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Frequently asked questions
How does Deribot work?
Deribot is an automated Bitcoin trading platform. You connect your exchange via API, set up entry strategies, profit management and margin protection, and the platform trades for you, with real-time monitoring.
Do I need advanced technical knowledge?
No. The platform is accessible for beginners and powerful for professionals. Concierge can also set it all up with you.
Is Deribot safe to use?
Yes. API keys are stored encrypted so we can trade on your behalf, with limited permissions when the exchange allows it, an HTTPS connection and 2FA support. Deribot never has direct access to your funds on the exchange.
What's the difference between the plans?
Essential comes with 1 automation by price triggers and 5 backtests/month; Advanced unlocks 6 automations, indicators, custom strategy (indicators + grid) and 50 backtests/month; Professional adds 2 exchanges, 8 automations and 100 backtests/month.
Can I test before trading live?
Yes. Use the backtest engine to validate your strategies with historical data before running with real capital.
Can I switch exchanges whenever I want?
Yes. You can connect and switch between LN Markets, BingX and Hyperliquid as your plan allows.