Deribit was one of the first exchanges where users could go to buy and sell Bitcoin options with huge spreads (due to the lack of the market makers and enormous volatility). Since then, Deribit has improved the liquidity on its Bitcoin options and still remains one of the only Bitcoin options exchanges available today.

There are over 700 put and call options trading everyday, 24/7. The firm has dedicated market makers who make bids and ask prices as well as hedge with Bitcoin futures.