Cryptocurrency Futures Trading – Crypto futures trading has grown significantly in popularity and now dominates the crypto market in terms of trading volume. The ability to go long or short on cryptocurrencies with leverage gives traders an easy way to anticipate price movements in highly volatile crypto markets.
There are now dozens of exchanges where traders can access crypto futures, but some are better than the rest. In this article, we will showcase the best crypto futures trading platforms available based on various factors including liquidity, different futures trading products, maximum leverage, reliability and more.
Table of Contents
- Cryptocurrency Futures Trading
- Understanding Perpetual Futures With Btse: A Comprehensive Guide For Traders — Btse Blog
- Leverage In Crypto Futures Trading: Benefits And Risks
- A Complete Guide To Crypto Futures Trading: From Basics To Advanced Strategies
- Spot Vs Futures, What’s The Difference?
- Introduction To Crypto Futures
- Best Crypto Futures Platforms In 2024
- Traditional Futures Vs. Crypto Futures
- What Is Crypto Futures Trading?. Futures Trading Is A Popular Investment…
Cryptocurrency Futures Trading
Binance Futures is the best crypto futures exchange in our opinion, and the market seems to agree – Binance Futures is by far the largest crypto futures platform by trading volume, and often more than double the daily volume of its next closest competitor. . On the same day.
Understanding Perpetual Futures With Btse: A Comprehensive Guide For Traders — Btse Blog
Binance Futures is the derivatives platform of Binance, which is also the world’s largest crypto exchange in terms of spot market activity. On Binance Futures, traders can access futures contracts that track the price of over 100 different cryptocurrencies, which is a very attractive feature as some crypto futures exchanges only offer products that support high-end coins such as Bitcoin. And Ethereum is connected.
To add to this flexibility, traders can choose between fixed-price and fixed-price futures contracts, as well as fixed-price and fixed-price futures contracts on future cryptocurrencies. Binance Futures offers a lot of leverage – in fact, the availability is so high that most traders will never need to use the maximum leverage.
All these factors combined with the very competitive fee structure on the platform make Binance Futures an excellent candidate for anyone looking for a crypto futures trading platform.
Bybit is a similar exchange to Binance in terms of listed cryptocurrencies and trading products, and the similarities extend to Bybit’s future offering. In fact, Bybet actually started in 2018 as a platform that exclusively offered futures trading and later only offered the spot market.
Leverage In Crypto Futures Trading: Benefits And Risks
Although the exchange has been diversifying its product suite in recent years, futures trading remains Bybit’s strongest future. On Bybit, users can access futures denominated in USDC or USDC stablecoins, but the exchange also offers futures contracts whose price is set in the underlying cryptocurrency.
At Bybit, traders can find futures on a huge selection of cryptocurrencies, from top assets like Bitcoin and Ethereum to more specialized cryptoassets like Nano and Automata. Some futures contracts on the platform have leverage limits of up to 100x, so it can accommodate all kinds of trading strategies.
OKEx is another strong contender in the crypto futures trading arena, handling billions of dollars worth of trading volume every day. As far as crypto contracts go, OKEx offers perpetual swaps, futures and options, resulting in a comprehensive suite of trading products. You can find a very wide range of cryptocurrencies listed on OKX, making the platform suitable for altcoin traders as well as those who just stick to major coins.
OKEx also has a very competitive fee structure, and users can further reduce their fees if they own the platform’s OKB tokens, generate large trading volumes, or both.
A Complete Guide To Crypto Futures Trading: From Basics To Advanced Strategies
A relatively unique feature of OKEx is its trading bot marketplace, which enables users to “follow” trading bots created by others. The makers of these bots get a share of the profits generated by their bots. Additionally, users can launch their own trading bots on this market.
Bitget is a relatively recent entrant to the cryptocurrency scene, but the exchange is making great strides and has grown significantly in recent times. In terms of futures contracts, Bitget settles USDC-settled futures, USDT-settled futures as well as crypto-asset futures.
Bitgate takes its future trading offering to the next level with features like Trade Bot and Copy Trade, which allow users to automatically track trades made by experienced traders.
The exchange is trying to gain a foothold in the highly competitive crypto futures trading industry by offering various bonuses for new traders as well as launching the KCGI Futures Trading Contest.
Spot Vs Futures, What’s The Difference?
Although BitGate Futures lists various cryptocurrencies for trading, it must be said that the list of crypto futures that can be traded on BitGate is not as extensive as what you will find on exchanges like Binance. Bybit and OKEx. Still, the selection of coins that can be traded on Bitgate should be enough for most crypto traders.
Bitfinex is a mainstay of the cryptocurrency industry, as the exchange has been operating since 2012. In more than a decade of operation, Bitfinex has introduced many modern features and the platform has attracted a loyal clientele of traders who require customization and advanced functionality.
For example, Bitfinex traders can easily create multiple limit orders at a certain price range at the same time, and the exchange’s trading interface offers a lot of customization. While Bitfinex is best known for its Bitcoin futures market, the exchange also caters to altcoin traders and offers a solid selection of altcoin futures.
Bitfinex trading fees start at 0.1% for makers and 0.2% for takers, but drop significantly for high-volume traders. LEO token holders of the exchange will receive further discounts on trading fees.
Introduction To Crypto Futures
Bitfinex is definitely a strong candidate when it comes to the best crypto futures trading platform, and this is especially true if you are an advanced trader focusing on Bitcoin trading.
Kraken is a cryptocurrency exchange founded in 2011 and has since become one of the most trusted names in the crypto industry. Although the exchange has been on the market for over a decade, Kraken has never had a cryptocurrency wallet hack, which is unfortunately rare among cryptocurrency exchanges.
While Kraken is best known for its spot market, the exchange also has a futures trading platform. This functionality can be accessed under the Kraken Pro banner. Similar to the Kraken spot market, where a wide variety of cryptocurrencies can be traded, traders can also access dozens of different coins on the Kraken Futures platform.
While Kraken’s crypto futures offering is definitely worth checking out, it’s unfortunately not available in all jurisdictions. Notably, Kraken does not offer futures trading to customers in the United States, United Kingdom, Italy, Spain, Russia, Canada and other countries.
Best Crypto Futures Platforms In 2024
Bitmex is a cryptocurrency exchange that pioneered the crypto derivatives market, most notably with its Bitcoin Perpetual Futures Contract. Although its market share has decreased recently, it is still a powerful platform for experienced traders.
Bitmex now also offers spot trading, but its primary strength lies in its crypto derivatives platform, which includes perpetual exchanges and futures contracts. These contracts can be margined in BTC, USDT, or ETH.
BitMex recently introduced the BMAX token, which is similar in design to other exchange tokens such as BNB and OKB. BDEX token holders get discounts on trading fees and original holders can also get fee waivers, which is a good benefit for active traders.
Deribit is a cryptocurrency derivatives platform that is most popular for its options products, but also offers cryptocurrency futures.
Traditional Futures Vs. Crypto Futures
While Deribit’s options are limited to Bitcoin and Ethereum, it also offers USDC-denominated futures contracts for various altcoins – examples include Avalanche, Algorand, Uniswap, Cardano and Polkadot. In the case of Bitcoin and Ethereum Futures, users can settle the futures in the respective cryptocurrency (such as BTC or ETH) or USDT.
Deribit leverages up to 100x its perpetual futures, which meets industry standards for high-volume trading. For Bitcoin and Ethereum, Deribit traders can access not only permanent contracts, but also traditional futures contracts.
Overall, Deribit is a crypto trading platform with a strong reputation among traders and a very professional approach. Deribet traders can access the testnet version of the site where trading strategies can be tested without risking any real funds.
Coinbase International is a cryptocurrency exchange launched by Coinbase to provide certain crypto trading services outside of the US market. It offers perpetual crypto futures contracts with 10x leverage. As of January 2024, Coinbase International users can trade fixed-term contracts linked to the price movements of 15 different cryptocurrencies, mainly major market coins.
What Is Crypto Futures Trading?. Futures Trading Is A Popular Investment…
Although Coinbase International is not yet a major player in the cryptocurrency derivatives sector, the exchange is gaining momentum. For example, in December 2023, the exchange recorded $7.6 billion in estimated 30-day trading volume in its crypto futures contracts. Exchange users can potentially look forward to new features and crypto asset listings as Coinbase International continues to release its suite of trading products.
Coinbase has been operating for over a decade, and
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