Best Crypto Futures Exchanges for September 2022

10/06/2022By: C, Fiona

Futures trading in cryptocurrencies is quite hard, especially when compared to spot trading. Succeeding in the market calls for the appropriate set of skills and infrastructure.

The important component is that leverage (borrowed money) is used to make the trades, which increases the danger but also the potential gain. If you incur a loss, you must reimburse the exchange for the whole amount, plus interest.

If you don’t have the right timing, knowledge, and exchange platforms, trading bitcoin futures can be financially ruinous.

Therefore, you should choose an exchange that provides cutting-edge trading tools, top-tier liquidity, an uncluttered user interface, and lightning-fast order execution.

 


1.Binance

The best place for traders to purchase bitcoin and other cryptocurrencies is on Binance, the world’s largest cryptocurrency exchange. Its product range, trading volume, and leverage are all industry standards.

Binance entered the futures market at the start of 2020, and it quickly rose to prominence as the premier platform for trading cryptocurrency derivatives, boasting both high volumes and low spreads. Over $60 billion is traded each day on the market in gross trading volumes.

 

For institutional and professional investors, the Binance futures account has quickly become the go-to option. Trading is available for BTC options, leveraged tokens, and perpetual and quarterly futures contracts with USDT margining, as well as COIN-M (token margined with or without expiry futures contract). Futures trading allows for a maximum leverage of 125 times.

 

Other advantages of the exchange include a leading matching engine that can handle 100,000 TPS with a latency of no more than 5ms, deep liquidity with negligible slippage, a trading platform accessible from a variety of devices, a trustless asset fund, etc.

 

Its fees are the lowest of any major Bitcoin exchange, with a sliding scale that begins at 0.02% for makers and 0.04% for takers.

2.FTX

When it comes to futures trading for cryptocurrencies, FTX is a market leader and a favorite among traders.

FTX, a new cryptocurrency exchange that launched in November 2019, was developed by Alameda Research, a leading worldwide liquidity provider, and is backed by prominent companies in the cryptocurrency sector. These companies include Binance, Bitfinex, Circle, FGB Capital, and many more.

The exchange allows trading in 150 different futures contracts, both permanent and quarterly, as well as leverage tokens, a Bitcoin option, and FTX’s own MOVE contracts, with leverage of up to 101X.

All futures contracts on the platform are settled in U.S. dollars, and the platform supports variable collateral (users can take a position in BTC-perp with ETH as collateral), cross-margin, sub-accounts, and a powerful risk management framework.

 

There are a total of six tiers of fees for trading FTX on the platform, each of which is determined by the average daily volume of trades over the preceding 30 days. When dealing in amounts less than $2,000,000, the maker fee is 0.02% and the taker cost is 0.07% under the first tier. Trading fees for FTT tokens are discounted by up to 60% for holders, depending on the amount of tokens held.

 

3.Kraken

Kraken is a cryptocurrency exchange platform that has been around for quite some time and is well-known for its excellent customer service and speedy bank withdrawals.

It is a market that began operations in 2013 and was founded in the United States in 2011. In the futures market, you can trade XBTUSD, ETHUSD, LTCUSD, BCHUSD, and XRPUSD perpetually with a leverage of up to 50X.

Kraken has been in the cryptocurrency industry for a decade, and in that time, the company has made extensive improvements to its consumer offering in response to feedback from users and changes in market demand. The platform’s user interface can be altered to suit individual needs, and it now features simpler order forms and contextual tooltips. Through its dark pool functionality, it also allows for private transactions.

The lowest transaction charge is 0.02% for makers and the highest is 0.05% for takers, reflecting the tiered nature of the fee system.

 

4.Bybit 

Bybit, a worldwide crypto futures exchange headquartered in Singapore, opened in March 2018 and is widely regarded as having encouraged more ordinary people to invest in the futures market.

Over 1.6 million customers put their faith in it, making it one of the most popular crypto derivatives exchanges. And, based on daily trading volume, it is consistently one of the top five cryptocurrency futures markets.

The three types of futures markets available on the exchange are Inverse Perpetual Futures (BTCUSD, ETHUSD, XRPUSD, EOSUSD), Linear Perpetual Contracts (BTCUSDT, ETHUSDT, BCHLINK, LINKUSDT, LTCUSDT, XTZUSDT, ADAUSDT, DOTUSDT, UNIUSDT), and Inverse Futures Contracts (BCHLINK, LINKUSDT, XTZUSDT (BTCUSD quarterly).

Maximum leverage provided by Bybit is 100X for BTCUSD and BTCUSDT contracts and 50X for all other futures products.

ByBit is a robust and intuitive trading system that facilitates high-frequency trading in the futures market. On this platform, the cost of making a transaction is low enough to be competitive. There is a 0.025% manufacturer refund and a 0.075% taker fee.

 

5.BTCC: Best for Futures Trading

 

When it comes to buying and selling bitcoin futures, one of the best places to go is the BTCC cryptocurrency exchange. BTCC has founded since June of 2011 and provides traders with a variety of options for tradingcryptocurrency derivatives and futures contracts.

Cryptocurrency - BTCC

 

We are  a cryptocurrency exchange established in 2011 and headquartered in London, UK. We are the longest running cryptocurrency exchange in the world!

We specializes in cryptocurrency contract trading, offering demo trading, daily contracts, weekly contracts, and perpetual contracts, so anyone who is a cryptocurrency investor can meet their trading needs through BTCC.

 

With the addition of this new product type, We now offers four broad classes of crypto futures: daily, weekly, perpetual, and the newly-added quarterly futures. The versatility in product types allows users to choose and trade futures that best suit their needs and goals.

The launch of these 19 quarterly futures marks the beginning of our expansion of crypto product offerings. As BTCC is celebrating its 11th anniversary this year, we are looking to introduce more products to meet the rising demands of its users worldwide.

 

 

 

BTCC FAQs

Is BTCC safe?

Since its inception in 2011, BTCC has made it a priority to create a secure space for all of its visitors. Measures consist of things like a robust verification process, two-factor authentication, etc. It is considered one of the most secure markets to buy and sell cryptocurrencies and other digital assets.

Is it possible for me to invest in BTCC?

Users are encouraged to check if the exchange delivers to their area. Investors in BTCC must be able to deal in US dollars.

Can I Trade BTCC in the U.S?

Yes, US-based investors can begin trading on BTCC and access the thriving crypto asset secondary market to buy, sell, and trade cryptocurrencies.