Deribit has gained prominence for its crypto futures andoptions trading platform since its launch in 2016 and has a traded volume of $584 B.

Despite its extraordinary offering, you may choose to cut ties with the Deribit account. The reason could be anything but understanding the account deletion procedure is crucial.

Follow our concise instructions to ensure a smooth and hassle-free account deletion experience, while managing all your digital assets properly.

 

What to Do Before Deleting Deribit Account?

1. Close Open Orders: Avoid any unintended transactions by closing all open orders on Deribit. This precautionary measure guarantees that your account closure is executed without any lingering financial commitments, providing a hassle-free account termination experience.
2. Withdraw Funds: Before deleting your Deribit account, ensure a smooth transition by withdrawing any remaining funds. Navigate to the withdrawal section, follow the platform’s withdrawal process, and confirm the transfer of your assets to your designated wallet or bank account.

 

Deleting stored information adds an extra layer of security, minimizing your digital footprint and maintaining confidentiality.

 

How to Delete Deribit Account?

If you’ve chosen to part with your Deribit account, wrapping up your association is a straightforward and effective process.

Simply adhere to the following steps for a smooth and effortless farewell.

 

Step 1:Login to your Deribit Account

Access your Deribit account using your credentials on the platform’s website ensuring you’re logged in to the correct account associated with Deribit.

 

Step 2: Click on the Chat Icon in the Bottom Right Corner

Locate the chat icon positioned in the bottom-right corner of the interface; typically, it resembles a speech bubble or chat symbol.

 

Step 3: Click on the Chat Bar and Write “How Do I Delete My Deribit Account”

In the chat window, type the inquiry “How Do I Delete My Deribit Account?” to initiate a conversation with Deribit support regarding the account deletion process.

 

Step 4:Copy the Provided Email Address

Deribit support will likely provide an email address for account-related inquiries. Copy this email address as it will be used for sending your account deletion request.

 

Step 5:Write Your Account Deletion Request

Compose a clear and concise email requesting the deletion of your Deribit account. Include essential details such as your username and any other information required for verification purposes.

 

Step 6: Hit the Send Button

After carefully crafting your account deletion request, hit the send button to dispatch the email to Deribit support. Ensure that all necessary information is included for a smooth processing of your account deletion.

 

Best Deribit Alternatives

After saying goodbye to Deribit If you’re exploring its alternatives, Consider MEXC as a compelling alternative to Deribit, primarily due to its attractive fee structure.

For spot trading, enjoy a fixed 0% fee for both makers and takers. In futures trading, MEXC offers remarkably low rates, bragging a 0% maker fee and a 0.03% taker fee.

Remarkably, MEXC provides an impressive 200x leverage. Notably, MEXC stands out by not requiring KYC.

To delve deeper into its features and user experiences, check out a comprehensive MEXC review to make an informed decision.

 

Final Thoughts

To delete your Deribit account, it’s crucial to carefully assess financial implications and follow a step-by-step guide. Ensure a smooth deletion process by adhering to the provided steps.

Consider MEXC as a strong alternative, with a range of features and a focus on user experience in the dynamic cryptocurrency trading landscape.

Make a thoughtful choice for a seamless transition in your crypto trading journey.