Deribit Restricted Countries

Deribit Restricted Countries

Deribit restricts access in specific countries to comply with international laws and regulatory standards, including Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements.

Currently, Deribit does not allow users from the United States (including territories like Puerto Rico and Guam), Canada, Japan, China, Hong Kong, Macau, Singapore, Iran, North Korea, Cuba, Syria, and other listed regions.

As regulatory requirements change, the restricted countries list may be updated. Users should review this list periodically to confirm their eligibility to use the platform.

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Deribit Supported Countries

Deribit is supported in over 160 countries and is a leading platform for crypto derivatives and crypto options globally. It offers unmatched liquidity in Bitcoin, Ethereum and Solana options and futures, making it a top choice for institutional traders. 

While some regions are restricted due to regulatory requirements, users with separate citizenship or entities based in supported regions may still access the platform. 

For instance, a trader based in the USA holding an EU passport could legally create an account using their European citizenship, provided they comply with the rules of the supported region.

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Deribit KYC Requirements

Deribit’s KYC process ensures compliance with global regulations and protects accounts from unauthorized use. Completing KYC is mandatory for trading, deposits, and withdrawals. Here’s a quick look at their requirements:

For Individual Accounts

• Personal Details: Full name, date of birth, nationality, and address.
• Government-Issued ID: A valid passport, driver’s license, or similar document.
• Proof of Residence: A recent utility bill or bank statement (less than 3 months old).
• Financial Profile: Source of funds, account purpose, and expected trading activity.

For Corporate Accounts

• Company Information: Incorporation documents, registration number, and ownership structure.
• Directors and UBOs: Names, residential addresses, and ownership percentages.
• Additional Documents: Proof of registered address and any required licenses.

Deribit’s KYC includes a liveness check to verify identity. Once verified, users gain secure access to the platform, adhering to global compliance standards.

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Deribit Licenses

Deribit has taken a big step forward by securing a conditional Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). 

This license, which covers both spot and derivatives trading, comes as Deribit relocates its global headquarters to Dubai. While the license is not yet fully operational, it marks a key milestone as the platform works to meet the remaining regulatory and localisation requirements.

For now, Deribit continues to serve retail clients through its Panama-based entity (DRB Panama Inc.,), while the Dubai operations will focus on institutional and qualified investors once fully approved.

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About Deribit

Deribit is the top crypto derivatives exchange, commanding 90% market share in Bitcoin and Ethereum options with over $1.9 billion in daily trading volume. 

Known for its best-in-class liquidity, advanced trading tools, and proof-of-reserves transparency, it serves institutional and retail traders. Offering options, futures, and perpetuals, Deribit is the go-to platform for professional-grade crypto trading.

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Bottom Line

Deribit restricts access in certain countries to comply with global regulations, including the U.S., Canada, and China. With operations in over 160 supported regions, it remains a top choice for secure, high-liquidity trading. 

Users should check the restricted list and complete KYC to confirm eligibility and maintain access.