Coinbase正在收购世界领先的加密选择平台Deribit。

这一举动不仅是两家公司的重要里程碑，而且还可以改变整个加密衍生物生态系统。

Coinbase is acquiring Deribit, the world’s leading crypto options platform. The move could transform the entire crypto derivatives ecosystem. Here’s what you need to know about this deal and why it matters for German traders.

Coinbase正在收购世界领先的加密货币选择平台Deribit。此举可能会改变整个加密衍生物生态系统。这是您需要了解的这笔交易以及为什么对德国交易者重要的原因。

Coinbase is buying Deribit, the premier platform for crypto options. The integration of these two platforms holds the potential to revolutionize the digital asset derivatives market.

Coinbase正在购买deribit，这是加密选项的主要平台。这两个平台的集成具有彻底改变数字资产衍生品市场的潜力。

Coinbase is acquiring Deribit, the world’s leading crypto options platform. The move could transform the entire crypto derivatives ecosystem. Here’s what you need to know about this deal and why it matters for German traders.

Coinbase正在收购世界领先的加密货币选择平台Deribit。此举可能会改变整个加密衍生物生态系统。这是您需要了解的这笔交易以及为什么对德国交易者重要的原因。

Coinbase is going to buy Deribit, the main platform for crypto options. The integration of these two platforms could be a game-changer for the digital asset derivatives market.

Coinbase将购买deribit，这是加密选项的主要平台。这两个平台的集成可能是数字资产衍生品市场的游戏改变者。

Coinbase is acquiring Deribit, the world’s leading crypto options platform. The move could transform the entire crypto derivatives ecosystem. But could this deal spell bad news for German traders?

Coinbase正在收购世界领先的加密货币选择平台Deribit。此举可能会改变整个加密衍生物生态系统。但是，这笔交易对德国交易者来说是个坏消息吗？

Coinbase is acquiring Deribit, the world’s leading crypto options platform. The move could transform the entire crypto derivatives ecosystem. In this article, we’ll look at what’s behind the deal – and why you, as a German trader, should pay particular attention.

Coinbase正在收购世界领先的加密货币选择平台Deribit。此举可能会改变整个加密衍生物生态系统。在本文中，我们将研究交易背后的内容，以及为什么作为德国商人，应该特别注意。

Why Coinbase chose Deribit

为什么Coinbase选择deribit

Deribit is by far the market leader in crypto options. No competitor achieves comparable trading volumes – Deribit is the top dog in a highly specialized market segment. For Coinbase, which has previously been primarily strong in the spot market, the acquisition is a strategic coup: To further build its own derivatives market, the company is acquiring the industry leader – with a mature infrastructure, deep order books, and a loyal user base.

到目前为止，Deribit是加密货币选择的市场领导者。没有竞争对手可以实现可比的交易量 - Deribit是高度专业的市场领域的顶级狗。对于以前在现货市场上主要是强大的Coinbase而言，收购是一项战略政变：为了进一步建立自己的衍生品市场，该公司正在收购该行业的领导者 - 具有成熟的基础设施，深入的订单书籍和忠实的用户群。

What this means for you is that you could benefit from the combination of Deribit’s technology and Coinbase’s global reach in the future – provided you are still allowed to trade.

这对您来说意味着您可以从Deribit的技术和Coinbase将来的全球范围的结合中受益 - 只要您仍然可以进行交易。

Attention: Restrictions may apply to German users

注意：限制可能适用于德国用户

And this is precisely where a potential catch lies. Until now, Deribit has operated in a legal gray area for German traders.

这正是潜在的捕获所在的地方。到目前为止，Deribit已在合法的灰色地区为德国交易者开展业务。

Without direct regulation or a license in the EU, access was possible, but not officially protected. Coinbase, on the other hand, is a publicly listed US company and subject to significantly stricter regulatory requirements. Coinbase already does not allow German users to trade derivatives such as perpetual futures – only spot trading is officially available.

如果没有直接法规或欧盟的许可，则可以访问，但不能正式保护。另一方面，Coinbase是一家公开上市的公司，并遵守更严格的监管要求。 Coinbase已经不允许德国用户贸易衍生品（如永久未来） - 仅正式可用现货交易。

There is therefore a realistic risk that Coinbase will restrict or completely block options trading via Deribit for German users in the future. If you are from Germany and actively use Deribit, you should closely monitor developments – or look for alternatives early on.

因此，现实的风险是，Coinbase将来会通过deribit限制或完全阻止德国用户的期权交易。如果您来自德国并积极使用deribit，则应密切监视开发项目，或尽早寻找替代方案。

Conclusion: Strong merger with an uncertain future for German traders

结论：与德国交易者的强烈合并与不确定的未来

Coinbase’s acquisition of Deribit is a milestone for the global derivatives market. Two heavyweights are joining forces to create a top institutional platform. But while international traders are likely to benefit from better tools and more liquidity, German users could be left out.

Coinbase对Deribit的收购是全球衍生品市场的里程碑。两个重量级人物正在携手建立顶级机构平台。但是，尽管国际交易者可能会从更好的工具和更多的流动性中受益，但德国用户可能会被排除在外。

If you’re trading from Germany, be cautious and keep your eyes open. Regularly check regulatory developments – because the most exciting phase in Deribit’s history could also be your last.

如果您要从德国交易，请保持谨慎并睁开眼睛。定期检查监管发展 - 因为Deribit历史上最激动人心的阶段也可能是您的最后一个。

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(Featured image by PiggyBank via Unsplash)

（PiggyBank通过Unsplash的特色图像）

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

免责声明：本文是由第三方撰稿人撰写的，没有反映Born 2invest，其管理层，员工或其同事的意见。请查看我们的免责声明以获取更多信息。

This article may include forward-looking statements. These forward-looking statements generally are identified by the words "believe," "project," "estimate," "become," "plan," "will," and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

本文可能包括前瞻性语句。这些前瞻性陈述通常由“相信”，“项目”，“估算”，“ beath”，“ plan”，“ will”和类似表达式的单词标识。这些前瞻性的陈述涉及已知和未知风险以及不确定性，包括以下警告性陈述以及本文和本网站其他地方讨论的那些。尽管公司可能会认为其期望是基于合理的假设，但公司可能取得的实际结果可能与任何前瞻性陈述有实质性差异，这些陈述仅反映了公司管理的意见。此外，请确保阅读这些重要的披露。

First published in BLOCK-BUILDERS.DE. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

首次发表在Block-Builders.de中。第三方撰稿人翻译并改编了原始文章。如果存在差异，原件将占上风。

In case of discrepancy, the original will prevail.output: Coinbase is acquiring Deribit, the world’s leading crypto options platform. The move could transform the entire crypto derivatives ecosystem. Here’s what you need to know about this deal and why it matters for German traders.Coinbase is buying Deribit, the main platform for crypto options. The integration of these two platforms could be a game-changer for the digital asset derivatives market.

如果出现差异，原始内容将盛行。输出：Coinbase正在获取世界领先的加密货币选项平台Deribit。此举可能会改变整个加密衍生物生态系统。这是您需要了解的有关这笔交易的知识及其对德国交易者的重要性。CoinBase购买了Crypto选项的主要平台Deribit。这两个平台的集成可能是数字资产衍生品市场的游戏改变者。

Coinbase is acquiring Deribit, the world’s leading crypto options platform. The move could transform the entire crypto derivatives ecosystem. But could this deal spell bad news for German traders?

Coinbase正在收购世界领先的加密货币选择平台Deribit。此举可能会改变整个加密衍生物生态系统。但是，这笔交易对德国交易者来说是个坏消息吗？

Coinbase is acquiring Deribit, the world’s leading crypto options platform

Coinbase正在收购世界领先的加密货币选择平台Deribit