Crypto futures buying and selling has grown in recognition immensely and now dominates the crypto markets by way of buying and selling quantity. The power to go lengthy or quick on a cryptocurrency with leverage provides merchants a simple strategy to speculate on worth actions within the extremely unstable crypto market.
There’s now dozens of exchanges the place merchants can entry crypto futures, however just a few of them stand out above the remaining. On this article, we’ll characteristic one of the best crypto futures buying and selling platforms accessible immediately, based mostly on a number of components together with liquidity, variety of futures buying and selling merchandise, most leverage, reliability and extra.
The most effective crypto futures buying and selling platforms
With out additional ado, right here’s our listing of one of the best crypto futures buying and selling exchanges proper now:
- Binance Futures – The #1 vacation spot for crypto futures buying and selling
- Bybit – An total strong platform for crypto derivatives buying and selling
- OKX – One of the vital profitable Binance opponents
- Bitget – A crypto futures buying and selling platform on the rise
- Bitfinex – A crypto trade favored by superior merchants
- Kraken Futures – Probably the most trusted trade’s cryptocurrency futures platform
- BitMEX – A pioneering platform for crypto futures buying and selling
1. Binance Futures – The #1 vacation spot for crypto futures buying and selling
Binance Futures is one of the best crypto futures trade in our opinion, and the market appears to agree — Binance Futures is by far the most important crypto futures platform by way of buying and selling quantity, and infrequently has greater than double the day by day quantity of its subsequent closest competitor on any given day.
Binance Futures is the derivatives platform of Binance, which is the world’s greatest crypto trade by way of spot market exercise as nicely. On Binance Futures, merchants can entry futures contracts monitoring the value of nicely over 100 totally different cryptocurrencies, which is a really enticing characteristic since some crypto futures exchanges solely supply merchandise tied to the highest cash comparable to Bitcoin and Ethereum.
So as to add to this flexibility, merchants can select between futures contracts priced and settled in stablecoins, in addition to futures contracts priced and settled of their underlying cryptocurrency. Binance Futures affords very excessive leverage – in reality, the accessible leverage is so excessive that almost all merchants received’t ever want to make use of the utmost allowed leverage.
All of those components mixed with the truth that the platform has a really aggressive payment construction makes Binance Futures an excellent candidate for anybody in search of a crypto futures buying and selling platform.
Trade Crypto Futures on Binance Futures
2. Bybit – An total strong platform for crypto derivatives buying and selling
Bybit is the same sort of trade to Binance by way of listed cryptocurrencies and buying and selling merchandise, and the similarity additionally extends to Bybit’s futures providing. The truth is, Bybit truly began off in 2018 as a platform that solely supplied futures buying and selling, and solely launched spot markets later down the road.
Regardless of the trade diversifying its product suite in recent times, futures buying and selling stays the strongest way forward for Bybit. On Bybit, customers can entry futures which are settled in both the USDC or USDC stablecoins, however the trade additionally affords futures contracts which are priced and settled within the underlying cryptocurrencies.
On Bybit, merchants can discover futures tied to a really massive collection of cryptocurrencies, starting from high property comparable to Bitcoin and Ethereum to extra area of interest crypto property comparable to Nano and Automata. The platform additionally has a really excessive leverage restrict of as much as 100x on sure futures contracts, so it could actually accommodate every kind of buying and selling methods.
3. OKX – One of the vital profitable Binance opponents
OKX is yet one more robust competitor within the crypto futures buying and selling area, dealing with billions of {dollars} price of buying and selling quantity each day. So far as crypto contracts go, OKX supplies perpetual swaps, futures, and choices, leading to a complete suite of buying and selling merchandise. You’ll find a really wide selection of cryptocurrencies listed on OKX, which makes the platform appropriate each for altcoin merchants in addition to those that desire to stay to the most important cash solely.
OKX additionally boasts a extremely aggressive payment construction and customers can cut back their charges even additional in the event that they maintain the platform’s OKB tokens, generate numerous buying and selling quantity, or each.
A comparatively distinctive characteristic of OKX is its buying and selling bot market, which supplies customers the power to to “comply with” buying and selling bots created by others. The creators of those bots earn a portion of the earnings generated by their bots. Moreover, customers may introduce their very own buying and selling bots to this market.
4. Bitget – A crypto futures buying and selling platform on the rise
Bitget is a comparatively latest entrant into the cryptocurrency scene, however the trade has been making numerous proper strikes and has grown in prominence considerably in latest occasions. By way of futures contracts, Bitget lists USDC-settled futures, USDT-settled futures in addition to futures settled within the underlying crypto asset.
Bitget takes its futures buying and selling providing to the following degree with options comparable to buying and selling bots, in addition to copy buying and selling, which permits customers to mechanically comply with the trades made by extra skilled merchants.
The trade has additionally been making an attempt to determine a foothold within the extremely aggressive crypto futures buying and selling trade by introducing a wide range of bonuses for brand new merchants, in addition to the KCGI futures buying and selling competitors.
Whereas Bitget does listing a strong number of cryptocurrencies for futures buying and selling, it needs to be stated that the listing of crypto futures that may be traded on Bitget is just not fairly as in depth as what you’ll be capable to discover on exchanges comparable to Binance, Bybit and OKX. Nonetheless, the collection of cash that may be traded on Bitget ought to suffice for the overwhelming majority of crypto merchants.
Trade Crypto Futures on Bitget
5. Bitfinex – A crypto trade favored by superior merchants
Bitfinex is a mainstay within the cryptocurrency trade, because the trade has been working since 2012. In additional than a decade of operation, Bitfinex has launched a slew of cutting-edge options and the platform has attracted a loyal shopper base of merchants that require customizability and superior performance.
For instance, merchants on Bitfinex can simply create a number of restrict orders throughout a specified worth vary concurrently, and the trade’s buying and selling interface supplies a substantial amount of customization. Whereas Bitfinex is greatest recognized for its Bitcoin futures markets, the trade additionally caters to altcoin merchants, and affords a strong collection of altcoin futures as nicely.
Bitfinex buying and selling charges begin at 0.1% for makers and 0.2% for takers, however lower considerably for merchants with excessive quantity. Holders of the trade’s LEO token obtain additional reductions on buying and selling charges.
Bitfinex is definitely a really robust candidate in relation to one of the best crypto futures buying and selling platforms, and that is very true in case you are a complicated dealer that focuses on Bitcoin buying and selling.
Trade Crypto Futures on Bitfinex
6. Kraken Futures – Probably the most trusted trade’s cryptocurrency futures platform
Kraken is a cryptocurrency trade that was based in 2011 and has since grow to be some of the trusted names within the crypto trade. Though the trade has been in the marketplace for over a decade, Kraken has by no means had its cryptocurrency wallets hacked, which is sadly a rarity amongst cryptocurrency exchanges.
Though Kraken is greatest recognized for its spot markets, the trade additionally has a devoted futures buying and selling platform. This performance could be accessed beneath the Kraken Professional banner. Similar to Kraken’s spot markets, the place all kinds of cryptocurrencies could be traded, merchants may entry dozens of various cash on Kraken’s futures platform.
Whereas Kraken’s crypto futures providing is definitely price testing, it’s sadly not accessible in all jurisdictions. Notably, Kraken doesn’t supply futures buying and selling to shoppers from america, United Kingdom, Italy, Spain, Russia, Canada and an assortment of different nations.
Trade Crypto Futures on Kraken
7. BitMEX – A pioneering platform for crypto futures buying and selling
BitMEX is a cryptocurrency trade that was a pioneer within the crypto derivatives market, particularly with its Bitcoin perpetual futures contracts. Though its market share has shrunk not too long ago, it is nonetheless a strong platform for skilled merchants.
BitMEX now additionally affords spot buying and selling, however its major power lies in its crypto derivatives platform, which incorporates perpetual swaps and futures contracts. These contracts could be margined in BTC, USDT, or ETH.
BitMEX not too long ago launched the BMEX token, which is sort of comparable in design to different trade tokens comparable to BNB and OKB. BMEX token holders get reductions on buying and selling charges, and important holders might even get payment rebates, which is a pleasant perk for energetic merchants.
Trade Crypto Futures on BitMEX
Crypto futures FAQs
Now that we’ve taken a take a look at one of the best crypto futures buying and selling exchanges, let’s shortly reply a number of the most typical questions folks have about cryptocurrency futures buying and selling.
Are you able to commerce futures on crypto?
Sure, you possibly can commerce futures on crypto property. There’s many various platforms that provide cryptocurrency futures contracts which permit customers to go lengthy or quick on particular cryptocurrencies.
What’s the greatest platform to commerce cryptocurrency futures?
In our opinion, one of the best platform to commerce cryptocurrency futures total is Binance Futures, because it has the strongest liquidity and lists a really massive variety of cryptocurrencies. Nevertheless, there’s additionally different strong choices within the cryptocurrency trade, comparable to Bybit, OKX, Bitfinex and several other others.
What’s the most cost-effective futures buying and selling platform for crypto?
As a result of totally different payment constructions utilized by crypto exchanges, it’s inconceivable to say which futures buying and selling platform is the most affordable. For instance, some exchanges supply extraordinarily low charges for merchants with a big quantity whereas charging considerably increased charges to merchants that don’t generate numerous quantity. The charges on Binance and OKX, that are among the many most cost-effective exchanges within the crypto futures buying and selling trade, begin at 0.02% for makers and 0.05% for takers.
How do I begin crypto futures buying and selling?
You can begin crypto futures buying and selling by opening an account with a platform comparable to Binance Futures or Bybit. After performing an id verification verify and funding your account with some crypto (mostly USDT), it is possible for you to to commerce crypto futures. Nevertheless, please remember that cryptocurrency futures buying and selling could be very dangerous and might result in substantial losses.
Are crypto futures at all times open?
Sure, crypto futures are at all times open on cryptocurrency exchanges. Nevertheless, some conventional securities exchanges that listing crypto futures, such because the CME, aren’t open 24/7.
The underside line – There’s no scarcity of fine crypto futures buying and selling platforms
No matter whether or not you’re simply beginning with crypto futures buying and selling or are already a seasoned veteran, you’ll doubtless be capable to discover a crypto futures buying and selling platform that fits your wants. Hopefully, our listing helped you establish one of the best such platforms accessible in the marketplace immediately.
When you’re additionally seeking to construct your cryptocurrency portfolio along with buying and selling futures, be sure to take a look at our listing of the best cryptocurrencies for long-term investors.