SignalPlus enhances crypto options trading with Deribit
“We are very proud to expand upon our offerings and integrate Deribit, a premier digital derivatives exchange with advanced technology, a highly professional team, and a reputation for excellent depth and liquidity in the industry. With this integration, we believe that we can leverage the efficient trading tools offered by SignalPlus and jointly drive the growth of crypto options. We are excited about this integration and expect exponential growth in usage and penetration in this industry in the coming years.”
SignalPlus has integrated Deribit’s crypto derivatives exchange into its trading platform in order to provide access to Deribit’s low-latency exchange infrastructure to enhance crypto options trading.
The options trading analytics tool platform was founded last year and focuses on providing practical, programmatic software services that can be leveraged by the crypto industry to grow the options market in a professional and sustainable manner.
The crypto options market is gaining prominence among professional users and integrating Deribit provides a full suite of professional trading services – pricing, volatility analytics, risk management, and direct trading access capabilities, according to SignalPlus.
SignalPlus added that users have free and uninhibited access to a rolodex of advanced modules including dynamic delta hedging, smart execution strategies, and a state-of-the-art risk management system through its embedded toolkit.
Existing Deribit users can register for a SignalPlus account and bind it to their Deribit account API, while new users can also be swiftly onboarded via the SignalPlus dashboard.
“Awareness of the true value proposition offered by crypto options”
Chris Yu, co-founder & CEO of SignalPlus, said: “We are very proud to expand upon our offerings and integrate Deribit, a premier digital derivatives exchange with advanced technology, a highly professional team, and a reputation for excellent depth and liquidity in the industry. With this integration, we believe that we can leverage the efficient trading tools offered by SignalPlus and jointly drive the growth of crypto options. We are excited about this integration and expect exponential growth in usage and penetration in this industry in the coming years.”
Luuk Strijers, Chief Commercial Officer at Deribit, commented: “Deribit’s goal is to expand investor access to crypto derivatives trading in a secure, transparent and intuitive manner. By having SignalPlus integrate our platform, their user base will be able to do just this and it will also increase awareness of the true value proposition offered by crypto options. We are looking forward to working with SignalPlus to further build out our platform and make a better trading experience for all Deribit users.”
