Ready to create account on a crypto derivatives exchange? This complete guide walks you through the entire process of setting up your Deribit account and completing identity verification. In just 10-15 minutes, you’ll have full access to the world’s largest crypto options and futures platform.
When you create account on crypto derivatives platform Deribit – now part of Coinbase – you gain access to over 85% of the global crypto options market. Whether you’re trading Bitcoin options, Ethereum futures, or perpetual contracts, completing your account setup unlocks institutional-grade trading tools.
⚡ Quick Overview: Create Account on Crypto Derivatives Exchange
| Total Time Required: | 10-15 minutes |
| Registration Methods: | Email, Google, or Apple |
| KYC Documents Needed: | Passport/ID + Proof of Address |
| Verification Time: | 2-10 minutes (automated via Jumio) |
| Platform: | Deribit by Coinbase |
Last Updated: December 2025 | Difficulty: Beginner-friendly | Reading Time: 8 minutes
📋 Table of Contents
- 1. Requirements to Create Account on Crypto Derivatives Platform
- 2. How to Create Account on Crypto Derivatives Exchange Deribit
- 3. Enable Two-Factor Authentication (2FA)
- 4. Complete KYC Identity Verification
- 5. KYC Troubleshooting: Common Issues & Fixes
- 6. After You Create Account on Crypto Derivatives: Next Steps
- 7. FAQ: Create Account on Crypto Derivatives Exchange
World’s #1 Crypto Options Exchange • 85%+ Market Share • Now Part of Coinbase
1. Requirements to Create Account on Crypto Derivatives Platform
Before you create account on crypto derivatives exchange Deribit, prepare these items for a smooth registration process:
📄 Required Documents for Crypto Derivatives Account
1. Government-Issued ID
Choose ONE of the following:
- Passport (recommended – fastest processing)
- National ID card
- Driver’s license
⚠️ Must be valid, not expired, issued within last 10 years
2. Proof of Address
Choose ONE of the following:
- Utility bill (electricity, water, gas)
- Bank statement
- Government letter / Tax document
⚠️ Must be dated within last 3 months
🔧 Technical Requirements
| Device: | Computer, tablet, or smartphone with camera |
| Browser: | Google Chrome (recommended), Firefox, Safari |
| Camera: | Required for liveness check (face verification) |
| 2FA App: | Google Authenticator, Authy, or similar TOTP app |
| Email: | Valid email address you can access immediately |
You cannot create account on crypto derivatives platform Deribit if you’re in: United States, Canada, Japan, China, Hong Kong, Singapore, Iran, North Korea, Cuba, or Syria. Check the full restricted list before proceeding.
2. How to Create Account on Crypto Derivatives Exchange Deribit
Follow these 5 simple steps to create account on crypto derivatives platform Deribit:
Go to Deribit Official Website
Visit www.deribit.com and click the “Create Account” button in the top right corner.
⚠️ Always verify you’re on the official deribit.com domain to avoid phishing scams.
Choose Registration Method
Deribit offers three convenient signup options to create account on crypto derivatives:
Fill Registration Form (Email Method)
If using email registration to create account on crypto derivatives exchange, enter:
- Email Address: Use a secure email you can access
- Username: Choose a unique username for login
- Password: Minimum 8 characters with uppercase, lowercase, numbers, and symbols
- Country of Residence: Must match your proof of address
- Referral Code (Optional): Enter for potential fee discounts
Accept Terms & Create Account
Review and accept the Terms of Service, Privacy Notice, and Fee Schedule. Click “Create Account” to proceed with your crypto derivatives account setup.
Verify Your Email
Check your inbox for a verification email from Deribit. Click the confirmation link to activate your crypto derivatives account. Check spam/junk folder if not received within 2 minutes.
Google and Apple signup skip email verification and get you to the 2FA setup faster. However, make sure to enable 2FA immediately after – accounts using social login without 2FA may experience rate limit errors.
3. Enable Two-Factor Authentication (2FA) for Your Crypto Derivatives Account
After you create account on crypto derivatives platform, Deribit requires 2FA for all accounts before you can access trading features. This is mandatory and cannot be skipped.
How to Set Up 2FA
- Download a 2FA App: Install Google Authenticator, Authy, or Microsoft Authenticator on your phone
- Scan QR Code: After email verification, Deribit displays a QR code. Scan it with your 2FA app
- Enter 6-Digit Code: Type the code from your app into Deribit to confirm setup
- Save Backup Codes: Store the recovery codes securely in case you lose access to your 2FA device
If you lose access to your 2FA device, recovery requires contacting compliance@deribit.com and additional verification. This process takes time. Store backup codes in a password manager or secure location.
4. Complete KYC Identity Verification for Crypto Derivatives Trading
After you create account on crypto derivatives exchange and set up 2FA, you must complete Know Your Customer (KYC) verification to access deposits, withdrawals, and trading. Deribit uses Jumio for automated identity verification.
KYC Process Overview
Step-by-Step KYC Guide for Crypto Derivatives Account
Access Verification Page
Log into your Deribit account → Click the profile icon (top right) → Select “Verification”. Or go directly to: deribit.com/account/BTC/verification
Enter Personal Information
Complete the following fields for your crypto derivatives account:
- Full legal name (exactly as on ID)
- Date of birth
- Nationality
- Residential address (must match proof of address document)
- Phone number
Complete Financial Profile
Deribit requires information about:
- Source of Funds: Employment, investments, business, etc.
- Trading Purpose: Hedging, speculation, income
- Expected Activity: Approximate trading volume
Upload ID & Complete Liveness Check
Jumio will guide you through:
- Select Document Type: Passport is recommended for fastest processing
- Take Photo of ID: Ensure clear, well-lit image with all corners visible
- Liveness Check: Follow on-screen instructions to verify your face matches the ID
- Wait for Processing: Usually completes in 2-10 minutes
💡 Tip: You can scan the QR code to continue on mobile for better camera quality
Upload Proof of Address
Upload a document showing your name and residential address:
- Utility bill (electricity, water, gas, internet)
- Bank or credit card statement
- Government-issued letter or tax document
- Rental agreement (if shows address)
⚠️ Document must be dated within the last 3 months and clearly show your full name and address
Verification Complete!
Once approved, the Verification panel will show your status, investor classification, and which Deribit platform you’re onboarded to (Dubai VARA or Panama). You’ve successfully completed your crypto derivatives account setup and can now deposit funds and start trading!
Most users complete KYC in under 10 minutes with automated verification
5. KYC Troubleshooting: Common Issues When You Create Account on Crypto Derivatives
Most users who create account on crypto derivatives platform complete verification without issues, but here are solutions to common problems:
❌ “Document is rejected by Jumio”
Fix: Ensure document is machine-readable, high resolution, and all corners are visible. Try using natural lighting and avoid glare. If using a driver’s license, try a passport instead.
❌ “Liveness check failed”
Fix: Ensure good lighting on your face, remove glasses/hats, position face within the frame, and follow on-screen movement instructions slowly. Try using the mobile app for better camera quality.
❌ “Cannot change country of residence”
Fix: Country is locked from registration. Contact compliance@deribit.com to request a change with supporting documentation.
❌ “Verification cannot be completed”
Fix: Ensure you’re logged into your main account, not a subaccount. Try using an incognito/private browser window. If issue persists, contact compliance@deribit.com.
❌ “The information is not saved”
Fix: Ensure ALL required fields are filled out (all 11 fields for personnel details). Try a different browser or incognito mode. Clear cache and cookies.
For KYC issues not resolved above, email compliance@deribit.com with your account details and a description of the problem. Typical response time is 2 business days.
6. After You Create Account on Crypto Derivatives: Next Steps
Congratulations! Once you create account on crypto derivatives platform and your KYC is approved, you have full access to Deribit. Here’s what to do next:
1. Deposit Funds
Deribit accepts BTC, ETH, USDC, and SOL deposits. Generate a deposit address in the Wallet section. No minimum deposit required.
2. Practice on TestNet
Before risking real funds, practice on test.deribit.com with fake money. No KYC required for TestNet.
3. Take Free Options Course
Access Deribit’s 97-lecture free course at Deribit Options Course to master options trading.
4. Explore Trading Tools
Use Option Wizard, Position Builder, and Deribit Metrics to analyze markets and build strategies.
7. FAQ: Create Account on Crypto Derivatives Exchange
❓ How long does it take to create account on crypto derivatives platform Deribit?
Registration takes 2-3 minutes. KYC verification typically completes in 2-10 minutes with automated processing. Total time to create account on crypto derivatives exchange and start trading: approximately 10-15 minutes.
❓ Is KYC mandatory when I create account on crypto derivatives exchange?
Yes, KYC is mandatory for all Deribit users. Without completing verification, you cannot deposit, withdraw, or trade on the platform after you create account on crypto derivatives.
❓ Can I use a driver’s license when I create account on crypto derivatives platform?
Yes, but passport is recommended for fastest processing. Driver’s licenses must be machine-readable and may require higher quality photos.
❓ What if my proof of address is in a different language?
Deribit accepts documents in English only. If your documents are in another language, you’ll need to provide a certified English translation or use a different document type.
❓ Can US residents create account on crypto derivatives exchange Deribit?
No, Deribit is not available to US residents due to regulatory restrictions. The platform blocks US IP addresses and will close accounts found to be using VPNs to bypass restrictions.
❓ Is there an age requirement to create account on crypto derivatives platform?
Yes, you must be 18 years or older to create account on crypto derivatives exchange Deribit. Age is verified through your government-issued ID during KYC.
❓ Can I create account on crypto derivatives exchange for my company?
Yes, Deribit offers corporate accounts with additional verification requirements including company documents, UBO information, and director verification. Contact compliance@deribit.com for details.
World’s #1 Crypto Options Exchange • 85%+ Market Share • Now Part of Coinbase
Free TestNet • 24/7 Support • No Minimum Deposit
⚠️ Risk Warning & Disclaimer
Risk Warning: Trading crypto derivatives involves substantial risk of loss. You may lose your entire investment. Only trade with funds you can afford to lose.
Privacy Notice: Deribit stores your KYC documents securely and uses them only for verification purposes in compliance with AML/CTF regulations.
Affiliate Disclosure: This article contains affiliate links. We may earn a commission if you sign up through our links at no additional cost to you.
Last updated: December 2025. Information accurate at time of writing.
