Best Crypto Futures Trading Platform In Australia For 2025

Australia’s cryptocurrency market is rapidly growing, and futures trading has become attractive for traders looking to capitalize on market movements.

With futures contracts, traders can speculate on the price of cryptocurrencies and potentially earn high returns using leverage.

However, selecting Australia’s best crypto futures trading platform is essential to ensure a seamless and secure trading experience.

In this guide, we review the top crypto futures trading platforms available in Australia, examining their features, fees, supported coins, and security measures to help you choose the best option for your trading journey.

Top Crypto Futures Exchanges in Australia

1. Bybit

Bybit, founded in 2018 by Ben Zhou, is a leading cryptocurrency derivatives and futures trading platform headquartered in Dubai.

It has gained significant popularity among Australian traders for offering up to 100x leverage on major trading pairs like BTC/USDT and ETH/USDT.

Bybit also supports various other futures pairs, including SOL/USDT, DOT/USDT, and XRP/USDT, with leverage varying between 25x and 50x, depending on the asset.

Bybit’s trading fees are highly competitive, with taker fees set at 0.0550% and maker fees at 0.0200% for futures and perpetual contracts.

This fee structure makes Bybit appealing to both high-frequency traders and long-term investors.

The platform offers a variety of order types, including market, limit, stop-limit, and take-profit orders, giving traders the flexibility to implement a wide range of strategies.

Bybit also provides advanced risk management tools such as cross and isolated margins, allowing traders to manage their positions according to their risk appetite.

Cross margin spreads risk across multiple positions, while isolated margin contains risk to a single trade.

Additionally, Bybit features automated trading bots and a copy trading system, making it easier for novice traders to mirror successful strategies.

Other noteworthy offerings include staking and crypto loans, making Bybit not just a futures platform but a comprehensive hub for various crypto financial services.

 

2. BingX

BingX, founded in 2018 in the British Virgin Islands, is a popular platform for cryptocurrency trading, offering a wide range of services, including spot trading, standard and perpetual futures contracts, and social trading.

Regulated in Australia by the Digital Currency Exchange (DCE), BingX caters to the needs of Australian traders, providing them with a secure and compliant platform.

In the futures trading arena, BingX allows leverage up to 150x on popular pairs like BTC/USDT, ETH/USDT, SOL/USDT, and XRP/USDT, making it a suitable choice for high-risk traders.

The platform’s fee structure is competitive, with maker fees set at 0.02% and taker fees at 0.05%, ensuring cost-efficient trading.

The platform offers multiple order types, such as market, limit, stop-loss, and take-profit, providing flexibility in executing diverse trading strategies.

BingX also stands out with its social trading features, which include copy trading and automated grid trading bots.

These tools are designed to help novice and experienced traders maximize their potential returns by replicating successful traders’ strategies or automating their trades to capitalize on price movements.

BingX’s user-friendly interface, advanced charting tools, demo trading options, and the ability to trade over 300 cryptocurrencies make it a strong choice for traders in Australia looking for a robust and versatile trading platform.

 

3. Phemex

Phemex is a global cryptocurrency exchange founded in 2019 in Singapore by a group of experienced Wall Street traders led by Jack Tao.

Though headquartered in Singapore, it serves users across the globe, including Australia.

Phemex has gained popularity for its advanced trading features, making it a preferred platform for Australian crypto traders looking to participate in futures trading.

Phemex offers leverage of up to 100x on its futures contracts, allowing traders to magnify their positions significantly.

This high leverage makes it appealing to experienced traders aiming for more significant gains with smaller capital but also carries higher risk. Australian traders often engage in popular trading pairs like BTC/USD, ETH/USD, XRP/USD, and LINK/USD, reflecting the broader demand for significant cryptocurrencies.

Regarding fees, Phemex applies a maker-taker fee model for futures and perpetual contracts. The maker fee is 0.0100%, while the taker fee is 0.0600%.

These competitive rates contribute to its appeal, particularly for high-volume traders. Additionally, Phemex does not charge any deposit fees, though there may be withdrawal fees depending on the asset.

Phemex supports various order types, such as market, limit, and stop-loss orders, enabling traders to employ different strategies for risk management and trade execution.

The platform’s user-friendly interface and robust trading engine cater to beginners and professional traders in Australia. Overall, Phemex stands out for its leverage, competitive fees, and versatility in futures trading.

 

4. BYDFi

BYDFi, founded as Bityard in Singapore in 2020, is a cryptocurrency exchange designed for beginners and experienced traders.

It was founded by a team of blockchain enthusiasts and financial experts to create a platform that simplifies derivatives trading. BYDFi has since rebranded and expanded its global reach, including services to Australian traders.

The platform offers up to 200x leverage on futures trading, making it one of the highest-leverage exchanges in the market.

This allows traders in Australia to amplify their positions significantly, but it also means higher risk, which appeals to experienced traders looking for greater returns.

Popular futures trading pairs on BYDFi include BTC/USDT, ETH/USDT, and DOT/USDT, reflecting the demand for leading cryptocurrencies.

Regarding fees, BYDFi charges a 0.06% taker fee and a 0.02% maker fee for perpetual and futures contracts. These low fees make it attractive for high-frequency traders looking to minimize transaction costs while engaging in leveraged trading.

BYDFi supports multiple order types, including market, limit, and stop-limit orders, offering flexibility for different trading strategies.

The user-friendly platform is designed to cater to novice traders and professionals.

Its wide range of supported assets and features make it an appealing option for Australian traders seeking an accessible, low-cost platform for futures trading with significant leverage options.

 

5. FameEX

FameEX is a cryptocurrency exchange founded in 2020 in Australia by experienced financial professionals and blockchain enthusiasts.

Its mission is to provide crypto traders with a secure, efficient, and user-friendly platform. FameEX has gained popularity for its focus on offering a wide range of trading options, particularly in the derivatives market.

FameEX offers leverage of up to 125x on its futures contracts, making it an attractive choice for experienced traders looking to maximize potential profits with minimal capital.

This high leverage, however, also comes with higher risk, making it suitable for traders familiar with the volatility of cryptocurrency markets.

Some of the popular futures trading pairs on the platform include BTC/USDT, ETH/USDT, and LTC/USDT, catering to the most traded digital assets in the market.

Regarding fees, FameEX adopts a maker-taker fee model for futures trading, with a taker fee of 0.0600% and a maker fee of 0.0200%.

These fees are competitive and align with industry standards, making FameEX an appealing option for traders focused on futures trading.

The platform supports various order types, including market, limit, stop-limit, and stop-market orders, giving traders flexibility in managing their trades.

FameEX has positioned itself as a versatile platform with advanced trading tools that cater to beginners and professional traders in Australia.

 

6. BitMEX

BitMEX, short for Bitcoin Mercantile Exchange, was founded in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed.

Headquartered in Seychelles, it is one of the earliest and most well-known platforms for cryptocurrency derivatives trading. BitMEX has gained global recognition, including in Australia, for offering traders advanced futures and perpetual contracts.

BitMEX allows traders to leverage up to 100x on Bitcoin futures, providing high-risk, high-reward opportunities for experienced traders.

This significant leverage offering has made it popular for those looking to maximize profits on small capital, although it comes with equally high risks.

The platform primarily focuses on Bitcoin futures (BTC/USD) but also offers contracts on other cryptocurrencies such as Ethereum (ETH/USD), Litecoin (LTC/USD), and Ripple (XRP/USD).

In terms of fees, BitMEX charges a maker fee of -0.015%, meaning makers get a rebate for providing liquidity. The taker fee is 0.075%, which aligns with industry standards for perpetual and future contracts.

These competitive rates are one of the reasons BitMEX continues to attract high-volume traders.

BitMEX supports several advanced order types, such as market, limit, stop, and trailing stop orders, which allows traders to implement various trading strategies and manage risk effectively.

The platform is favored by professional and institutional traders, given its sophisticated features and deep liquidity in futures markets.

 

7. Bitget

Bitget was founded in 2018 in Singapore by Sandra Lou, and it has rapidly grown into one of the prominent platforms in the cryptocurrency trading space, including in Australia.

Bitget is known for its focus on futures trading and offers a variety of features for both beginner and advanced traders.

Bitget allows traders to use leverage of up to 125x on their futures contracts, enabling them to take more prominent positions with minimal capital.

Popular futures trading pairs on Bitget include BTC/USDT, ETH/USDT, and EOS/USDT, catering to the demand for significant cryptocurrencies.

The platform’s high-leverage options appeal to professional traders seeking higher potential profits, though they come with increased risk.

In terms of fees, Bitget applies a competitive fee structure.

The maker fee for futures trading is 0.02%, and the taker fee is 0.06%. These fees align with other major cryptocurrency exchanges, making Bitget a cost-effective choice for futures traders.

The platform offers many order types, such as limit, market, and stop-loss orders. This flexibility allows traders to execute various trading strategies, enhancing their ability to manage risk and optimize profits.

Bitget’s user-friendly interface and advanced trading features make it a suitable platform for traders of all experience levels in Australia.

 

8. Binance

Binance, one of the world’s largest cryptocurrency exchanges, was founded in China in 2017 by Changpeng Zhao (CZ).

However, due to regulatory challenges, Binance relocated its headquarters to Malta and expanded its operations globally, including Australia.

The platform is widely recognized for offering various services, including spot trading, futures trading, staking, etc.

Regarding futures trading, Binance offers leverage of up to 125x on selected futures contracts, making it one of the highest-leverage platforms in the industry.

This allows traders to open prominent positions with relatively little capital, appealing to those looking for higher returns with advanced risk management.

Popular futures trading pairs on Binance include BTC/USDT, ETH/USDT, and BNB/USDT, reflecting the platform’s focus on high-volume cryptocurrencies.

Binance employs a tiered fee structure for futures trading based on the user’s 30-day trading volume.

For most users, the maker fee starts at 0.0200%, and the taker fee is 0.0500%, but these fees can decrease as trading volume increases, providing an incentive for high-frequency traders.

Binance offers various order types: market, limit, stop-limit, and trailing stop orders.

This range of options allows traders to execute advanced strategies and manage risk effectively. Binance’s vast liquidity, advanced trading features, and competitive fees make it a go-to platform for both beginner and experienced traders in Australia and globally.

 

9. Kraken

Kraken, founded in 2011 by Jesse Powell in San Francisco, is one of the industry’s oldest and most reputable cryptocurrency exchanges.

While its headquarters remain in the United States, Kraken has a global presence, including in Australia, where it has become a popular choice for cryptocurrency traders due to its strong emphasis on security and compliance with regulations.

Kraken offers up to 50x leverage on its futures contracts, allowing traders to take advantage of market volatility with enhanced buying power.

While lower than some competitors, this leverage option offers a balanced risk approach, appealing to traders seeking both opportunity and risk management.

Popular futures trading pairs on Kraken include BTC/USD, ETH/USD, and LTC/USD, providing access to the most traded cryptocurrencies in the market.

Kraken’s fee structure for futures trading operates on a maker-taker model. The maker fee is as low as 0.25%, and the taker fee is 0.40%, which is competitive compared to other major exchanges.

The platform also offers lower fees for higher trading volumes, making it attractive for professional traders.

Regarding order types, Kraken supports market, limit, stop-loss, and trailing stop orders, providing traders ample options to execute complex trading strategies.

Kraken’s focus on regulatory compliance, robust security features, and intuitive user interface make it a preferred platform for novice and experienced traders in Australia.

 

10. KuCoin

KuCoin, founded in 2017 and based in Seychelles, is a global cryptocurrency exchange that has gained significant popularity among Australian traders.

KuCoin was co-founded by Michael Gan and Eric Don to provide a secure, user-friendly platform for cryptocurrency trading. The platform is known for its wide range of supported cryptocurrencies and robust futures trading features.

KuCoin offers up to 100x leverage on its futures contracts, enabling traders to take prominent positions with relatively small initial capital.

This level of leverage is attractive to experienced traders seeking to maximize potential profits but also entails a high level of risk. Popular futures trading pairs on KuCoin include BTC/USDT, ETH/USDT, and DOT/USDT, among others.

In terms of fees, KuCoin applies a competitive maker-taker fee structure. The maker fee for futures trading is 0.02%, while the taker fee is 0.06%.

These fees align with other principal exchanges, and KuCoin offers further reductions for high-volume traders or those holding KuCoin’s native token (KCS).

KuCoin supports various order types, including market orders, limit orders, stop-limit, and trailing stop orders, giving traders the flexibility to execute diverse trading strategies.

The platform’s easy-to-use interface, competitive fee structure, and advanced trading tools make it a preferred platform for beginner and professional traders in Australia.

 

11. Margex

Margex is a relatively new cryptocurrency exchange, founded in 2020 and headquartered in Seychelles. The platform is designed for margin and derivatives trading, appealing to users globally, including in Australia.

Margex’s key focus is providing a simple, user-friendly trading environment with solid security features.

The platform offers leverage of up to 100x on its futures contracts, allowing traders to maximize their exposure with minimal capital.

Popular futures trading pairs on Margex include BTC/USD, ETH/USD, and LTC/USD, which cater to traders interested in significant cryptocurrencies. The platform focuses on beginner and experienced traders with its straightforward interface and competitive features.

In terms of fees, Margex charges a taker fee of 0.060% and a maker fee of 0.019%.

These fees are comparable with other major exchanges and are designed to attract casual and high-frequency traders. Margex also has no hidden costs, which provides users with transparency.

Margex supports various order types, such as limit, market, and stop-loss orders, giving traders flexibility in executing their strategies.

With its focus on simplicity, robust leverage options, and security features, Margex is gaining attention from traders in Australia and worldwide who are looking for an efficient platform for margin and futures trading.

 

12. DYDX

dYdX is a decentralized cryptocurrency exchange founded in 2017 by Antonio Juliano, a former Coinbase engineer headquartered in the U.S.

It is known for being one of the leading platforms in decentralized finance (DeFi) that specializes in margin trading and derivatives.

Unlike traditional exchanges, dYdX operates on Ethereum Layer 2 to provide fast, low-cost transactions and allows users to maintain control of their funds through non-custodial trading.

For future trading, dYdX offers up to 20x leverage, which is lower than some centralized exchanges but suitable for DeFi users who prioritize security and decentralization.

Popular futures trading pairs include BTC/USDT, ETH/USDT, and LINK/USDT. These pairs reflect the high demand for the most traded cryptocurrencies on decentralized platforms.

In terms of fees, dYdX operates on a tiered structure. For the most basic level, the taker fee is 0.050%, and the maker fee is 0.020%.

Fees can decrease with higher trading volumes, and staking dYdX’s native token (DYDX) can also lower costs.

The platform supports various order types, including market orders, limit orders, and stop-limit orders, giving traders flexibility in managing their trades. dYdX has attracted a significant user base in Australia and globally due to its decentralized nature, robust security features, and focus on non-custodial futures trading with moderate leverage options.

 

How to Trade Crypto Futures in Australia?

Trading cryptocurrency futures in Australia is becoming increasingly popular as traders look to capitalize on market volatility while employing advanced strategies. Here’s a step-by-step guide on how to trade crypto futures in Australia:

• Choose a Platform: Select a futures trading exchange like Binance, BitMEX, Phemex, or KuCoin based on leverage options, fees, and features.
• Sign Up & Verify: Create an account and complete the KYC by submitting proof of identity and address.
• Deposit Funds: Add funds using cryptocurrencies like BTC or USDT, or deposit AUD on supported platforms.
• Understand Leverage: Leverage amplifies gains and losses, with some exchanges offering up to 100x leverage. Use it carefully.
• Select a Futures Contract: Choose between perpetual (no expiry) or fixed-term contracts, depending on your strategy.
• Place Your Trade: Use market, limit, or stop orders to open a position, setting your leverage and trade size.
• Manage Your Position: Monitor trades, set stop-loss, and take-profit orders to manage risk.
• Close the Position: Manually close or let the trade expire and settle profits or losses.
• Tax Considerations: Report gains or losses as per Australian capital gains tax (CGT) laws.

FAQs

Is futures trading legal in Australia?

Yes, futures trading is legal in Australia. The Australian Securities and Investments Commission (ASIC) regulates derivatives trading, including crypto futures, to ensure compliance with local laws. Traders must use licensed platforms or global exchanges that adhere to Australian regulations to trade futures legally.

Can you trade futures on Bybit in Australia?

Yes, you can trade futures on Bybit in Australia. Bybit offers various futures contracts with leverage of up to 100x for Australian traders. However, compliance with local regulations is essential, as Bybit operates as an international exchange and may have specific terms for Australian users.

Can you leverage trade crypto in Australia?

You can leverage trade crypto in Australia through local and international exchanges. Leverage trading is legal, and platforms like Binance, Bybit, and Kraken offer leverage options. However, traders must comply with Australian regulations and be aware of the risks of high leverage in volatile markets.

Conclusion

In conclusion, Australia’s best crypto futures trading platforms offer a mix of high leverage, competitive fees, and advanced trading features.

Platforms like Bybit and BingX stand out for their reliability and user-friendly interfaces. When choosing a platform, traders should prioritize security, regulation compliance, and risk management.