Login Page - Create Account

Support Board


Date/Time: Fri, 19 Apr 2024 16:13:38 +0000



Post From: Can Sierra connect to deribit?

[2020-08-01 19:28:44]
mazzy /| blast - Posts: 54
[quote I thought of asking if there is any news with regards for SC to connect to Deribit Live Trading? Are you able to give an approximate estimate if and when this might become available please?

BitMex more and more are losing ground under their feet, and the latest lawsuits and government investigations don't help matters either, It would be nice to have an alternative Futures CryptoExchange venue available for live trading![/quote]

Up! BiTMEX is a joke. Their exchange is dominantely unreliable on purpose, invoking all sort of technical failures, freezing the markets when the volatility peaks and when it’s time for margin calls and to optimise account bankrupts. Clearly market making. Deribit is not different in that field, taking the other side (as shows their insurance funds that grows based on bankrupcies) but at least they don’t bend the rules with market suspensions as they wish. In that respect, Deribit, despite imperfect, remains way more ethical.

In the end, wish SC could replace BitMEX trading service for Deribit. Personally, I would never use BitMEX again. Too many issues and unfair environnement