13 Best Crypto Futures Trading Platforms 2025

Futures trading can result in significant profits or losses compared to the capital required to open and maintain a position. These highly leveraged trading tools are available to all traders across various asset classes, requiring only a small percentage of the total position value as margin.

Read on to discover the best crypto futures trading platforms for low fees, available markets, and other important factors. Learn how crypto futures work, how to trade them, and what risks to consider.

Best Crypto Futures Trading Platforms: Top 13 Picks

The list below outlines the best crypto futures trading platforms for 2025:

  1. PrimeXBT – The overall best crypto futures platform with 200x leverage
  2. MEXC – Top crypto futures exchange with low trading fees
  3. OKX – Trade weekly, monthly, quarterly, and bi-annual Bitcoin futures
  4. Binance – Access $125,000 worth of futures capital for every $1,000 risked
  5. BloFin – User-friendly and secure crypto futures exchange
  6. Bybit – Offers perpetual futures on 440 crypto markets with high leverage
  7. KuCoin – High-volume trading platform with over 300 altcoin futures markets
  8. Gate.io – Cross-collateral feature offers margin from spot trading balances
  9. Gemini – The best futures trading platform for institutional traders
  10. Deribit – A great option for trading long-term delivery futures
  11. Coinbase – A US-friendly futures trading platform with robust security
  12. Bitget – USDT and USDC-settled futures with copy trading tools
  13. Crypto.com – A regulated futures platform with over 100 Million users

A Closer Look at the Top Crypto Futures Trading Platforms: Detailed Reviews

Crypto trading with futures requires a secure platform with competitive commissions, a wide selection of markets, and a suite of analysis tools. Other important factors include leverage limits, KYC requirements, deposit methods, and withdrawal speeds.

Read on to learn more about the top crypto futures platforms for 2025.

1. PrimeXBT – The Overall Best Crypto Futures Platform With 200x Leverage

PrimeXBT is the overall best crypto futures trading platform. It’s a great option for trading crypto futures alongside other asset classes. Crypto markets include everything from Bitcoin, Cardano, EOS, and Litecoin to Ethereum, XRP, Cosmos, and Dogecoin. The maximum leverage on crypto futures is 200x. This increases to 1000x when trading major forex pairs like EUR/USD.

PrimeXBT also supports global indices like the S&P 500. You can also trade commodities, including gold, silver, and natural gas. Trading fees are competitive; futures positions cost just 0.01% when placing limit orders. Market orders cost 0.02% per slide. PrimeXBT offers advanced charting tools that are ideal for technical analysis.

Alternatively, beginners might opt for its copy trading tools. Simply pick a trader and automatically replicate their futures positions. Those joining PrimeXBT today will receive a generous welcome bonus. This includes a $500 bonus when depositing $300 or more. You’ll also receive a $5 bonus when trading volumes surpass $100,000.

PrimeXBT Best Crypto Futures Trading Platforms

Pros

  • Supports crypto futures with 200x leverage
  • Also offers commodities, forex, and indices
  • Access comprehensive tools for technical analysis
  • Trade passively via the copy trading feature
  • New customers get a generous welcome bonus

Cons

  • Some markets are backed by CFDs, which aren’t available in the US
  • Doesn’t support automated futures bots

2. MEXC – Top Crypto Futures Exchange With Low Trading Fees

Established in 2018, MEXC  is a leading crypto futures exchange that offers premium liquidity, rock-bottom fees, and a huge selection of markets. This includes thousands of perpetual futures, including Bitcoin, Solana, Fantom, Chainlink, and Aave. Popular meme coins can also be traded, such as Dogecoin, dogwifhat, Popcat, and Sundog.

MEXC stands out when it comes to leveraged trading. MEXC offers leverage of up to 200x, meaning you can trade with $20,000 for every $100 risked. It also supports long and short positions via limit and market orders. Commissions cost 0% or 0.02% per slide, depending on whether you’re a market maker or taker. What’s more, crypto deposits are processed for free. Fiat payments are also supported via on-ramp providers. That said, MEXC also comes with drawbacks. It doesn’t accept clients from the US, nor does it offer delivery futures or options. Nonetheless, futures traders can open an account without KYC verification. Moreover, MEXC offers fully-fledged charting features, including technical indicators and drawing tools. MEXC also supports copy trading.

MEXC Best Crypto Futures Trading Platforms

Pros

  • Trade crypto futures with 200x leverage
  • Go long or short on thousands of markets
  • No commissions when placing limit orders
  • Market orders cost just 0.02% per slide
  • Top-rated charting tools and indicators
  • No KYC requirements when joining

Cons

  • Some countries aren’t supported—including the US
  • Trading fees change frequently

3. OKX – Trade Weekly, Monthly, Quarterly, and Bi-Annual Bitcoin Futures

The next platform to consider is OKX, especially if you prefer delivery futures. It offers weekly, monthly, quarterly, and bi-annual futures for Bitcoin, Ethereum, and XRP. These derivatives are ideal for longer-term positions, considering funding fees can be avoided. That said, the maximum leverage limit on delivery futures is 20x.

This increases the 100x when trading perpetual futures. Moreover, OKX offers hundreds of markets when trading perpetuals, including some of the best meme coins. This covers everything from BOOK OF MEME, Degen, and FLOKI to Dogecoin, Milo, and Pepe. Both delivery and perpetual futures come with extensive trading tools.

This includes advanced charts, with time frames ranging from 1 second to 3 months. Technical indicators and drawing tools are also available, not to mention TradingView integration and deep order books. OKX trading fees are competitive; futures traders pay 0.05% when placing market orders. Limit orders are cheaper at 0.02%. Fiat and crypto payments are welcome.

Additionally, OKS stands as one of the best P2P crypto exchanges.

OKX Best Crypto Futures Trading Platforms

Pros

  • Trade futures from weekly to bi-annual expiry dates
  • No funding fees when trading delivery futures
  • Offers hundreds of perpetuals with 100x leverage
  • Extensive charting and analysis features
  • Accepts fiat and crypto payments

Cons

  • Delivery futures are capped at 20x leverage
  • Market orders are charged a 0.05% commission

4. Binance – Access $125,000 Worth of Futures Capital for Every $1,000 Risked

Binance is the largest crypto derivative platform globally, with over $35 billion traded in the past 24 hours. It supports more than 350 perpetual futures markets, including some of the best altcoins. This covers everything from Sui, XRP, and ApeCoin to Ethereum, Avalanche, and Toncoin. The maximum leverage on perpetual futures is 125x.

This means $1,000 turns into $125,000 worth of trading capital. Binance also offers delivery futures on a selection of large-cap cryptocurrencies. This includes quarterly and bi-quarterly settlements, but there’s no support for weekly or monthly. This is in addition to options chains for Bitcoin and other popular cryptocurrencies.

Binance is also a great option for automated trading. It offers trading bots that specialize in futures. This includes the arbitrage strategy, allowing traders to profit from price divergence. You can also create a grid strategy to profit from sideways markets. In terms of fees, Binance charges 0.02% and 0.05% for market makers and takers, respectively.

Binance - Best Crypto Futures Trading Platforms

Pros

  • Get 125x leverage on major cryptocurrencies
  • Supports over 350 perpetual futures
  • Also offers delivery futures and options
  • Deploy automated bots to trade futures passively
  • The largest derivative platform for trading volume

Cons

  • Futures can’t be traded by UK or US clients
  • Delivery futures don’t include weekly or monthly settlements

5. BloFin – User-Friendly and Secure Crypto Futures Exchange

Next on our list of top crypto futures platforms is BloFin. This centralized exchange specializes in crypto perpetuals and futures trading and averages over $10 billion in volume in crypto derivatives transactions. Users can open positions from over 350 USDT-M perpetuals contracts and utilize up to 150x leverage.

Founded in 2019, BloFin focuses on providing highly secure crypto services to its users. Traders’ crypto holdings are held with a 1:1 reserve on the platform, ensuring full transparency of stored assets. On top of this, the exchange collaborates with leading institutional custodial provider Fireblocks for its high-level crypto storage solutions. Moreover, BloFin has made it to our list of the best ways to buy Bitcoin anonymously.

BloFin combines all of these features in a user-friendly interface, offering an intuitive trading experience for both beginners and experienced investors. Traders can download the BloFin mobile app, which is available for Android and iOS. BloFin’s 24/7 customer support can address any problems or inquiries via live chat and email.

BloFin - Best Crypto Futures Trading Platforms

Pros

  • Up to 150x leverage for crypto futures
  • Over 350 USDT perpetual pairs
  • Secure crypto holdings with 1:1 proof of reserves
  • Copy trading supported
  • User-friendly interface with expert charting tools

Cons

  • Lacks educational resources 
  • Still obtaining licenses in several major regions

6. Bybit – Offers Perpetual Futures on 440 Crypto Markets With High Leverage

Bybit is another popular futures trading platform with over $18 billion traded in the prior day. It offers a huge selection of markets, including 440 perpetual futures. This covers every crypto imaginable, from Pepe, the Sandbox, and Gala Games to Helium, Filecoin, and Chainlink. Large caps like Bitcoin, Ethereum, and Solana are also supported; these come with leverage limits of 125x.

Bybit makes it easy to find a suitable market. You can filter perpetuals by category, such as DeFi, DePIN, meme coins, or GameFi. Bybit also sorts perpetuals by their profit or loss over the prior 24 hours. It also has a Fear and Greed index based on cumulative longs and shorts. In addition, Bybit supports future delivery.

These are settled in USDC and cover weekly, monthly, and quarterly expiry dates. Options covering Bitcoin, Ethereum, and Solana are also available. Bybit futures fees cost 0.02% and 0.055% for makers and takers. Fees are reduced when trading volumes increase. Fiat deposits and withdrawals are available in some countries—partnered processors determine fees.

Bybit - Best Crypto Futures Trading Platforms

Pros

  • Supports 440 perpetual futures markets
  • Also offers weekly, monthly, and quarterly delivery futures
  • Get leverage of up to 125x
  • Advanced trading suite with technical indicators
  • Offers premium liquidity and deep order books

Cons

  • The lowest commissions require large trading volumes
  • Fiat deposits and withdrawals aren’t available in all countries

7. KuCoin – High-Volume Trading Platform With Over 300 Altcoin Futures Markets

KuCoin is a top-rated crypto exchange with an extensive futures trading department. It supports over 300 futures markets, covering Bitcoin and a wide range of altcoins. This includes everything from Solana, DOGS, and FLOKI to Pepe, Internet Computer, and Polygon. Moreover, KuCoin has a minimum margin requirement of just 1%.

This makes it one of the best crypto leverage trading platforms. We found that KuCoin futures come with deep liquidity and tight spreads. More than $47 billion worth of futures were traded on the prior day. Most futures contracts are settled in USDT, although USDC is also supported. KuCoin also offers coin-margined futures on a selection of large caps.

These are ideal for advanced hedging strategies. Another popular market is KuCoin’s leveraged tokens. These instruments offer leverage of up to 3x on popular cryptocurrencies. But unlike futures, they come without liquidation risks. KuCoin futures fees are 0.02% for marker makers, which aligns with the industry average. However, market takers pay 0.06%.

KuCoin - Best Crypto Futures Trading Platforms

Pros

  • Perpetual futures markets on over 300 altcoins
  • Also offers coin-margined futures for hedging strategies
  • Get leverage of up to 100x
  • Also offers leveraged tokens without liquidation risks
  • Supports futures bots for automated trading

Cons

  • Market takers pay commissions of 0.06%
  • Not available in all countries, including the US

8. Gate.io – Cross-Collateral Feature Offers Margin From Spot Trading Balances

Gate.io is an established crypto exchange that lists more than 2,500 cryptocurrencies. It also has an extensive futures platform covering hundreds of perpetual markets. This includes Shiba Inu, Arbitrum, Chainlink, XRP, Ethereum Classic, and Cardano. Gate.io also offers delivery futures on multiple cryptocurrencies.

This covers weekly, bi-weekly, quarterly, and bi-quarterly settlements. One of its unique selling points is the cross-collateral feature. Put simply, this provides futures trading margin trading directly from the spot trading balance. For example, suppose you hold Bitcoin or Ethereum in your Gate.io wallet. Those coins can be used to trade futures without needing to cash out.

Best of all, the cross-collateral feature comes without additional interest. Gate.io also offers high leverage levels of 100x, not to mention advanced charting tools, copy trading, and automated bots. The latter includes a spot-futures arbitrage strategy for hedging. Gate.io is also suitable for institutional traders with fully-fledged OTC facilities.

Gate.io - Best Crypto Futures Trading Platforms

Pros

  • Offers cross-collateral tools from spot trading balances
  • Provides leverage of up to 100x
  • Supports hundreds of perpetual and delivery futures
  • Also lists over 2,500 spot cryptocurrencies
  • Automated tools include copy trading and bots

Cons


9. Gemini – The Best Futures Trading Platform for Institutional Traders

Gemini is a contract trading platform with over $2.3 billion in institutional assets and over 22 million monthly institutional orders. Moreover, this platform is licensed by the NYDFS. This is also the first crypto exchange with a SOC 1 Type 2 and SOC 2 Type 2 certificate.

This crypto futures trading platform offers up to 100x leverage for BTC, ETH, PEPE, XRP, SOL, and MATIC perpetuals. Its maker and taker fees range between 0.02% and 0.07%, while its expected funding rate amounts to 7.70%.

Besides crypto traders, Gemini supports institutional investors by offering multiple API options. Moreover, its ActiveTrader interface features advanced trading tools, from multiple order types to advanced charts. Likewise, Gemini offers a dashboard designed specifically for institutional clients, and it supports OTC trading. Keep in mind that the derivates option is not available in the US, EU, and UK.

Gemini - Best Crypto Futures Trading Platforms

 

 

Pros

  • Licensed by the NYDFS
  • Multiple API options 
  • Dashboard designed for institutional clients

Cons

  • Derivatives not available in US, EU, or UK


10. Deribit – A Great Option for Trading Long-Term Delivery Futures

Deribit is a cryptocurrency contract trading platform that offers futures, perpetuals, and options on BTC and ETH. On that note, when it comes to bitcoin futures trading, the initial margin starts at 4.0%, and the same rule applies to ETH. The maker and taker fees for BTC weekly futures amount to -0.01% and 0.05%, respectively, while the fees for BTC/ETH futures and perpetual amount to 0.00% (maker) and 0.05% (taker).

Bitcoin futures come with up to 100x leverage, while ETH futures come with a maximum leverage of 50x. Deribit is designed for advanced and institutional traders. It features advanced charting tools, a customizable interface, and API integrations. Keep in mind that this platform accepts only BTC, ETH, and USDC for deposits and withdrawals.

Deribit - Best Crypto Futures Trading Platforms

 

Pros

  • Competitive fees
  • Offers desktop, mobile, and API-based trading
  • Customizable interface
  • Fund insurance protection

Cons

  • Doesn’t support altcoins

11. Coinbase – A US-Friendly Futures Trading Platform With Robust Security

Coinbase is a crypto leveraged trading platform in the USA that offers futures contracts built for both beginners and retail investors. Investors can trade 11 futures contracts, including nano BTC and nano ETH, and over 50 perpetual futures with up to 10x leverage. Perpetual futures come with a 0% (maker) and a 0.03% (taker) fee and a minimum order size of 10 USDC.

The platform has a beginner-friendly interface that simplifies trading. Traders will also be able to connect to automated trading platforms and pre-launch markets. This will enable them to trade perpetual futures contracts on tokens that have not yet been launched. However, this option is available only to non-US customers.

In addition to being user-friendly, Coinbase is one of the most trusted exchanges. It uses state-of-the-art security, from 2-factor authentication to multi-approval withdrawals, and a Bug Bounty program.

Coinbase - Best Crypto Futures Trading Platforms

Pros

  • Available in the US
  • Supports 11 futures contracts and over 50 perpetual futures
  • Beginner-friendly interface
  • State-of-the-art security

Cons

  • Pre-launch markets are not available to US customers

12. Bitget – USDT and USDC-Settled Futures With Copy Trading Tools

Bitget is the best crypto contract trading platform for USDT and USDC-settled futures. It supports 340+ futures trading pairs, including USDT-M and USDT-M, USDC-M and USDC-M, and Coin-M futures. The trading fees range from 0.02% (maker) to 0.06% (taker). However, VIP members will pay lower fees, which will be based on their trading volume. Investors will also be able to create a futures trading bot to automate their trades. Leverage on futures ranges from 2x to 125x, depending on the pair. 

With that in mind, the two key features of Bitget are its futures copy trading and futures kickoff options. The former will enable investors to copy the futures orders of professional traders, while the latter will enable them to make their first futures trade for 10 USDT. Moreover, traders can switch between hedging and one-way mode for USDT-M futures, Coin-M futures, and USDC-M futures. Keep in mind that the one-way mode doesn’t support the copy trading option.

Bitget - Best Crypto Futures Trading Platforms

Pros

  • Supports 340+ futures trading pairs
  • Investors can create a futures trading bot
  • Futures copy trading feature
  • Unified contract trading

Cons

  • One-way mode doesn’t support the copy trading feature


13. Crypto.com – A Regulated Futures Platform With Over 100 Million Users

Where can I trade crypto futures in the US? On Crypto.com. This exchange is available in 49 US states (except New York), and it has more than 100 million users worldwide. Crypto.com supports over 150 perpetual contracts, including BTCUSD futures and ETHUSD futures. The fees range from 0.02% (maker) to 0.04% (taker), while leverage goes from 5x to 50x, depending on the traded pair. The minimum tick size for BTCUSD perpetual contracts is 0.1 USD, while the minimum order quantity stands at 0.0001 BTC.

At the time of writing, all perpetual contracts are settled in USD. However, Crypto.com plans to allow other stablecoins in the future.  

This platform is suitable for both beginners and professional traders. On that note, it offers educational materials and regular updates on markets. Moreover, Crypto.com is regulated by FinCEN. However, US residents won’t be able to access advanced features, such as one-cancels-the-other order limits and stop-loss limits.

crypto.com - Best Crypto Futures Trading Platforms

Pros

  • Available in 49 US states
  • Supports over 150 perpetual contracts
  • Leverage ranges from 5x to 50x
  • Regulated by FinCEN

Cons

  • US residents will have limited access to advanced trading features

An Overview of Crypto Futures Trading

Futures trading is an alternative way to trade cryptocurrencies. It’s aimed at traders who want increased flexibility, considering futures support long and short positions. This means traders can speculate on bullish and bearish markets.

What’s more, futures only require a small percentage of the total trade value. This is called leverage, with some platforms offering multiples of 200x. This provides $200 in futures trading capital for every $1 held in the account.

Futures are derivative products, so you don’t own or control the crypto asset being traded. The most popular crypto futures contract is called perpetuals. These never expire, so you aren’t forced to settle the contracts before a certain date.

Delivery futures are also available, with expiry dates ranging from one week to a year. These are more suited to long-term strategies, as delivery futures don’t incur funding fees. In contrast, perpetual futures typically attract funding fees every 8 hours.

Futures Trading Cryptocurrencies: How Does it Work?

Futures trading can be complicated for new market entrants. We’ll now break down the most important factors to know before starting.

Perpetuals and Delivery Futures

First, you should understand the most common contract types. The best crypto futures platforms typically offer perpetual and delivery futures.

Perpetual futures are loosely correlated to the crypto asset’s spot price. If XRP/USD trades at $0.70, so should the respective perpetual futures contract. Perpetual futures never expire, so traders can keep positions open for as long as they want.

Bitcoin Futures Trading November 2024

Delivery futures are priced based on market forces. This is determined by the contract length and market sentiment. For example, some futures have a weekly expiry date. Traders must speculate whether the price will be higher or lower when the futures expire in a week’s time.

Delivery futures can also come with monthly, quarterly, bi-quarterly, bi-annual, or annual settlements. Either way, the futures position will be closed automatically if you’re still holding the contracts on the expiry date.

Trade Both Directions

We’ve established the difference between perpetual and delivery futures. Both instruments allow traders to speculate in either direction, meaning you can speculate that the futures price will increase or decrease. As such, futures are ideal for long and short trading, regardless of broader market conditions.

  • You’d place a buy (long) order if you believe the futures price will increase
  • You’d place a sell (short) order if you believe the futures price will decrease

This flexibility isn’t available when trading traditional spot markets.

Leverage Trading

Futures are the best instrument to trade cryptocurrencies with leverage. This means you can trade with more than you have in the trading account. You’re effectively borrowing funds from the platform, meaning interest will be charged.

However, this is only the case when trading perpetuals. Delivery futures have a settlement date, so no interest fees are required. Nonetheless, most crypto futures platforms offer leverage of up to 100x. Some offer even more. For instance, Binance and PrimeXBT offer leverage of up to 125x and 200x, respectively.

Here’s an example of how leverage works when trading crypto futures:

  • You want to trade SOL/USD futures and have $500 in your trading account
  • You place a $500 buy order with 100x leverage
  • The total trade size is $50,000
  • SOL/USD has increased by 2% so you close the futures trade
  • You made a 2% profit on a $50,000 position, so that’s a gain of $1,000
  • The profit would have been just $10 without applying leverage

Leverage is a risky tool that can lead to liquidation, meaning you could lose your initial investment, referred to as the ‘margin’.

Difference Between Crypto Futures and Spot Trading

Spot trading is the traditional way to invest in cryptocurrencies. Put simply, you exchange one asset for another, such as USD for Bitcoin or EUR for Ethereum. You own and control the purchased cryptocurrencies, meaning you can withdraw them to a private wallet.

CME Bitcoin futures

Conversely, you don’t own anything when trading Bitcoin futures. They’re simply derivative products that track real-time prices. However, unlike spot trading, futures allow traders to go long or short. They also offer leverage, which is ideal for applying the trader’s bankroll.

In our view:

  • Spot trading is the best option if you’re a long-term investor. You can buy cryptocurrencies, keep them in a wallet, and avoid paying funding fees. What’s more, you don’t need to worry about liquidation.
  • Crypto futures are suited to experienced traders who seek advanced capabilities. For instance, trading with leverage or being able to short cryptocurrencies. Futures are also ideal for high-level strategies like arbitrage trading and hedging.

Benefits and Drawbacks of Cryptocurrency Futures Trading

Consider the following benefits and drawbacks before trading crypto futures:

Pros

  • Trade with significantly more than you have in the trading account
  • Speculate on rising and falling crypto markets
  • Ideal for strategies like scalping, day trading, and arbitrage
  • The best crypto futures exchanges and platforms support hundreds of markets
  • Low barrier to entry—get started with a few dollars
  • Substantial liquidity is available 24/7

Cons

  • You don’t own the underlying crypto when trading futures
  • Funding fees are typically charged every 8 hours on perpetuals
  • Liquidated trades are closed automatically
  • You can lose significant capital on margined positions
  • Best-suited for experienced traders with a background in derivatives
  • Crypto futures are banned in some jurisdictions

How to Pick the Best Crypto Futures Trading Platforms for You

The checklist below will help you choose the best crypto futures trading platform:

  • Safety and Reputation: First, ensure you’re using a safe and reputable futures platform. Ideally, it should hold a regulatory license and have verified proof of reserves. It should also offer security tools like 2FA and device whitelisting.
  • Type of Futures Markets: Check what markets the platform offers, including whether perpetual and/or delivery futures are available. You should also explore what cryptocurrencies can be traded via the preferred futures instrument.
  • Fees: The best crypto leverage trading platform in the USA will offer competitive maker and taker fees. Traders should prioritize futures trading platforms with low commissions and tight spreads. Funding fees should also be considered if you’re planning to trade perpetuals. Non-trading fees should also be checked, such as payments.
  • Leverage: Most traders apply leverage when trading futures. Make sure the platform offers sufficient limits for your trading strategy and risk tolerance. For example, you’ll get 200x on perpetuals at PrimeXBT, but only 20x when trading delivery futures at OKX. The best crypto contract trading platform will support controlled leveraged trading. This means that traders will be able to change the leverage in their futures contracts to adjust their position.
  • Tradable Cryptocurrencies: Before you tap the Sign Up button, you should check which cryptocurrencies are available for futures trading. Most platforms support ethereum and bitcoin futures trading. However, if you want to diversify your portfolio, opt for exchanges that support altcoins like Litecoin, Dogecoin, and Ripple. Keep in mind that trading low-volume crypto futures comes with limited liquidity.
  • Payment Methods: You should also assess what payment methods the futures platform accepts. Some platforms accept debit/credit cards, e-wallets, and other fiat methods. While others only accept crypto deposits.
  • Trading Tools: Evaluate what trading tools are available, such as technical indicators, charts, and automated bots. These tools should align with your experience level, and offer a user-friendly experience.

Tutorial on Bitcoin Futures Trading

  • Step 1: Open a PrimeXBT Account and Deposit Funds

    Visit PrimeXBT and register an account. Only an email address or mobile number is needed. Next, deposit some funds. PrimeXBT supports crypto deposits for non-KYC users.
  • Step 2: Choose Which Futures Market to Trade

    Hover over the ‘Crypto Futures’ button and click ‘USDT’. Then search for the crypto you want to trade. PrimeXBT supports dozens of markets, from Bitcoin and Ethereum to Chainlink and Doge.
  • Step 3: Create a Buy or Sell Order

    Set up a buy or sell order depending on whether you want to go long or short, respectively. Choose between a limit or market order. The former is recommended if you’re trading futures with limited liquidity.
  • Step 4: Specify the Trade Size

    Next, specify how much capital you want to risk, alongside the required leverage ratio. For example, risking $100 with 20x leverage increases the trade size to $2,000.
  • Step 5: Set Risk Management Orders

    Set up a stop-loss order to mitigate the risks. This should be below the liquidation point. Also, deploy a take-profit order. This will close the futures trade when the profit target is met.
  • How Safe is Crypto Futures Trading? Best Practices

    While all crypto markets are high-risk, futures amplify the potential for financial loss. Unlike spot trading, futures come with liquidation risks. This happens when the trade value declines below the margin balance. For example, suppose you place a $500 order with 20x leverage. This means you’re trading with a 5% margin ($500 of the $10,000 position).

    Therefore, if the futures position declines by 5%, the trade will be closed automatically. This also means you lose $500. The liquidation risks increase in line with the leverage amount. For example, 100x leverage equates to a 1% margin. So the trade will be liquidated with a small decline of 1%. Crucially, beginners should avoid trading with too much leverage.

    Another risk is insufficient liquidity. For instance, suppose you’re trading a small-cap futures market and you’ve made substantial profits. However, you might struggle to find a buyer when attempting to cash out. The only way to realize some gains is to accept a sub-par price. You should also consider counterparty risks; you’re using a centralized platform that’s responsible for keeping your account safe.

    Conclusion

    In summary, the best Bitcoin futures trading platforms offer a safe experience, high leverage, and competitive fees. Having researched dozens of providers, we found that PrimeXBT is the overall best option.

    It offers a low trading fees for crypto futures with maker and taker fees at 0.01% and 0.02%, respectively. Futures can be traded with 200x leverage on dozens of futures contracts.

    References

    1. What are futures? (Charles Schwab)
    2. Understanding futures expiration & contract roll (CME Group)
    3. Bitcoin Futures CME (Sep′24) (CNBC)
    4. Understanding the benefits and risks of margin (Fidelity)

    FAQs

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