Deribit was founded in 2016 and has grown into a regulated crypto derivatives exchange built for advanced traders who rely on deep liquidity, high leverage, and low latency execution. It focuses on Bitcoin and Ethereum options and futures while serving institutions that need stability and fast settlement. The platform recently became part of Coinbase in August 2025, which increased attention around its global availability. This guide covers Deribit restricted and supported countries so users can confirm access before signing in.
🌍 Free Deribit Country Checker
We strive to keep this information up-to-date, but regulations may change. While we regularly update this data, we make no guarantees, and it is your responsibility to verify whether your country is supported before using the platform.
Due to regulations, Deribit does not support every country. To ensure that you are eligible to register on the exchange, you can use our free Deribit country checker.
Simply type in your country and see if you can use the platform or if your country is restricted.
Deribit Restricted & Banned Countries
In 2025, Deribit continues to follow location based rules that determine where the platform can legally operate. According to the official Restricted Jurisdictions list, Deribit does not provide services in the following regions:
- Belarus (exemption for EEA and Switzerland nationals)
- Canada
- Central African Republic
- Congo
- Cuba
- Guam
- Iran
- Iraq
- Japan
- Democratic People’s Republic of Korea
- Libya
- Myanmar
- Panama (Retail Investors may only trade spot products)
- Puerto Rico
- Russian Federation (exemption for EEA and Switzerland nationals)
- Samoa
- Somalia
- South Sudan
- Sudan
- Syrian Arab Republic
- Ukraine regions of Crimea
- Ukraine region of Donetsk
- Ukraine region of Luhansk
- United Arab Emirates (Retail Investors may only trade spot products)
- United Kingdom (Retail Investors not allowed)
- United States
- Virgin Islands (U.S.)
- Yemen
These restrictions mainly stem from sanctions, local financial rules, and licensing limits tied to high risk derivatives trading.
Which Countries Are Supported by Deribit?
Deribit remains accessible in a wide range of regions across Europe, parts of Asia, South America, and select areas in Africa and Oceania. Since many countries focus heavily on derivatives regulation, the platform tends to work best in jurisdictions that allow leverage, complex options strategies, and institutional grade settlement. European countries make up a large portion of Deribit’s active user base because local licensing structures fit its trading model.
Availability across Asia and South America varies, mostly because some nations classify crypto derivatives under stricter financial rules. For anyone unsure about their region, using the Deribit country checker before creating an account helps confirm eligibility and prevents delays during verification.
Does Deribit Require KYC?
Deribit operates on mandatory KYC, and every user must complete identity verification before accessing core trading features. Since the exchange focuses on regulated derivatives, compliance is an essential part of its structure. Traders must submit government issued documents, proof of residence, and any additional checks required for institutional accounts. Without verification, users cannot open futures or options positions, and deposits and withdrawals remain limited. This approach keeps Deribit aligned with global derivatives policies, especially after its acquisition by Coinbase, which increased regulatory oversight.
Can Users in Restricted Areas Use Deribit with a VPN?
A VPN may let the website load, but using Deribit from a blocked location creates several risks. Accounts that show inconsistent IP activity can face withdrawal issues, suspended positions, or complete access loss if the platform detects that the user is operating from a restricted region. VPN routing also creates mismatches between identity documents and login locations, which can lead to compliance reviews that stop trading activity during market volatility.
Some countries treat the use of derivatives platforms without permission as a regulatory conflict, so attempting to bypass restrictions may expose users to local legal complications. A safer approach is choosing services that legally operate in your region, and if derivatives access is still your priority, our list of no KYC exchanges offers alternatives that function without location conflicts.
Is Deribit Available In the US?
The US is not supported by Deribit. Regulatory limits prevent the exchange from allowing American users to register or trade. Those who attempt onboarding usually get stuck in identity checks. BTCC, on the other hand, does accept US residents and keeps the trading setup simple. For even more compliant choices, you can refer to our list of top exchanges in US.
Deribit Alternatives
If Deribit is not available in your region, BYDFi is one option you can consider because it remains accessible in many countries and provides a straightforward environment for futures traders who want fast execution and a layout that keeps things simple without removing essential contract types. Its structure suits anyone who needs consistent access without dealing with delays linked to strict derivatives rules.
Bitunix can also work as a separate alternative for traders who want a familiar interface and broad market coverage. It supports a wide set of trading pairs, continues to upgrade its derivatives tools, and offers a predictable setup for users who need stability when switching from a derivatives focused platform. Since both services operate across more regions than Deribit, they provide practical paths for traders who need reliable access without running into regional restrictions.
Bottom Line
Some traders can proceed with Deribit, while others will need a different platform. If it works in your region, our detailed Deribit review offers a clear breakdown of what to expect. If not, our list of exchanges best for leverage trading will guide you toward platforms that stay accessible without added verification steps.
FAQs
1. Why is Deribit restricted in some countries?
Derivatives regulations, sanctions, and licensing rules play a major role in determining whether Deribit can offer high leverage instruments. Many regions classify crypto derivatives as high risk financial products, which limits access.
2. Can I complete Deribit KYC if I live in a restricted region?
You cannot complete KYC if your country is restricted. Verification requires proof of residency, so accounts from blocked locations cannot activate trading features.
3. What happens if I travel to a restricted region after verifying?
If you travel to a restricted country, access may become limited based on local regulations. Logging in from those regions can trigger security reviews or compliance checks.
4. Can I withdraw funds without verification?
Deribit requires mandatory KYC, so unverified accounts cannot trade or withdraw. Verification is necessary before engaging with derivatives markets.
