8 Best Crypto Futures Trading Platforms in 2024

We tested and reviewed some of the best crypto futures trading platforms to find out what makes them unique. On that note, we incorporated their maximum leverage limits, supported futures markets, and futures trading fees. In addition to that, we created a comparison table to help you find the one that best suits your needs. Our guide also contains a section in which we’ll discuss the main types of crypto futures.

With that in mind, here’s all you need to know about our top competitors.

Best Crypto Futures Trading Platforms Reviewed

Now that you know what our best crypto contract trading platform list looks like, here’s what makes these exchanges worth your time and money.

1. PrimeXBT 

PrimeXBT is the best crypto futures trading platform that allows its members to gain access to 30 futures contracts. This means that investors will be able to open long and short positions on popular trading pairs, from BTC/USDT and ETH/USDT to BNB/USDT and DOGE/USDT. The maker and taker fees on all pairs amount to 0.01% (maker) and 0.02% (taker).

This crypto futures trading platform offers high leverage, up to 200x. The funding rate is charged every 8 hours, while the minimum order size depends on the trading pair.  

Traders can customize the interface to add options such as pending orders, charts, and a watch list.  They can also adjust the leverage from 1x to 200x. PrimeXBT has over 1 million users across 150 countries. In addition to futures, it offers CFD and copy trading.

2. Margex

Margex is a centralized exchange that offers the best crypto futures trading options for beginners. On that note, traders will gain access to 36 perpetual futures whose leverage ranges from 5x to 100x, depending on the pair. For example, BTC/USD, ETH/USD, TRX/USD, and BNB/USD pairs come with up to 100x leverage. However, the maximum leverage is much lower on altcoins like SOL, XRP, and MATIC.

When it comes to fees, they are fixed at 0.019% (maker) and 0.060% (taker). Margex uses 12+ providers to aggregate liquidity, and it supports multicollateral wallets. This means that traders can deposit any pairs with settlements made in their chosen collateral.

Beginner traders can open a demo account to practice their skills using virtual funds. The platform has a beginner-friendly interface that includes all important segments, from charts to order books.

3. MEXC

MEXC is the best crypto contract trading platform for short and long-term traders. This centralized exchange supports two types of perpetual futures – USDT-M and Coin-M. The former is backed by USDT, while the latter uses the underlying cryptocurrency as collateral. Both options come with unlimited holding time. MEXC supports 300 futures markets, 2,350 trading pairs, and 2,000+ digital assets. It can also handle 1.4 million positions per second.

Futures on MEXC come with a leverage of up to 200x, while the maker and taker fee amounts to 0.000% and 0.020%, respectively. This exchange has a native token, MX. Investors can use this token to pay for transactions, participate in events, and access exclusive features. 

MEXC organizes futures competitions and challenges every month. At the time of writing, traders can participate in the 15-200x futures leverage challenge to win a bonus of 20,000 USDT.  

4. BloFin

BloFin is a crypto futures trading platform for beginners and professionals. On that note, it offers basic and advanced trading tools, up to 150x leverage on BTC and ETH perpetual contracts, and competitive fees. The maker fee ranges between 0.0000% and 0.0200%, while the taker fee varies between 0.0325% and 0.0600%. Investors will also be able to use advanced order types and 340 perpetual swap contracts.

Moreover, traders can use Blofin’s signal bot to automate their trades. This bot offers streamlined futures trading and market insights. BloFin is also one of the safest crypto futures trading platforms. It’s partnered with Fireblocks and AnChain. The former is a custodian for crypto assets, while the latter is an AI-powered platform that provides KYT solutions.

Investors can practice their trading skills with BloFin’s demo trading feature, which supports spot, futures, webhook, and API trading.  

5. OKX

OKX is the best exchange for futures crypto trading. It supports USDT-margined, USDC-margined, and crypto-margined futures that come with a maximum leverage of up to 100x. Investors will also be able to trade pre-market futures. Pre-market futures are USDT-margined expiry futures that allow investors to trade new cryptocurrencies before they go live. Pre-market futures come with 2x leverage.

The trading fees for new users range from 0.02% (maker) to 0.05% (taker). The fees for USDT-M perpetual contracts range from 0.015% to 0.020% (maker) and 0.030% to 0.050% (taker) for standard users. However, VIP users will get lower fees that range from -0.005% to 0.010% (maker) and 0.015% to 0.030% (taker), depending on their tier.

OKX supports multiple automated bots that come in pre-created modes, while its native wallet supports 40+ blockchains, NFT marketplaces, dApps, and cross-chain DEXs.  

6. ByBit

Bybit is known as the best crypto derivatives exchange. It supports USDT and USDC perpetual, pre-market, and inverse perpetual contracts with leverage of up to 125x. It also supports futures contracts settled in USDC. Moreover, investors can hedge and speculate on future prices with USDC and coin-settled weekly, monthly, and quarterly futures contracts.

Bybit’s trading fees will be determined by its members’ VIP levels. On that note, the fees for perpetual and futures contracts range from 0.0100% to 0.0200% (maker) and 0.0320% to 0.0550% (taker).

Bybit is tailored for professional traders. Its list of trading tools includes a futures grid bot, a futures martingale bot, and a position builder. Likewise, ByBit has the best crypto futures trading app, which is compatible with Android and iOS devices. Anyone who downloads the app will earn up to $5,020 in welcome gifts.

7. Binance

If you want to know where to trade crypto futures in the US, opt for Binance. Binance is the best crypto leverage trading platform for USA residents. This platform supports contracts settled in USDT and USDC and contracts settled in crypto. The maximum leverage goes up to 125x.

With that in mind, regular users will pay 0.0200% (maker) and 0.0500% (taker) fees for USDT and USDC futures contracts. For VIP 9 users, this figure will be 0.0000% (maker) and 0.0170% (taker). The same figure applies to Coin-M futures. However, $BNB token holders will get a 10% discount.

Binance recently launched the Futures NEXT service. This service will enable users to earn rewards by predicting which token will be listed on its USDⓈ-M Futures. Traders will also be able to use the futures grid bot to automate their trading strategies.  

8. Kucoin

Kucoin is a crypto exchange that supports USDT-margined, USDC-margined, and Coin-margined contracts. This means that its users will be able to use stablecoins pegged to the US dollar as collateral and linear futures settled in USDT or USDC. The futures contracts come with a maximum leverage limit of 100x. Investors can trade crypto futures on Kucoin for competitive fees based on their VIP level. The starting fee is 0.020% (maker) and 0.060% (taker).

This crypto exchange offers three futures bonuses: Super Surprise Package (worth 10 USDT), Discount Package (worth 40 USDT), and Pro+ Package (worth 100 USDT). 

Kucoin supports 316 tradable futures contracts, including 27+ meme futures, which makes it ideal for crypto degens. This platform has 30 million users, while its daily trading volume exceeds $1.65 billion.

Top Crypto Futures Trading Platforms Comparison

Take a look at our table to see how our top-rated crypto futures trading platforms differ.

What is Cryptocurrency Futures Trading?

Crypto futures trading involves buying or selling digital assets at a predetermined price on a predetermined date in the future. Crypto futures contracts contain three components: the expiration date, contract lot size, and leverage. Traders can open long and short positions. The former involves buying, and the latter involves selling a futures contract.

Traders will open a long position if they believe that the price of cryptocurrencies will go up, and vice versa. They’ll open a short position if they believe that the price of cryptocurrencies will drop in the future. They can also open both positions to minimize potential losses.

The main benefits of futures contracts include hedging against price volatility, higher returns on investment, and indirect exposure to the crypto market. However, futures trading comes with certain risks, such as high volatility, margin calls, and liquidation.

Types of Crypto Futures

The most popular types of crypto futures include:  

How to Choose a Crypto Futures Trading Platform

You can find the best crypto futures trading platforms by paying attention to the following factors:

Conclusion

We hope that our list of the best crypto futures trading platforms has helped you find the one that best suits your trading style. All platforms on our list offer competitive maker and taker fees and high maximum leverage limits. That said, beginners should choose platforms that offer perpetual contracts since they don’t have an expiration date. On the other hand, experienced traders will benefit the most by creating accounts on platforms that support pre-market contracts and offer future trading bots.

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