Deribit, a cryptocurrency derivatives exchange based in Panama, announced today its been integrated into CryptoStruct, which now offers low-latency market data and order entry gateways to Deribit.
Through using CryptoStruct’s high-performance strategy framework, clients can now easily scale their trading activity onto another exchange and thereby benefit from higher revenue potentials.
“By including Deribit to our global exchange coverage, clients can now trade on 10+ exchanges via CryptoStruct’s high-performance product, and we very much appreciate Deribit’s support during the development and connectivity phase.”
– Thomas Schmeling, Managing Director of CryptoStruct
The Deribit team was one of the first to launch European-style cash-settled options on BTC and ETH, and have established functionalities including multi-instrument block trade, market maker protection, and portfolio margin for crypto derivatives.
“We are delighted to partner with CryptoStruct and enable our client base to trade on Deribit using their low latency trading solution. We look forward to supporting the further growth of their business through our joint offering.”
– Luuk Strijers, Deribit’s Chief Commercial Officer