Crypto futures provide a way for traders to get exposure to cryptocurrencies like Bitcoin and Ethereum without having to hold the underlying asset. This method essentially allows traders to speculate on the price of a cryptocurrency going up or down (otherwise known as long, or short) with leverage.
We have shortlisted the best 3 Crypto Futures Trading Platforms based on our research comparing security, fees, trading pairs and liquidity.
- FTX Exchange - Best Overall (5% Fee Discount)
- Bybit Futures - Best for Altcoins + Crypto Staking
- eToro - Best Multi-Asset Trading Platform
FTX WINS: The best overall exchange to start trading crypto futures contracts with is FTX. They are a secure and regulated leverage exchange based in the USA that offers the lowest trading fees and deepest liquidity across a wide variety of pairs.
Sign up via this link for an extra 5% off fees on the FTX Futures Trading platform.
Table of Contents
How to Trade Crypto Futures
Trading crypto with leverage is easy thanks to the wide variety of futures trading platforms around the world. This is a short 5 step guide on how to get started on a centralized platform:
- Sign up to FTX Exchange (5% off fees)
- Create your account (only need email address and password).
- Deposit any fiat currency or crypto into your FTX account
- Select the amount of leverage you would like to use (max 101x).
- Select whether you would like to go long or short and execute the trade.
What is Leverage Trading
Leveraged trading in crypto is simply a way to borrow funds from a cryptocurrency exchange in order to add size to your trade. For example, with crypto leverage trading you can deposit $1,000 and take a trade with 10X leverage. This means that your overall trade positions is now $10,000.
However, with leverage in crypto comes risk. In the example provided above, if your trade was to go down 10% you would be completely liquidated and lose the $1,000.
Best Crypto Futures Trading Platforms
The tables below provide a quick overview of the best trading platforms for Crypto and Bitcoin futures.
#1 FTX Futures Trading
Founded by well renown trader Sam Bankman-Fried, FTX is hands down the fastest growing and most innovative Crypto Futures Trading Platform in the space.
FTX are known for their low fees, diverse products and extremelly easy to use futures and options trading platform. They offer leveraged tokens, 100x perpetual futures, USD and USDT pairs, a range of altcoins, all of the latest DeFi tokens and much more.
Read our FTX Review for more information.
- Lowest fees and best liquidity
- Trade hunders of cryptos
- Secure and globally renown exchange
- Up to 10x leverage
- Lend USD and Crypto for yield
- Some spot markets can be illiquid
#2 ByBit - Best No KYC Platform
ByBit is one of the fastest growing futures trading platform with hundreds of coins and no KYC or verification requirements to sign up to their platform. They are also one of the few remaining derivatives trading platforms that offers 100x leverage on cryptocurrencies.
You can read our ByBit Review for more information.
- No KYC to trade Crypto
- Available for most countries around the world
- Trade hundres of cryptos with 100x leverage
- Cheap fiat deposits
- Not available for US users
#3 eToro Trading
eToro is the largest multi-asset brokerage platform in the world. They allow traders to leverage trade cryptocurrencies, stocks, commodities and much more. Their platform is widely regarded for their low fees, fast fiat currency deposit and diverse selection of assets.
Read our eToro Review for more information.
- Widest variety of assets
- Zero fees on trading
- Sleek and easy to use app
- Cheap fiat deposits
- Spreads can get wide
#4 Binance Futures Trading
Binance is by far the global leader in both Bitcoin futures trading and crypto futures trading. Their platform enables users to trade cryptocurrencies like Bitcoin, Ethereum, Ripple, Chainlink and more against Tether (USDT) with leverage that goes up to 125x.
You can get started with a Binance Futures account in minutes from anywhere around the world and gain access to the best Bitcoin and crypto futures trading platform that any exchange has to offer.
Read our Binance Review for more information.
- Good spot volume and liquidity
- Wide variety of cryptos to trade
- Best depth in perpetual futures
- Up to 25x leverage
- Issues around regulatory clarity in many jurisdictions