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Terms and Conditions

Last Updated: 23 February 2024

1. Introduction

Welcome to DERIBET (the "Company", "we", "our", "us")! We operate www.deribet.io (the "Site") and offer a derivatives trading platform for cryptocurrency users and traders.

2. Acceptance of Terms

By accessing and using our Site, you agree to comply with and be bound by the following terms and conditions.

3. Eligibility

You must be at least 18 years old to use our Site and services. By agreeing to these Terms and Conditions, you represent and warrant that you are at least 18 years of age. By using our Site and services, you declare and affirm that you are not a citizen or resident of the USA, Iran, Cuba, North Korea, Syria, or any other country or region that is subject to international sanctions or where the activities carried out on this platform are considered illegal.

4. Account Registration

To access certain features of our Site, you may be required to register an account. You agree to provide accurate, current, and complete information during the registration process.

5. User Responsibilities

You are responsible for maintaining the confidentiality of your account information and for all activities that occur under your account.

6. Prohibited Activities

You agree not to engage in any illegal activities or abusive behavior while using our Site and services.

7. Intellectual Property

All content, trademarks, and data on our Site, including software, text, and graphics are owned by DERIBET and are protected by international copyright laws.

8. Liability Limitations

To the fullest extent permitted by law, DERIBET shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising out of or in connection with your use of the Site and services.

9. Indemnification

You agree to defend, indemnify, and hold harmless DERIBET, its directors, employees, and agents, from and against any claims, damages, costs, and expenses, including attorneys’ fees, arising out of or related to your use of the Site and services.

10. Liability Limitations

To the fullest extent permitted by law, DERIBET shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising out of or in connection with your use of the Site and services.

11. Termination

We may terminate or suspend your account and access to the Site and services at any time, without prior notice, for any reason in our sole discretion.

12. Governing Law

These Terms and Conditions shall be governed by and construed in accordance with the laws of the jurisdiction in which DERIBET operates.

13. Contact Us

If you have any questions or concerns regarding these Terms and Conditions, you may contact us through our telegram at @deribet.

14. Deposit Bonuses & Wagering

If you activate a deposit bonus, you must meet the wagering requirement before making a withdrawal. The current requirement is to trade a total volume of 5 times the bonus amount received.

15. Coupon Code Bonuses & Wagering

Upon redeeming a coupon code bonus, you are required to fulfill the wagering conditions prior to initiating a withdrawal. The prevailing condition necessitates trading a cumulative volume equivalent to at least 5 times the value of the bonus obtained through the coupon code.

16. Prohibited Activities

You agree not to engage in any abusive trading, fraud, money laundering, or other illegal activities. We reserve the right to audit trading activity and withhold bonuses and payouts if we suspect prohibited behavior.

17. Anti-cheating and Anti-bot Systems

In addition to the above, please note that the platform reserves the right to employ anti-cheating and anti-bot systems to ensure fair play. The use of such systems may result in the closure of accounts found in violation of our terms. If your account has been affected by such measures, please reach out to us at [email protected].

18. Disclaimers

We make no representations or warranties regarding the accuracy, reliability, completeness or timeliness of any services, content, information or other material provided through the Site. Use of the Site is at your own risk.