Configuring your Deribit account

To configure your Deribit account to connect to Fireblocks:

1. Refer to the Deribit.com API Documentation to learn how to generate a new API key. 
2. When prompted to do so, name your new API Key “Fireblocks.”
3. After you confirm the validity of your new API key, copy and keep a record of both the Access Key and Access Secret. You will need them when adding this exchange to your workspace.
4. When creating the new key, make sure you toggle these options as follows:
   • Account: read_write
   • Block trade: none
   • Trade: read
   • Wallet: read_write
   • Custody: none (*unless you want to use the Deribit's Off-exchange account, in which case enable  the read_write option)
5. Restrict API access to a specific IP address, and whitelist the following IP address: 52.76.208.129.
6. If you have 2FA enabled on your Deribit account, copy the code provided to you during the 2FA app setup phase. You will need it when adding this exchange to your workspace.

Configuring Fireblocks

1. In the Fireblocks Console, go to Accounts > Exchanges.
2. Select + Connect Account.
3. Select Deribit, then select Main Account, and then complete the following fields:

1. 1. Name on Fireblocks: Enter the name you want to give this exchange account on Fireblocks. 
   2. Access Key: Enter the Access key that you saved from Deribit.
   3. Access Secret: Enter the Access secret that you saved from Deribit.
   4. Two-Factor Token: Enter the 2FA token you copied from Deribit.
   5. Select Connect Account.

The Admin Quorum must approve the new account to make it available for new transfers from your workspace.

Your Deribit account appears on the Exchanges page along with all managed assets and their balances. Following Admin Quorum approval, transfers are available from your vault accounts, whitelisted addresses, Fireblocks Network connections, and other connected exchange accounts to your Deribit account. 

Enabling withdrawals from Deribit

Deribit sub-accounts

See here. 

Troubleshooting

Why is my withdrawal from Deribit stuck on Broadcasting?

Deribit requires email approval for all withdrawals

• If you have not approved the email, try approving the transaction.
• If it is still stuck, initiate a new transaction and retry the approval process as the approval email has most likely expired.
• If you attempted both previous steps and the funds have still not been successfully withdrawn, contact Fireblocks support for further investigation.

Deribit 2FA should be defined in Fireblocks in order to withdraw from Deribit

• If you receive an "invalid third party response" notice when attempting to withdraw from Deribit, it likely means two-factor authorization (2FA) is not defined for Deribit. To resolve this, copy the 2FA token from Deribit and paste it into the Fireblocks platform as shown in step 3 of the Deribit account guide.
• If you still encounter difficulties, contact Fireblocks support so that we can further investigate.