How to Withdraw and make a Deposit in Deribit

Jan 14, 2024

How to Withdraw at Deribit

How To Withdraw Crypto from Deribit

Withdraw Ethereum

Log in to Deribit.com, make sure you have selected Ethereum tab from the upper navigation menu:

From the menu on the right side, under your username click on Withdrawal

Warning: Only withdraw directly to your Ethereum wallet, not to other exchanges. Withdrawing to other exchanges might result in losing your funds.

Click on the Edit button to register new ETH withdrawal address, a popup window will appear, click on Create a new ETH address

Enter your Withdrawal Address, I will use ETH wallet at MyEtherWallet. in the field Address Name I will name in MyEtherWallet

Click on the Create a new address button

Close the popup window and now you are good to go - transfer ETH out from Deribit

Enter the amount of ETH you want to withdraw and click on the Withdraw button

Now is the good time check your email inbox for Link for withdrawal confirmation from Deribit

Confirm from email.

It took less than a minute for funds to arrive at MyEtherWallet.com

Withdraw Bitcoin

The steps for withdrawing Bitcoin from Deribit platform are the same as when withdrawing ETH. Except you should enter your bitcoin address instead of ethereum.

My withdrawal is pending. Can you speed it up?

Lately the Bitcoin network is very busy and many transactions are waiting in the mempool to be processed by the miners. We cant influence the Bitcoin network and thus we cannot speed up transactions. Also we cannot "double spend" withdrawals to be processed with more withdrawal fee. If you want your transaction to be accelerated, please try the BTC.com transaction accelerator.

How to Deposit at Deribit

How to Deposit Bitcoin

Select the “Deposit” tab under “Account” after login.

Copy the deposit address and paste into the platform which you want to withdraw from, or you can scan the QR code to complete the deposit.

This address, as well as all the previously generated addresses, can be used for further deposits. We do not charge a fee for BTC deposits. Don’t send less than 0.001 BTC. The transaction may not get processed.

Your deposit will be credited in a few minutes after 1 confirmations on the Bitcoin network.

Transaction confirmation on the Bitcoin network can take from 1 hour and more if sent with a low fee.

Can I deposit fiat currency like USD, EUR or Rupees etc?

No, we only accept bitcoin (BTC) as funds to deposit. When we are able to accept fiat money, it will be announced additionally. To deposit funds go to menu Account Deposit where your BTC deposit address can be found. BTC can be bought on other exchanges like: Kraken.com, Bitstamp.net etc.