Deribit Launches Fiat-to-Crypto Gateway with Legend Trading for Easy Crypto Purchases

Deribit is excited to introduce its new Fiat to Crypto Gateway for easy and low-cost cryptocurrency purchases. Users can quickly buy Bitcoin (BTC), Ethereum (ETH), and USDC. After purchase, it’s directly sent to your Deribit wallet. This on-ramping feature is in partnership with Legend Trading.

Global Accessibility

Our Fiat Gateway has truly global coverage, accommodating transactions in 41 currencies, ensuring users worldwide have unparalleled access to on-ramping. Available currencies for international bank deposits include: US Dollar (USD), Euro (EUR), British Pound Sterling (GBP), Swiss Franc (CHF), Canadian Dollar (CAD), Australian Dollar (AUD), Japanese Yen (JPY), Brazilian Real (BRL), Mexican Peso (MXN), Colombian Peso (COP), Chilean Peso (CLP), Peruvian Sol (PEN), Ecuadorian Sucre (ECS), and Argentine Peso (ARS). Additional 34 currencies for on-ramping are also available via credit card payments.

Payment Methods for Every User

Whether you’re transacting via SWIFT, International Wire, SEPA, Faster Payments, PIX, and beyond, we’ve got you covered.

With an array of options including Boleto, Loterica, SPEI, CoDi, OXXO, OXXO Pay, PSE, Efecty, SuRed, Banco Estado, Banco de Chile, BCi, TBanc, Scotiabank azul, Pago46, BCP, BBVA, Caja Arequipa, Caja Huancayo, Caja Tacna, Caja Trujillo, Interbank, Scotiabank, Banco Pichincha, BanBif, BCP, BBVA, Banco de la Nacion, Caja Sullana, Caja Arequipa, Caja Huancayo, Banco Guayaquil, Banco Pichincha, Rapipago, PagoFacil, Khipu, various banks across multiple countries, and off course Credit Cards, we ensure a method for everyone.

No Additional KYC Requirements

If you’re already a fully onboarded Deribit user, there’s no need for any additional KYC procedures. Forget the hassle of long wait times or sending passport images again. Our streamlined system has been designed with your convenience in mind.

Buy crypto with fiat effortlessly on Deribit!

How to Buy Crypto with Fiat Currencies on Deribit

Follow this guide to purchase cryptocurrency with fiat (e.g., USD, EUR) on Deribit:

Step 1: Login to Deribit

1. Visit the Deribit website.
2. Log in with your credentials.
3. Access the main dashboard.

Step 2: Initiate the Purchase

1. On the dashboard, click “Buy Crypto“.

Step 3: Enter Amount & Currency

1. Input desired amount (e.g., ‘10000’ for $10,000).
2. Choose your fiat currency from the drop-down.
3. Select Cryptocurrency (e.g., for Bitcoin, choose ‘BTC’).

Step 4: Select Payment Channel

1. Explore available payment methods (these vary by region).
2. For this guide, pick ‘Legend Trading‘.
3. Confirm terms of use and click continue.

Step 5: Legend Trading; Choose Your Payment Method

1. Select between Fiat Balance (for bank transfers and other payment methods if available) and Credit Card.
2. Opt for Fiat Balance.

Step 6: Deposit Fiat Funds (if necessary)

1. If you don’t have sufficient fiat funds, deposit them first before converting to crypto.
2. Click on “+Add money.”
3. Select “Wire transfer”.
4. Choose your currency, in this case, EUR.
5. Follow the deposit instructions to add funds to your fiat account.
6. Once funds are received, return to the Legend Trading menu to finalize your order and buy crypto.

Note: After confirming the transaction, the payment will be processed, and the purchased cryptocurrency will be credited to your Deribit wallet. Always ensure to double-check your transaction details and keep your account secure.

Congratulations! You’ve successfully purchased cryptocurrency on Deribit. Remember to always stay informed and make sure to use safe and secure practices when dealing with digital currencies.