go. With Deribit, you can easily trade on the margin on the go that too with perpetual contracts.
- Deribit Affiliate Program
Also, known as the Deribit Referral Program, this scheme is very beneficial to both the parties which is a really good thing. Usually, in most referral programs only the referrer enjoys the benefits but Deribit has aptly decided to make the program engaging for both referrer as well as the referral.
- Deribit Fees
The trading fees on Deribit is significantly lower than BitMEX. In fact, it is almost half of what BitMEX Offers.
Deribit also provides options trading for BTC and ETH.