Top 10 Crypto Future Trading Platforms – Exchanges With High Liquidity

Futures trading is one of the smart ways that you can make a bulk of profit as a crypto trader.

With a lot of futures exchanges in the market – which should you go for and how sure are you that they are legit?

In this post, I will give you a list of “Top 10 Crypto Derivative Exchanges” that are best guaranteed for your futures trading experience.

After a general review of about 33 crypto exchanges, I can confidently say that these are the very best.

Without further ado, let’s dive into this post!


Post Summary

Here’s the list of subheadings to be covered in this post.

  1. Top 10 Futures Trading Platforms for Cryptos
  2. Which is the Best?
  3. What is Futures Trading?
  4. A Must-Know Tips for Futures Traders – What You Must Know Before Signing Up
  5. Conclusion

If you want to locate the position of each subheading instantly, you should click on any of them to take you at a go.

That said; let’s take a further dive. Hope you stick around till the end.


Top 10 Futures Trading Platforms for Cryptos

When it comes to exchanges offering futures services in the crypto industry, you will tend to discover a flood of them.

Below, you will find the list of top 10 crypto exchanges with an established reputation in the crypto space.

Notwithstanding, you must know that trading Futures comes with high risk – this post does not encourage you to start trading immediately; if you are still a beginner.

Maximum 
Leverage
125x
4.9 Star Rating
Maximum 
Leverage
100x
4.4 Star Rating
Maximum 
Leverage
100x
4.5 Star Rating
Visit Site
Maximum 
Leverage
125x
4.5 Star Rating
Maximum 
Leverage
50x
4.5 Star Rating
Maximum 
Leverage
100x
4.5 Star Rating
Maximum 
Leverage
100x
4.5 Star Rating
Maximum 
Leverage
101x
4.5 Star Rating
Maximum 
Leverage
100x
4.4 Star Rating
ZBG
Maximum 
Leverage
100x
4.5 Star Rating

These exchanges are not in sequential order. Therefore, the no. 1 on the list does not mean it is the overall best.

1. Binance

exchanges in Nigeria Binance

Binance is a world-leading cryptocurrency exchange founded in July 2017, by Changpeng Zhao.

This exchange offers a glut of services ranging from spots, margin, OTC, P2P, derivatives, and so many more.

Binance is popular for its large volume trade, low trading fees plus a seamless menu-driven interface, and solid reputation.

Initially (at the time of its inception), the exchange does not offer futures trading services.

However, it included it 2 years later, in September 2019.

Binance made the use of this service very easy to newbies by providing them with a video guide on how best to use the platform.

Available Futures
Contract
– USDT Futures Contract
– Coin Futures Contract
– Battle
Maximum Leverage125x
FeesUSDT Futures Contract
– Maker fee
0.020% – 0.000%
– Taker fee
0.040% – 0.017%
Coin Futures Contract
– Maker fee
0.015% – (-)0.009%
– Taker fee
0.020% – 0.024%
BNB ( 10% discount)
Assets tradedOver 40 assets traded
including;
BTC, ETH, XRP etc.
Types of Order– Limit Order
– Market Order
– Stop Limit Order
– Stop Market Order
– Take Profit Limit Order
– Take Profit Market Order
– Trailing Stop Order
Read ReviewVisit Site

2. BitMEX

BitMEX BEST FUTURES TRADING PLATFORM FOR CRYPTO

BitMEX was founded in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed under the registered company; HDR Global Trading Limited.

It is a peer-to-peer cryptocurrency exchange that allows traders to buy and sell crypto derivatives for bitcoins.

One of the unique features that BitMEX prides itself in is its solid security record – there has not been any record of hack since its inception.

Moreover, the exchange now has an excellent customer support service that is active 24hr to give responses to users’ query.

BitMEX focuses on crypto derivative and margin trading; I believe this exchange is worth your trial.

Available Futures
Contract
– Futures
– Perpetual
Maximum Leverage100x
FeesClick here to view
Assets traded10 assets including;
BTC, EOS, ETH etc
Types of Order– Limit Order
– Market Order
– Stop Market
– Stop Limit
– Trailing Stop
– Take Profit Limit
– Take Profit Market
Read ReviewVisit Site

3. Bybit

Bybit BEST FUTURES TRADING PLATFORM FOR CRYPTO

Bybit founded in Singapore by Ben Zhuo in 2014 is one of the famous go-to platforms used by professional traders.

The exchange is a renowned crypto derivative platform and a mega rival of its counterpart BitMEX.

Bybit built its exchange with the technical capability able to handle a large volume of transactions without affecting the status-quo of the exchange.

Its matching engine can handle up to 100,000 tps making the transaction process easier and simple for its users.

The exchange operates globally, and the main service it offers is the perpetual futures contract.

Available Futures
Contract
– USDT Perpetual
– Inverse Perpetual
Maximum Leverage100x
FeesMaker Rebate
– 0.025%
Taker fee
– 0.075%
Assets tradedBTC, ETH, XRP
EOS, USDT
Types of Order– Limit order
– Market order
– Conditional order

4. Huobi

Huobi BEST FUTURES TRADING PLATFORM FOR CRYPTO

Huobi was founded in 2013 by Leon Li and is one of the largest cryptocurrency exchanges in the crypto market.

The exchange offers a lot of trading services including; OTC, P2P, Spots trading, c2c lending, Derivatives etc.

Huobi has an outstanding user interface that professional traders can easily navigate intuitively.

The exchange has a pretty fast and reliable trading engine that executes orders without delay.

Huobi supports a plethora of cryptocurrencies; however, only BTC is available for futures trading.

Available Futures
Contract
– Futures
– Perpetual Swap
Maximum Leverage125x
FeesFutures
Maker fee:
0.02%
Taker fee:
0.04%
Delivery Fee:
dependent on asset
Perpetual Swap
Click here to view
Assets tradedOver 40 assets
including;
BTC, Waves,
ETH, ZRX etc
Types of Order– Limit Order
– Trigger Order
HuobiVisit Site

5. Kraken

Kraken BEST FUTURES TRADING PLATFORM FOR CRYPTO

Kraken is one of the oldest crypto exchanges in the crypto market.

It is a San Francisco US-based exchange established by Jesse Powell in 2011.

The exchange offers both spot trading, futures, and margin trading services to its users.

At the time of this post, Kraken is the leading exchange in terms of 24hr volume trade on Coinmarketcap for XRP derivatives.

Find other Kraken features here.

Available Futures
Contract
Perpetual Futures
Contract
Maximum Leverage50x
FeesClick here to view
Assets tradedXBT, ETH, BCH
XRP, LTC, USD
Types of Order– Limit Order
– Market Order
– Stop Loss
– Take profit
– Trigger Entry

6. Phemex

Phemex

Phemex was founded in Singapore by Ex-Morgan Stanley executives in November 2019.

The platform is an easy to use and highly secured platform that offers both spot trading and crypto derivatives services.

Despite being a relatively new exchange, it has experienced an overwhelming amount of growth and liquidity since its inception.

An interesting aspect of the exchange is its low fees and up to $80 welcome bonuses offered to new members.

More so, with its sophisticated technology, its cross-engine can handle a high trade volume of about 300,000 tps.

Available Futures
Contract
– Inverse Contract
– Linear Contract
Maximum Leverage100x
FeesMaker fee
-0.025% 
Taker fee
 0.075%
Assets tradedOver 10 assets
including;
BTC, ETH, ALGO
GOLD, ADA, etc
Types of Order– Market Order
– Limit Order
– Conditional Order

7. OKEx

okex

OKEx is one of the largest exchanges in the market.

It was launched in 2014 by Star Xu and is currently located in Malta.

The exchange offers varieties of services ranging from spots, brokerage services, a pretty advanced derivative market etc.

OKEx allows you to trade Futures for an expansive range of crypto-derivatives over USD and USDT.

Find other futures of OKEx below.

Available Futures
Contract
– Coin Margined Futures
– USDT Margined Futures
– Perpetual Contract
Maximum Leverage100x
FeeClick here to view
Assets tradedOver 8 assets traded
including;
BTC, ETC, ETH
XRP, EOS etc
Types of Order– Limit Order
– Advanced Limit
– Stop Order
– Market Order
– Trigger Order
– Trail
– Iceberg
– TWAP
Read ReviewVisit Site

8. FTX

ftx

FTX launched in May 2019 by the founders of Alameda Research; a leading quant firm and crypto liquidity provider.

Despite being new to the crypto industry, this exchange has grown exponentially as one of the most visited platforms by cryptonites.

The exchange offers a wide range of innovative services that are still alien to other crypto exchanges.

These unique services include; Move indices, leveraged tokens (3xBull tokens), ALT perpetual, political contracts and more to mention.

On the exchange, you can also trade 50 low-cap altcoins in a leveraged contract known as “SHIT perpetual contract”.

Available Futures
Contract
– Futures Contract
– Perpetual Futures
Maximum Leverage 101x
FeeClick here to view.
Assets tradedOver 25 assets
including;
BTC, ADA, ETH,
LINK, SXP, DOT
Types of Order– Limit Order
– Market Order
– Stop Market
– Stop Limit
– Trailing Limit
– Take Profit
– Take Profit Limit

9. Deribit

deribit

Deribit was founded in Netherland in June 2016.

It is an exchange that focuses solely on Futures and Options trading.

Deribit supports the trading of two crypto instruments; however, deposit, withdrawal and all payments are made in bitcoin.

It is presently available in about 195 countries including; Sweden, Australia, China etc.

Deribit is an advanced trading platform and is most suitable for advanced traders.

However, if you are still a beginner, you are free to access Deribit Testnet until you are confident enough to perform real trading.

Available Futures
Contract
– Perpetual Futures
Contract
– Futures Contract
Maximum Leverage100x
FeesClick here to view
Assets tradedBTC, ETH
Types of Order– Limit Order
– Market Order
– Stop-Market
– Stop-Limit

10. ZBG

In July 2018, ZB.COM developed a crypto derivative platform dubbed ZBG.

ZBG is one of the top-notch exchanges to trade over 5 crypto derivatives for USDT.

Although seemingly new, this exchange has become one of the most ranked exchange by trade volume.

As at the time of this post, this exchange ranks the 6th in the list of “Top Cryptocurrency Derivatives Exchanges ” by Coinmarketcap.

Check out for other ZBG features below.

Available Futures
Contract
– USDT Perpetual
– Inverse Perpetual
Maximum Leverage100x
Fees– Maker Fee:
 0.025%
– Taker Fee: 
0.075%
Assets Traded10 assets traded
including,
EOS, ETC, BSV, etc
Types of Order– Market Order
– Limit Order
– Conditional Order

Having explored all these exchanges, let’s take a look at the over all best!


Which is the Best?

The exchanges I have given you above are all first-rate, well-established, have great liquidity, very secure, and optimal.

However, the points below might help enhance your choice in choosing from the list;

  • Age:- Talking about age, although most of the exchanges in my list have been in existence for a long time. Kraken is the oldest and yet solid platform that has stood the test of time without any security breach.
  • Country: All the exchanges listed in this post are global. However, due to local laws, few countries especially North Korea, Afghanistan, etc are restricted in their terms of use.

If you are in the United States, you should consider using Kraken as it is the only exchange available for you.

  • Leverage: Binance and Huobi give you a leverage of up to 125x.

This undoubtedly is the most advantageous benefit of entering positions that are larger than your capital when compared to others.

  • Test net: If you are still a beginner then you should try using other exchanges on this list other than OKEx and Huobi as they are yet to launch a trading test net for this service.
  • Trading forms: FTX offers you with varieties of underlying assets that are yet to be implemented into other exchanges.

In summary, determining the best among these exchanges depends on your choice after a close examination of the points above.


What is Futures?

Futures trading has been available for cryptocurrencies since 2016.

In case you are still new to this term, the video you see below will give you a quick brief on what Futures trading is.

Futures contract are financial instruments derived from an underlying asset e.g. BTC, that traders can buy or sell at a predetermined time.

These contracts are always standardized; it specifies the quantity, quality and settlement date of the underlying asset.

The main purpose of Futures trading is to expose traders to the market by hedging in profit against the volatility of the crypto market.

With a Futures contract, traders can speculate on the price of cryptocurrencies without owning them.

Long vs. short position is one of the dominant terms used in the futures market.

By entering a long position, you agree to buy an asset at a set price and date.

And when you enter a short position, you agree to sell an asset at a set price and on a specified date.

Whether you lose or gain, these contracts cannot be traded until the set date is reached.

Read more: Futures Trading: What It is and How It Works

Having looked at the meaning of Futures trading, let’s see the details in the next subheading.


A Must-Know Tips for Futures Traders – What You Must Know Before Signing Up

Due to Bitcoin Volatility – futures trading in the crypto niche involves high risk, and there is a high potential that you may lose your money.

Below, I will be giving you some of the tips that you have to put in mind before investing in the futures market.

  • Do not venture into futures trading as a get-rich-quick gamble. Profits are sometimes unrealistic, and you will lose money if you do.
  • You have to acquire proper trading skills such as; technical analysis, risk management, entry and exit strategies, position-sizing, order types.
  • Study the platform you are about to trade with, make use of their FAQ section, video tutorials, and reference sections.
  • Do not over-trade or perform so many trades at the same time especially when you are not sure.
  • Use the “Isolated” when entering different trades at a time.
  • Take a reasonable position size: Leverage is only a marketing ploy. Do not use too much leverage, because it is too risky.
  • Sign up for a test net to figure out how the platform works. Do not perform real trade when you are not confident of your trading abilities.

Disclaimer: 90% of traders lose their money on leveraged trading. What you see above should not be considered as investment advice. DYOR and practice adequate risk management.


Conclusion

This is where I will call it a wrap for this post. I hope that you have enjoyed it.

Now, it is time to get a reply from you.

Which of these platforms do you think is the best for you?

Are there other platforms that you think should be added to the list or are there ones you feel should be removed?

If you are still a newbie, do you think this trading is worth trying out? For regular traders – What are your experiences so far in the futures market?

You should put down your comments on the comment box below.

Remember to share this post to your friends on social media.

Cheers!


P.S
If you want to learn how to trade cryptocurrencies profitably, we developed a perfect course to help you master Cryptocurrency Trading.
Go to www.ctmastery.com to enrol.


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Paschaline Anagor

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