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Coinbase to Move Institutional Clients to Deribit Ahead of September Migration

Published by
Qadir AK

Coinbase will migrate its International Exchange institutional clients to Deribit, the world’s largest crypto options exchange, on September 9. During the migration, trading is expected to pause for about 30 minutes, with all open orders canceled before positions are settled at the prevailing mark price and recreated on Deribit at the same reference price. Existing API keys and margin loans will not be transferred, and clients who choose not to migrate must close their positions and accounts by August 28.


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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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