Coinbase to Move Institutional Clients to Deribit Ahead of September Migration

The post Coinbase to Move Institutional Clients to Deribit Ahead of September Migration appeared first on Coinpedia Fintech News

Coinbase will migrate its International Exchange institutional clients to Deribit, the world’s largest crypto options exchange, on September 9. During the migration, trading is expected to pause for about 30 minutes, with all open orders canceled before positions are settled at the prevailing mark price and recreated on Deribit at the same reference price. Existing …