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Best Crypto Futures Trading Platforms in 2024

Written by Charles

Written by:

Charles

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This article has been reviewed by crypto market experts at SCM to ensure all the content, sources, and claims adhere to the highest standards of accuracy and reliability.

Last Updated on June 20, 2024

As we navigate through 2024, crypto futures trading continues to gain traction, offering traders unique opportunities to hedge risks and speculate on price movements with leverage.

However, the sheer number of platforms available can be overwhelming.

This article aims to guide you through the best crypto futures trading platforms of 2024, highlighting their key features, benefits, and what sets them apart in an increasingly competitive market.

Whether you’re a seasoned trader or a newcomer eager to dive into futures trading, this comprehensive guide will help you find the platform that best suits your needs and trading style.

#1. Bybit

bybit exchange

Feature Description
Founding Date March 2018
Location Singapore
Reputation User-friendly, robust trading engine, comprehensive futures trading options
Number of Users 1. 6 Millions
Daily Trading Volume Often exceeds $10 billion
Supported Coins Over 100 cryptocurrencies
Trading Pairs More than 250
Leverage Up to 100x
Types of Futures Contracts Perpetual, Quarterly
Trading Fees Maker: 0.025% (rebate), Taker: 0.075%
Security Measures 2FA, cold storage, multi-signature withdrawals, security audits
Customer Support 24/7 via live chat, email, social media
Order Types Market, Limit, Conditional, Stop-Loss, Take-Profit
Pros High liquidity, user-friendly, advanced features, strong security, 24/7 support
Cons Limited fiat support, regulatory concerns, high leverage risks

Bybit, a prominent cryptocurrency exchange, was founded in March 2018 and is headquartered in Singapore.

It has quickly gained a strong reputation for its user-friendly interface, robust trading engine, and comprehensive range of crypto futures trading options.

Bybit serves over 1.6 million users worldwide, and it consistently ranks within the top 5 crypto futures exchanges by trading volume.

With millions of registered users worldwide and a daily trading volume often exceeding $10 billion, Bybit has cemented its place as a significant player in the crypto trading industry. The platform supports over 100 cryptocurrencies, offering more than 250 trading pairs with leverage up to 100x.

Bybit provides both perpetual and quarterly futures contracts, catering to various trading preferences. Perpetual contracts do not have an expiry date, while quarterly contracts settle every three months. The trading fees on Bybit follow a maker-taker model, with maker fees typically at 0.025% (rebate) and taker fees at 0.075%.

Security is a top priority for Bybit, featuring two-factor authentication (2FA), cold storage for the majority of user funds, multi-signature withdrawal processes, and regular security audits.

Additionally, Bybit offers 24/7 customer support through live chat, email, and social media channels, alongside an extensive help center and educational resources.

The platform provides several order types for trading crypto futures, including market orders, limit orders, conditional orders, stop-loss orders, and take-profit orders.

Bybit’s strengths include high liquidity, an intuitive interface, advanced trading features, robust security measures, and dedicated customer support.

However, it has some limitations, such as limited fiat support, regulatory concerns, and the risks associated with high leverage.

#2. BingX

bingx exchange

BingX, founded in 2018, is headquartered in Singapore and was established by a team of professionals from top VC firms, financial institutions, and internet companies. Based out of offices in Canada, the EU, and Australia, BingX has built a reputation for diversified trading opportunities.

The platform is recognized for its user-centric approach and innovative features in the crypto futures trading space, earning accolades such as TradingView’s Best Crypto Exchanges award in 2021 and 2022.

BingX serves over 10 million users globally and has a daily trading volume of approximately $290 million, highlighting its significant presence in the market​ 

BingX supports over 250 cryptocurrencies and offers 853 trading pairs, providing users with ample options for trading. The platform allows for leverage up to 125x for crypto futures trading.

BingX offers two types of futures contracts: perpetual futures, which do not have an expiration date, and quarterly futures, which expire every three months.

The trading fees for futures on BingX are competitive, with a maker fee of 0.02% and a taker fee of 0.05%. VIP users can benefit from reduced fees based on their trading volume​.

Security is a top priority for BingX, employing measures such as two-factor authentication (2FA), cold storage for most user funds, and regular audits by firms like Mazars.

The platform has not suffered any major security breaches, enhancing its reputation for reliability. Customer support is available 24/7 via live chat and email, ensuring users can get assistance whenever needed​.

BingX offers various order types for crypto futures trading, including market orders, limit orders, stop-limit orders, and stop-market orders.

One of the standout features of BingX is its copy trading functionality, allowing users to follow and replicate the trades of over 1,000 active traders on the platform. This feature is highly popular and well-developed, making BingX a preferred choice for many traders​.

Pros and Cons of BingX:

Pros Cons
Supports over 250 cryptocurrencies High leverage options pose significant risk
High leverage up to 125x Some features may not be available in all countries
User-friendly interface Limited fiat support, focusing mainly on crypto-to-crypto trading
Strong security measures, including 2FA and cold storage  
24/7 customer support via live chat and email  
Innovative copy trading feature  

 

#3. Phemex

phemex exchange

Feature Details
Founding Date November 2019
Founders Jack Tao and former Morgan Stanley executives
Location Singapore
Reputation Strong, known for reliability, user-friendly platform, high liquidity, and competitive fees
Number of Users Over 1 million
Daily Trading Volume Over $1 billion
Supported Coins Over 50
Futures Contracts Around 30 trading pairs
Leverage Up to 100x on various pairs
Futures Contract Types Linear and inverse perpetual contracts
Maker Fee 0.025%
Taker Fee 0.075%
Security Measures Cold storage, multi-signature wallets, 2FA, regular audits, DDoS protection
Customer Support 24/7 via live chat, email, Help Center
Order Types Market, limit, stop-limit, stop-market, conditional orders
Pros User-friendly, high liquidity, competitive fees, strong security, 24/7 support, high leverage
Cons Risks of high leverage, limited fiat support, relatively new platform

Phemex, founded in November 2019 by a group of former Morgan Stanley executives led by Jack Tao, is headquartered in Singapore. It has quickly gained a strong reputation in the crypto futures trading market due to its user-friendly platform, high liquidity, and competitive trading fees. Known for its reliability and robust security measures, Phemex has over 1 million registered users and handles an average daily trading volume of over $1 billion. The platform supports over 50 different cryptocurrencies and offers futures contracts for around 30 different trading pairs, providing leverage up to 100x on various pairs, including popular pairs such as BTC/USD and ETH/USD.

Phemex offers both linear and inverse perpetual contracts, with competitive trading fees: a maker fee of 0.025% and a taker fee of 0.075%. The platform employs several security measures to protect its users, including cold storage for the majority of user funds, multi-signature wallets, Two-Factor Authentication (2FA), regular security audits, and protection against DDoS attacks. Additionally, Phemex offers 24/7 customer support through live chat, email, and a comprehensive Help Center with FAQs and guides.

Phemex provides a range of order types for trading crypto futures, including market orders, limit orders, stop-limit orders, stop-market orders, and conditional orders. The platform’s pros include its user-friendly interface, high liquidity and trading volume, competitive trading fees, strong security measures, 24/7 customer support, a wide range of supported cryptocurrencies and futures contracts, and high leverage options. However, the cons include the risks associated with high leverage, limited support for fiat currencies, and the potential lack of some features compared to more established platforms due to its relatively recent establishment.

#4. MEXC

mexc exchange

MEXC, founded in 2018 and headquartered in Singapore, has quickly established itself as a reputable platform in the cryptocurrency futures trading market.

Despite limited transparency regarding its founding team, MEXC has gained significant traction with over 6 million users globally and a daily trading volume exceeding $1 billion.

The platform is known for supporting a wide range of cryptocurrencies, offering over 200 different coins and more than 500 trading pairs.

MEXC provides a variety of futures contracts, including both perpetual and quarterly futures, with leverage options up to 125x depending on the specific asset and market conditions.

The trading fees are competitive, with a maker fee of 0.02% and a taker fee of 0.06%.

Security is a top priority for MEXC, which employs measures such as two-factor authentication (2FA), cold wallet storage for the majority of user funds, regular security audits, and anti-phishing codes.

Additionally, MEXC offers 24/7 customer support through live chat, email, and a comprehensive help center.

Traders on MEXC have access to various order types, including market orders, limit orders, stop-limit orders, stop-market orders, trailing stop orders, and take profit orders.

The platform’s pros include its wide range of supported assets, high leverage options, competitive fees, strong security measures, and user-friendly interface.

However, it does have some cons, such as limited transparency regarding its founders, varying regulatory compliance by region, and complexity for beginners due to its extensive features and options.

#5. Bitget

bitget exchange
Aspect Details
Founding Date 2018
Founders Not publicly disclosed
Location Singapore
Reputation Prominent platform for crypto futures trading with a strong user-friendly interface and robust security measures
Number of Users Over 2 million globally
Daily Trading Volume Exceeds $5 billion
Supported Coins Over 200 cryptocurrencies
Futures Contracts USDT-Margined and Coin-Margined contracts
Trading Pairs Wide range with leverage options from 1x to 125x
Futures Contracts Types USDT-Margined Contracts (settled in USDT), Coin-Margined Contracts (settled in underlying cryptocurrency)
Trading Fees Maker Fee: 0.02%, Taker Fee: 0.06%
Security Measures Cold storage, 2FA, anti-phishing code, insurance fund
Customer Support 24/7 live chat, email support, comprehensive help center
Order Types Market Order, Limit Order, Stop-Limit Order, Stop-Market Order, Trailing Stop Order
Pros Wide range of supported coins, high leverage options, user-friendly interface, strong security measures, comprehensive customer support
Cons Limited information on founders, complexity for beginners with high leverage trading, geographic restrictions on some features due to regulatory constraints

 

Bitget, founded in 2018 and headquartered in Singapore, has quickly established itself as a significant player in the cryptocurrency futures trading space.

While the founders of Bitget are not publicly disclosed, the platform’s reputation speaks for itself, boasting over 2 million registered users globally.

Known for its user-friendly interface, robust security measures, and comprehensive range of trading options, Bitget enjoys a strong standing in the cryptocurrency community.

The platform handles a daily trading volume exceeding $5 billion, underscoring its prominence among crypto futures exchanges.

Bitget supports over 200 cryptocurrencies and offers a variety of futures contracts, including USDT-Margined and Coin-Margined contracts. Traders can access a wide range of trading pairs with leverage options varying from 1x to 125x. The futures contracts available on Bitget are categorized into USDT-Margined Contracts, which are settled in USDT, and Coin-Margined Contracts, which are settled in the underlying cryptocurrency, such as BTC or ETH. The trading fees on Bitget are competitive, with a maker fee of 0.02% and a taker fee of 0.06%.

Security is a top priority for Bitget, which employs multiple measures to protect users’ funds and data. These include cold storage for a significant portion of user funds, two-factor authentication (2FA), an anti-phishing code, and an insurance fund to protect users against potential losses due to unforeseen circumstances. Bitget also offers robust customer support, including 24/7 live chat, email support, and a comprehensive help center with guides, FAQs, and tutorials.

Traders on Bitget can utilize various order types, such as market orders, limit orders, stop-limit orders, stop-market orders, and trailing stop orders. These options cater to different trading strategies and risk management needs. Despite its many advantages, Bitget has some drawbacks, including limited transparency regarding its founders and the complexity of high-leverage trading for beginners. Additionally, some features may not be available in all regions due to regulatory constraints.

#6. BYDFi

BYDFi
Feature Details
Founding Date 2019
Headquarters Singapore
User Base Hundreds of thousands
Daily Trading Volume Several billion dollars
Supported Coins Over 200
Trading Pairs Over 300
Futures Contracts Perpetual and quarterly
Leverage Up to 125x
Trading Fees Maker: 0.02%, Taker: 0.06%
Security Features 2FA, cold storage, regular security audits, anti-phishing
Customer Support 24/7 live chat, email, comprehensive help center, multilingual support
Order Types Market orders, limit orders, stop-limit orders, stop-market orders
Pros Wide range of cryptocurrencies, high leverage, competitive fees, robust security, excellent customer support
Cons Limited information on founders, relatively new, high leverage risks for inexperienced traders

Founded in 2019, BYDFi has quickly established itself as a reputable player in the cryptocurrency futures trading market. Headquartered in Singapore, the platform is known for its user-friendly interface, competitive fees, and a wide range of supported cryptocurrencies. While the specific details of the founders are not publicly disclosed, BYDFi has garnered a significant user base with hundreds of thousands of registered users and a daily trading volume reaching several billion dollars.

BYDFi supports over 200 different cryptocurrencies and offers more than 300 trading pairs. Traders on the platform can access both perpetual and quarterly futures contracts with leverage options up to 125x. The trading fees are competitive, typically around 0.02% for maker fees and 0.06% for taker fees.

Security is a top priority for BYDFi, which employs robust measures such as two-factor authentication (2FA), cold storage for the majority of user funds, regular security audits, and anti-phishing features. Customer support is available 24/7 through live chat, email, and a comprehensive help center, with multilingual support to cater to a global audience.

The platform supports various order types for futures trading, including market orders, limit orders, stop-limit orders, and stop-market orders. BYDFi’s pros include a wide range of supported cryptocurrencies, high leverage options, competitive fees, robust security, and excellent customer support. However, the platform has limited information on its founders and, being relatively new, may be less trusted than more established exchanges. Additionally, the high leverage options can pose significant risks for inexperienced traders.

Deribit

Deribit exchange
Aspect Details
Founding Date 2016
Founders John Jansen (CEO), Marius Jansen (COO)
Location Panama
Reputation High liquidity, advanced trading features, robust security measures
Number of Users Approximately 1 million
Daily Trading Volume Over $2 billion
Supported Coins Bitcoin (BTC), Ethereum (ETH)
Futures Contracts Bitcoin Futures, Ethereum Futures
Trading Pairs BTC/USD, ETH/USD
Leverage Up to 100x
Futures Contracts Types Perpetual Contracts, Fixed Maturity Contracts
Futures Trading Fees Maker Fee: -0.025%, Taker Fee: 0.075%
Security Measures Cold storage, Two-Factor Authentication (2FA), Regular Audits
Customer Support Email support, ticketing system, active community support
Order Types Limit, Market, Stop, Stop-Limit, Take-Profit, Trailing Stop
Pros High liquidity, advanced trading features, competitive fees, robust security
Cons Limited coin selection, complex for beginners, regulatory concerns

Founded in 2016 by John Jansen (CEO) and Marius Jansen (COO), Deribit has established itself as a prominent player in the cryptocurrency derivatives market. Based in Panama, the platform has earned a solid reputation for its focus on Bitcoin and Ethereum futures trading. Deribit is particularly known for its high liquidity, advanced trading features, and robust security measures, making it a preferred choice among professional traders.

With approximately 1 million users and a daily trading volume exceeding $2 billion, Deribit supports trading primarily in Bitcoin (BTC) and Ethereum (ETH). The platform offers a range of futures contracts, including both perpetual contracts, which have no expiration date, and fixed maturity contracts, which expire on set dates. Traders can engage in BTC/USD and ETH/USD pairs with leverage options of up to 100x.

Deribit’s fee structure is competitive, featuring a maker fee rebate of -0.025% and a taker fee of 0.075%. Security is a top priority for Deribit, with the majority of user funds stored in cold storage, two-factor authentication (2FA) for account security, and regular internal and external audits to ensure the integrity of the platform.

Customer support is available through email, a ticketing system, and active community forums, ensuring quick and efficient resolution of issues. The platform supports various order types, including limit, market, stop, stop-limit, take-profit, and trailing stop orders, providing traders with the flexibility they need to execute their strategies.

Despite its many strengths, Deribit has some limitations. The platform primarily supports BTC and ETH, which may not appeal to traders looking for a broader selection of cryptocurrencies. Additionally, its advanced features can be complex for beginners, and its headquarters in Panama may raise regulatory concerns for some users.

 

OKX

okx exchange

Founded relatively recently in the burgeoning crypto industry, OKX has established itself as a significant player, especially in the realm of crypto futures. With its operational hub in Malta, it caters to a sizeable user base eager to capitalize on the volatile crypto market through futures trading. OKX stands out due to its robust trading volume, handling over $10 billion in daily transactions, which signals high liquidity and a trusted platform among traders.

On OKX, you can trade from an extensive selection of over 200 cryptocurrencies. It is a versatile platform offering various futures contracts and supporting more than 400 trading pairs. You have the flexibility of leveraging up to 200x, a feature that attracts traders looking to amplify their trading positions. This high leverage should be navigated with caution, as it carries equally high risks along with the potential for significant rewards.

Futures Contracts & Fees:

  • Type: Weekly, Biweekly, Quarterly
  • Fees: 0% maker fee, 0.01% taker fee

To bolster your trading strategy, OKX provides both perpetual and delivery futures contracts. The fees are competitively low, which can maximize your potential returns.

Security & Support:

Security Feature Description
Cold Storage Majority of funds held offline
Encryption Advanced encryption techniques used
Two-Factor Authentication Additional layer for logins and withdrawals

Your trading experience is buttressed by cutting-edge security measures such as cold storage and encryption, plus 24/7 customer support. These features are crucial for your peace of mind in the fast-paced environment of crypto futures trading.

Order Types:

OKX enables you to maneuver through the market with various order types, such as:

  • Limit Orders: Set your purchase or sale price.
  • Market Orders: Instantly execute at the best available price.
  • Stop Orders: Help limit potential losses or lock in profits.

Pros & Cons:

Pros:

  • High liquidity
  • Extensive leverage options
  • Wide range of cryptocurrencies and contracts
  • Low fees

Cons:

  • The high leverage may not be suitable for beginners
  • Regulatory scrutiny in diverse jurisdictions

In summary, OKX offers comprehensive trading options for crypto futures traders. It combines a robust platform with extensive assets and tools to meet the diverse needs of traders across the globe.

Kraken

kraken exchange

Founded in 2011 and based in the U.S., Kraken is a well-established cryptocurrency exchange that caters to individuals and institutions looking to trade a variety of digital assets, including futures contracts. Recognized for its robust trading platform, Kraken has secured a reputation for offering a seamless and flexible trading experience.

As a Kraken user, you have access to more than 230 cryptocurrencies, with trading across over 130 pairs. In the domain of futures, your options are diverse, with a significant number of contracts that can be traded with up to 50x leverage.

Kraken provides various types of futures contracts, including perpetual, monthly, and quarterly, with competitive trading fees that vary based on your 30-day volume. You’ll find the fees to be relatively low compared to other platforms.

Security is a paramount concern, and Kraken doesn’t skimp on measures to protect your assets. With robust systems in place, you can trade with peace of mind. Additionally, if you require assistance, 24/7 support is available, offering help and guidance whenever you need it.

One of the benefits of trading on Kraken is the variety of order types at your disposal, including limit, market, stop-loss and more, which adds to the flexibility of your trading strategies.

Pros:

  • High-performance, low-latency trading platform
  • Wide range of products and cryptocurrencies
  • Robust security measures
  • Continuous customer support availability

Cons:

  • The variety of features and options may overwhelm new users
  • Certain areas may have limited functionality based on regulatory restrictions

Binance

Binance exchange

Binance, established in 2017, has quickly ascended to become a dominant force in the world of cryptocurrency. Headquartered in Malta, it is renowned for its robust crypto futures trading platform.

Popularity & Volume:

  • Users: Binance has amassed a large user base, becoming the largest cryptocurrency exchange by trading volume globally.
  • Daily Volume: The platform boasts substantial liquidity, reflected in its high daily trading volume.

Platform Capabilities:

  • Supported Coins: Binance offers access to a wide array of coins.
  • Futures Contracts & Trading Pairs: A multitude of futures contracts and trading pairs are available.
  • Leverage: You can utilize leverage up to 125x, although high leverage carries increased risk.

Futures Contracts & Fees:

  • Contract Types: Both USDT-margined and coin-margined futures are available.
  • Trading Fees: Binance Futures trading fees are competitive in the industry.

Security & Support:

  • Security Measures: The platform employs advanced security protocols to protect your assets.
  • Customer Support: Binance provides customer support to assist with any issues you might encounter while trading.

Order Types:
You can execute a variety of order types on Binance, including market, limit, and stop orders, which you can use to manage your trades effectively.

Pros & Cons:

  • Pros:
    • High liquidity
    • Extensive range of trading pairs
    • Advanced trading features
  • Cons:
    • Platform can be complex for beginners
    • High leverage trading can be risky

Remember to research thoroughly and use the leverage responsibly to navigate the risks associated with crypto futures trading on Binance.

BitMEX

BitMEX

BitMEX, established in 2014 and operating from Seychelles, has marked itself as a leading platform for crypto futures trading. Recognized for its advanced features, it caters to a verified customer base interested in high leverage trading opportunities.

As you explore the platform, you’ll find that BitMEX supports a variety of cryptocurrencies. The exact number of supported coins may fluctuate with market trends, but prominent coins are typically available. The leverage can be as high as 100x, empowering you to maximize your trading position.

Supported Futures Contracts:

  • Perpetual contracts
  • Traditional futures

Futures Trading Fees:
Refer to the BitMEX fee schedule for up-to-date information.

Security and Support

For security, BitMEX utilizes industry-leading practices, including multi-signature wallets and two-factor authentication (2FA). Customer support is available around the clock in multiple languages, ensuring assistance is readily accessible.

Order Types

BitMEX offers several order types to meet your trading needs:

  • Market Orders
  • Limit Orders
  • Stop Orders

BitMEX Pros & Cons

Pros:

  • High leverage up to 100x
  • Perpetual and traditional futures contracts
  • Robust security measures

Cons:

  • Limited coin selection compared to spot markets
  • Regulatory concerns in certain jurisdictions

When considering BitMEX for crypto futures trading, evaluate the features, fees, and risks involved. Always ensure you understand the mechanics of leverage and futures contracts before engaging in trading.

How to select/choose the right Crypto Futures Trading Platform?

When choosing a platform for crypto futures trading, it’s essential to assess specific criteria that affect your trading efficiency and security. The following aspects should guide your selection process.

Liquidity and Trading Volume

High liquidity and significant trading volume ensure that you can enter and exit positions with minimal slippage. Look for platforms with consistent, high-volume trade activity to maximize the likelihood of executing trades at your preferred prices.

Fees and Costs

Understand the fee structure before committing to a platform. Trading fees include maker fees (for providing liquidity) and taker fees (for taking liquidity). Some platforms offer lower fees for higher monthly trading volumes, so consider your anticipated activity level when evaluating costs.

Security and Insurance

Prioritize platforms that implement robust security measures to protect your assets. Ensure they offer features like two-factor authentication (2FA) and cold storage options. The presence of an insurance fund can add an extra layer of confidence in case of unforeseen events.

User Interface and Experience

The trading platform’s interface should be intuitive and user-friendly, enabling you to navigate and trade with ease. A disorganized or complex interface can hinder your ability to trade effectively.

Leverage and Margin Requirements

Determine your comfort level with risk when considering leverage options. Platforms offer varying levels of leverage, and it’s important to understand their margin requirements, which can affect your potential profits or losses.

Variety of Futures Products

A diverse selection of futures products, such as different cryptocurrencies and contract expiration terms, can provide more opportunities for trading strategies. Consider platforms that offer a range of products to suit your trading goals.

Technical Indicators and TradingView Integration

Efficient trading platforms incorporate technical indicators and may offer integration with TradingView, enhancing your ability to analyze and anticipate market trends. Look for platforms with a comprehensive set of analytical tools.

Selecting the right crypto futures trading platform requires careful consideration of these critical factors. By doing so, you can enhance your trading decisions and better protect your investments.

Best Apps For Futures Trading Crypto?

When you’re looking to trade crypto futures, selecting the right platform is crucial for your trading success. In 2024, several apps stand out for their robust features, user-friendliness, and strong reputation.

Binance Futures is often the go-to choice for many traders. It offers a comprehensive list of trading pairs and has a trusted track record in the industry.

  • Leverage: Variable, up to 125x
  • Fees: Competitive fee structure with maker and taker fees

Coinbase Advanced caters especially to US-based users, providing a regulated space to engage in futures trading with the benefit of advanced trading features.

  • Leverage: Lower compared to others, focused on compliance
  • Fees: Generally higher than competitors, reflecting regulatory costs

For high leverage and a variety of tradable coins, MEXC might catch your attention. It stands out for its up to 200x leverage on futures trades.

  • Leverage: Up to 200x
  • Fees: Low 0% maker fee and 0.01% taker fee

Gate.io and PrimeXBT are other notable mentions which offer both perpetual and delivery futures. They have built a name for supporting a wide variety of altcoins and offering additional services like copy trading.

Here’s a summarized table for a quick comparison:

Platform Leverage Fees Special Features
Binance Up to 125x Competitive Extensive trading pairs
Coinbase Lower leverage Generally high Regulated for US users
MEXC Up to 200x 0% maker, 0.01% taker High leverage, variety in altcoins
Gate.io Various Varied Perpetual and delivery futures
PrimeXBT Various Competitive Copy trading and multiple assets

Choose a platform that aligns with your trading style and the level of risk you’re willing to take. Remember to consider security, liquidity, and the platform’s fee structure before making your decision.

Additional Trading Offerings

While exploring the best crypto futures trading platforms, you’ll find additional offerings beyond traditional futures contracts. These services cater to a range of trading strategies and preferences, enhancing your trading experience.

Copy Trading and Social Trading Features

Some platforms offer copy trading and social trading features, allowing you to mimic the trades of successful investors. For instance, PrimeXBT provides a copy trading service where you can follow and replicate the strategies of seasoned traders, potentially capitalizing on their trading experience.

Leveraged Tokens and Derivative Products

Derivatives trading is a common fixture on many exchanges, offering instruments such as options and swaps. Leveraged tokens, which provide amplified exposure to cryptocurrency price movements, are also available. For example, Binance Futures offers a variety of leveraged tokens, enabling you to trade with higher leverage without the complexity of managing margin.

Staking and DeFi on Futures Exchanges

Many futures trading platforms integrate staking and DeFi (Decentralized Finance) services. This allows you to earn interest on yourcryptocurrency holdings or partake in DeFi offerings directly through the platform. OKX and Gate.io are examples of exchanges that incorporate these features, offering more than just trading tools, but a wider ecosystem for managing your digital assets.

Frequently Asked Questions

When diving into the world of cryptocurrency futures, it’s essential to have reliable information. Below are answers to some common queries you might have about crypto futures and where to trade them.

Who offers crypto futures?

Major cryptocurrency exchanges such as Binance, Coinbase Pro, and Kraken offer crypto futures trading. These platforms have established themselves as reputable venues for trading futures contracts on a variety of digital assets.

What are the best crypto futures trading platforms?

Binance Futures, Bybit, and Kraken are among the highly regarded platforms for crypto futures trading. These platforms offer a robust trading environment with a range of tools and features suited for both beginner and experienced traders.

Which app is best for crypto future trading?

For mobile app efficiency and user experience, Binance Futures and Bybit have dedicated apps highly rated by users for crypto futures trading. They provide comprehensive features with the convenience of trading on the go.

Which is the cheapest cryptocurrency futures trading platform in USA?

Based on trading fees and market liquidity, Kraken is known to be relatively cost-effective for US-based users. Its fee structure is competitive, catering to both high-volume and retail investors.

Which cryptocurrency exchange has the highest number of futures pairs?

Binance supports a high number of futures pairs, offering a diverse range of trading options for various cryptocurrencies beyond the most popular assets like Bitcoin and Ethereum.

Which platforms offer the best free crypto futures trading experience?

Platforms offering demo accounts, like Bybit, allow you to practice futures trading without real money. They provide a risk-free environment to familiarize yourself with the trading interface and strategies.

How do you choose the best futures broker for small account holders?

Look for a platform with a low minimum deposit, small contract size, and a user-friendly interface. Consider features like leverage options and account security too, which are important even for small accounts.

What is the best platform for crypto futures trading?

The best platform depends on your personal trading needs, but Binance Futures stands out for its extensive range of tools, liquidity, and overall market prevalence.

Does Coinbase allow futures trading?

Yes, Coinbase offers futures trading through its advanced trading platform, providing a regulated space for trading these derivatives.

Can you trade futures on Crypto.com?

Crypto.com has expanded its offerings to include futures trading, giving users access to these financial instruments alongside spot and margin trading options.

Where can I trade crypto futures in the US?

In the US, you can trade crypto futures on regulated exchanges like CME Group and cryptocurrency-specific platforms like Kraken, both compliant with American regulations.

What is the best crypto broker for futures?

The best crypto broker for futures trading often includes considerations like security, user interface, fees, and market liquidity. Binance Futures and Kraken are frequently rated well for their comprehensive offerings and reliability.

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