# Binance API vs Deribit

> Binance scores 63.2 (B) to Deribit's 59 (C) for exchange spot trading. Prices, MCP, x402, uptime and agent notes side by side.

- Canonical: https://www.anchorterminal.com/compare/binance-vs-deribit
- Markdown: https://www.anchorterminal.com/compare/binance-vs-deribit.md (~3,800 tokens)
- Site index for agents: https://www.anchorterminal.com/llms.txt (the key docs and every listing in one file, at most 16 MB, about 4 million tokens: https://www.anchorterminal.com/llms-full.txt)
- API: https://www.anchorterminal.com/api/v1/index.json
- MCP: https://www.anchorterminal.com/mcp (the whole catalogue as tools, no key)
- DNS: dig +short TXT <slug>.grade.anchorterminal.com (the grade as a DNS TXT record, for a sandbox with no HTTP where names still resolve; also top., best.<category>. and <a>.vs.<b>. under the zone, and the same under grade.letme.dev)
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)
- Updated: 2026-11-04

Binance API scores 63.2 (B) on agent readiness against Deribit's 59 (C), and leads in 4 of 7 scored categories. Both do exchange spot trading.

- Binance API: grade B, 63.2/100, rank #473 of 1349. Markdown https://www.anchorterminal.com/tools/binance.md · JSON https://www.anchorterminal.com/api/v1/tools/binance.json
- Deribit: grade C, 59/100, rank #646 of 1349. Markdown https://www.anchorterminal.com/tools/deribit.md · JSON https://www.anchorterminal.com/api/v1/tools/deribit.json
- Best crypto exchange APIs and MCP servers for AI agents: https://www.anchorterminal.com/best/crypto-exchanges/index.md
- All 210 exchanges comparisons: https://www.anchorterminal.com/compare/crypto-exchanges/index.md

## Which one, for what

### Binance API (B)

Good for: An agent trading a funded Binance account outside the prohibited countries, with the deepest set of markets in this group and a free testnet.

Ahead on:
- Security & auth, 72 against 62
- Payments & pricing, 35 against 25
- Maintenance & community, 81 against 65

Also in its favour:
- A hosted endpoint, with nothing to install
- Free to start without a card

Watch for: No status page or incident history found on binance.com or in the API docs

### Deribit (C)

Good for: An agent trading crypto options, dated futures and perpetuals for an institutional or retail Deribit account, and anyone migrated from Coinbase International Exchange.

Watch for: No official MCP server, and the GitHub organisation has no public repositories, so no official SDK in any language


## Why the edge

### Maintenance & community: Binance API +16

- Binance API (81): Read as a closed service. The spot changelog's newest entry is 30 October 2026, the MCP docs are dated 30 October and binance-cli v2.2.0 shipped on 20 October (30). Changelog entries on 2 September, 18 September, 27 October and 30 October (20). A public changelog, connectors pushed in October and a Skills Hub merging pull requests weekly; issue replies not read (10 of 15). Official connectors in nine languages current as of October 2026; the MCP server is not in the official registry (15). Connector CI not read; the CLI publishes release installers (6 of 10). 30 + 20 + 10 + 15 + 6 = 81.
- Deribit (65): Read as a closed service. The JSON-RPC changelog's latest production entry is 13 October 2026 and an entry dated 5 November 2026 describes the next release; Deribit's posts of 14 October and 2 November 2026 change fees (30). Entries of 18 August, 15 September and 13 October 2026, three in 90 days (20). A public changelog and a support site; whether support answers wasn't tested and the support site refused our reader (10 of 15). No official SDK and no MCP registry entry (0). The OpenAPI and AsyncAPI files are maintained with the docs (5 of 10). Total 65.

### Security & auth: Binance API +10

- Binance API (72): API keys with HMAC, RSA or Ed25519 signatures, permissions for reading, trading, futures and withdrawals, an IP restriction, revocation in API Management, and OAuth with four scopes on the MCP server; no key expiry found (28 of 30). Read-only keys, sub-accounts, withdrawals only with an IP restriction, and the MCP server's isolated Agentic sub-account with no withdrawal scope and confirmation before writes (18 of 20). The API returns no untrusted content (10). Keys are listed in API Management and used weight is returned per call, but no per-call log for the operator was found (6 of 15). security.txt with a contact and no expiry, a Bugcrowd programme named in the proof-of-solvency repository, no certification read (10 of 20). 28 + 18 + 10 + 6 + 10 = 72.
- Deribit (62): Keys carry five scopes at read, read_write or none, `ip:ADDR` and `expires` limits, can be disabled, reset and removed by API, and self-generated Ed25519 or RSA keys keep the private half off Deribit. The HTTP `client_credentials` example passes `client_secret` in the query string, a documented option, so 10 off (20 of 30). `trade:read` and `wallet:none` give read-only and no-withdrawal keys and the 5 August 2025 release stopped `account:read` keys reading other keys' secrets; no per-order confirmation and the address allow-list article was unreadable (16 of 20). The API returns no untrusted content (10). `private/list_api_keys`, the transaction log and order history let an operator see what a key did, but no per-key call log was found (8 of 15). A HackerOne bug bounty per the support article title and HackerOne's customer story, neither page read first-hand (insights.deribit.com/bug-bounty answered 403), a VARA licence, and no security.txt on www.deribit.com (8 of 20). Total 62.

### Payments & pricing: Binance API +10

- Binance API (35): No machine payment protocol (0). A 0.1 per cent standard spot fee is stated in the fee FAQ; the maker and taker table and futures fees load by script and weren't read (15 of 20). Public market data needs no key and the testnet is free with a GitHub login (20). A person signs up, passes Verified Plus verification, deposits and mints a key (0). 0 + 15 + 20 + 0 = 35.
- Deribit (25): No machine payment protocol (0). The fee schedule is on support.deribit.com, which answered 403; Deribit's own posts give VIP4 to VIP7 taker fees and the 0 bps linear options maker fee, so partial prices are public but the lowest tier is unchecked (5 of 20). Public market data needs no key and the test environment is free, with no card anywhere (20). A person signs up in a browser with identity checks before any key exists (0). Total 25.

## Score by category

| Category | Weight | Binance API | Deribit | Edge |
| --- | --- | --- | --- | --- |
| Reliability | 16% (20 this run) | 45 | 45 | even |
| Performance | 10%, pending | pending | pending | not scored in this run |
| Schema & documentation | 13% (16.2 this run) | 86 | 88 | Deribit +2 |
| Agent ergonomics | 13% (16.2 this run) | 76 | 74 | Binance API +2 |
| Security & auth | 14% (17.5 this run) | 72 | 62 | Binance API +10 |
| Payments & pricing | 10% (12.5 this run) | 35 | 25 | Binance API +10 |
| Task success | 10%, pending | pending | pending | not scored in this run |
| Maintenance & community | 7% (8.8 this run) | 81 | 65 | Binance API +16 |
| Transparency & trust | 7% (8.8 this run) | 43 | 46 | Deribit +3 |
| Negative events | ≤15 | 0 | 0 | |
| **Total** | | **63.2 · B** | **59 · C** | |

## Facts side by side

| Fact | Binance API | Deribit |
| --- | --- | --- |
| Kind | HTTP API | HTTP API |
| Vendor | Binance | Deribit FZE |
| Hosted endpoint | `https://agent.binance.com/mcp/agentic` | no (local only) |
| Transports | Streamable HTTP |  |
| Auth | OAuth or key | API key |
| Pricing | Pay per use | Pay per use |
| x402 | no | no |
| Licence | Proprietary hosted service under Binance's Terms of Use, which load by script and weren't read. The API docs, connectors, CLI and Skills Hub are open on GitHub under MIT | Proprietary hosted exchange. The API is documented under the Deribit docs with an OpenAPI 3.0 file; no official client library is published |
| Tools exposed | none | 0 |
| Read-only variant documented | no | no |
| llms.txt | yes | yes |
| Last release | 2026-10-30 | 2026-10-13 |
| Terms last updated | couldn't be read | 2026-08-13 |
| Privacy policy last updated | couldn't be read | no document linked |
| Customer content may train models | couldn't be read | not found in the text |
| Terms restrict automated access | couldn't be read | yes |
| Terms restrict benchmarking | couldn't be read | not found in the text |
| Terms or service can change without notice | couldn't be read | not found in the text |
| Arbitration or class-action waiver | couldn't be read | not found in the text |
| Popularity | 4.9k stars | none |

## Verdicts

**Binance API.** Binance publishes numeric rate limits, a free testnet with FIX, connectors in eight languages and, since late October 2026, a remote MCP server that trades only in a dedicated sub-account with no withdrawal scope. There is no status page, the terms and privacy notice could not be read, and the MCP tool list is not published.

**Deribit.** Deribit's JSON-RPC API has scoped keys with IP and expiry limits, asymmetric signing, an OpenAPI file, numeric rate limits and a 64-entry changelog. There is no official MCP server or client library, the fee schedule, terms and privacy policy sit on a support site that refused our reader, and the status page did not resolve.

## Before you call either

### Binance API

1. Read the X-MBX-USED-WEIGHT and X-MBX-ORDER-COUNT headers and stop on 429 for the Retry-After seconds; a 418 ban runs 2 minutes to 3 days
2. Treat a 5xx on an order as unknown, not failed, and query the order by origClientOrderId before retrying
3. Use an Ed25519 key with an IP restriction and only the reading and trading permissions; never enable withdrawals for an agent key
4. Develop on testnet.binance.vision with BINANCE_API_ENV=testnet; it resets about monthly without notice
5. For the MCP route, the person must fund the Agentic sub-account from the web UI first; the agent cannot move funds in from the main account

### Deribit

1. Create the key with `trade:read_write` and `wallet:none`, an `ip:` limit and an `expires` value; keep `account:read` unless the task edits subaccounts
2. Authenticate with `client_signature` or an Ed25519 key over WebSocket rather than `client_credentials` over HTTP, which puts the secret in the URL
3. Watch the `limits` field of `private/get_account_summary` and back off on error 10028; a session that runs out of credits is closed and must reconnect
4. Send a `nonce` with orders so a retry after a timeout does not place a second order, and treat `order_not_found` on cancel as a possible fill
5. Develop against https://test.deribit.com/api/v2 first; production and test need separate accounts and keys

## Questions

### Which is better for AI agents, Binance API or Deribit?

Binance API scores 63.2 (B) on agent readiness against Deribit's 59 (C), and leads in 4 of 7 scored categories.

### Do Binance API and Deribit need an API key?

Binance API takes an API key or an OAuth sign-in. Deribit needs an API key.

### Can an agent call Binance API and Deribit without installing anything?

Binance API has a hosted endpoint at https://agent.binance.com/mcp/agentic. No hosted endpoint is listed for Deribit.


## For agents

- This comparison as JSON: https://www.anchorterminal.com/compare/binance-vs-deribit.json, and with the fewest tokens: https://www.anchorterminal.com/compare/binance-vs-deribit.min.md
- Over MCP at https://www.anchorterminal.com/mcp (no key): `compare_tools {"a": "binance", "b": "deribit"}`. From a terminal: `anchor compare binance deribit`
- Each listing in full: https://www.anchorterminal.com/api/v1/tools/binance.json and https://www.anchorterminal.com/api/v1/tools/deribit.json

## Other comparisons with Binance API or Deribit

- [Bitfinex API vs Deribit](https://www.anchorterminal.com/compare/bitfinex-vs-deribit.md)
- [Bitget vs Deribit](https://www.anchorterminal.com/compare/bitget-vs-deribit.md)
- [Bithumb Open API vs Deribit](https://www.anchorterminal.com/compare/bithumb-vs-deribit.md)
- [Bitstamp API vs Deribit](https://www.anchorterminal.com/compare/bitstamp-vs-deribit.md)
- [Bybit vs Deribit](https://www.anchorterminal.com/compare/bybit-vs-deribit.md)
- [Crypto.com Exchange API vs Deribit](https://www.anchorterminal.com/compare/crypto-com-exchange-vs-deribit.md)
- [Deribit vs Upbit Open API](https://www.anchorterminal.com/compare/deribit-vs-upbit.md)
- [Binance API vs Bitfinex API](https://www.anchorterminal.com/compare/binance-vs-bitfinex.md)
- [Binance API vs Bitget](https://www.anchorterminal.com/compare/binance-vs-bitget.md)
- [Binance API vs Bithumb Open API](https://www.anchorterminal.com/compare/binance-vs-bithumb.md)
- [Binance API vs Bitstamp API](https://www.anchorterminal.com/compare/binance-vs-bitstamp.md)
- [Binance API vs Bybit](https://www.anchorterminal.com/compare/binance-vs-bybit.md)
- [Binance API vs Coinbase Advanced Trade API](https://www.anchorterminal.com/compare/binance-vs-coinbase-advanced-trade.md)
- [Binance API vs Coinbase MCP server (Coinbase for Agents)](https://www.anchorterminal.com/compare/binance-vs-coinbase-mcp.md)
- [Binance API vs Crypto.com Exchange API](https://www.anchorterminal.com/compare/binance-vs-crypto-com-exchange.md)
- [Binance API vs Gate](https://www.anchorterminal.com/compare/binance-vs-gate-io.md)
- [Binance API vs Gemini Exchange API](https://www.anchorterminal.com/compare/binance-vs-gemini-exchange.md)
- [Binance API vs HTX trading API](https://www.anchorterminal.com/compare/binance-vs-htx.md)
- [Binance API vs Hyperliquid](https://www.anchorterminal.com/compare/binance-vs-hyperliquid.md)
- [Binance API vs Kraken API](https://www.anchorterminal.com/compare/binance-vs-kraken.md)
- [Binance API vs KuCoin](https://www.anchorterminal.com/compare/binance-vs-kucoin.md)
- [Binance API vs MEXC API](https://www.anchorterminal.com/compare/binance-vs-mexc.md)
- [Binance API vs OKX API](https://www.anchorterminal.com/compare/binance-vs-okx.md)
- [Binance API vs Uniswap Trading API](https://www.anchorterminal.com/compare/binance-vs-uniswap.md)
- [Binance API vs Upbit Open API](https://www.anchorterminal.com/compare/binance-vs-upbit.md)
- [Coinbase Advanced Trade API vs Deribit](https://www.anchorterminal.com/compare/coinbase-advanced-trade-vs-deribit.md)
- [Coinbase MCP server (Coinbase for Agents) vs Deribit](https://www.anchorterminal.com/compare/coinbase-mcp-vs-deribit.md)
- [Deribit vs Uniswap Trading API](https://www.anchorterminal.com/compare/deribit-vs-uniswap.md)
- [Binance API vs dYdX](https://www.anchorterminal.com/compare/binance-vs-dydx.md)
- [Deribit vs dYdX](https://www.anchorterminal.com/compare/deribit-vs-dydx.md)
- [Deribit vs Gate](https://www.anchorterminal.com/compare/deribit-vs-gate-io.md)
- [Deribit vs Gemini Exchange API](https://www.anchorterminal.com/compare/deribit-vs-gemini-exchange.md)
- [Deribit vs HTX trading API](https://www.anchorterminal.com/compare/deribit-vs-htx.md)
- [Deribit vs Hyperliquid](https://www.anchorterminal.com/compare/deribit-vs-hyperliquid.md)
- [Deribit vs Kraken API](https://www.anchorterminal.com/compare/deribit-vs-kraken.md)
- [Deribit vs KuCoin](https://www.anchorterminal.com/compare/deribit-vs-kucoin.md)
- [Deribit vs MEXC API](https://www.anchorterminal.com/compare/deribit-vs-mexc.md)
- [Deribit vs OKX API](https://www.anchorterminal.com/compare/deribit-vs-okx.md)

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Query this catalogue directly over MCP: https://www.anchorterminal.com/mcp (Streamable HTTP, no key). How: https://www.anchorterminal.com/agents/#mcp