Best Crypto Futures Trading Platforms for 2025

Updated October 17, 2025
Vignesh Selvasundar
Written by Vignesh Selvasundar
Cryptocurrency Futures Trading

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In 2025, derivatives like futures contracts account for the vast majority of all crypto trading volume, making them the dominant product by a considerable margin. This major shift tells us one thing: investors, traders, and ambitious beginners now recognize futures trading as an essential tool.

That’s why choosing the right crypto futures trading platform is important. It determines not just your potential gains, but also how secure, efficient, and transparent your trading experience will be.

Crypto futures trading platforms can make investors earn returns, particularly during turbulent market conditions. While futures trading used to be reserved for experienced investors, the tools are now accessible to all levels of traders. 

To save your time, we’ve selected the 10 best crypto futures trading platforms for 2025, ranked and reviewed using a clear methodology that considers security, fees, liquidity, and overall user experience.

Key Takeaways

  • MEXC offers the industry’s highest leverage of up to 500x and a diverse suite of 600+ futures, making it the best option for high-risk, high-reward traders.
  • Bybit and Bitget excel in copy trading and automation, offering futures bots, multi-asset margin modes, and robust community-driven features for novice traders seeking to follow experts.
  • OKX excel in early listings and advanced quant strategies, giving active traders an edge in chasing trending markets.
  • Binance leads the pack globally with 500+ trading pairs, deep liquidity, and advanced tools like TWAP and Portfolio Margin, making it ideal for both retail and institutional traders.

Top Crypto Futures Trading Platforms – Quick Comparison

Below is a table comparing some of the popular and top crypto futures trading platforms based on several metrics. The goal is to help you decide what fits your needs and exposure level the most.

ExchangeFutures PairsFutures InstrumentsLeverage OfferedFeesRatings

MEXC


MEXC
Read More


300+PerpetualUp to 500x0.02%/0.02%4.4

Binance Futures


BitgetRead More

500+Perpetual & DeliveryUp to 125x0.02%/0.06%4.6

Binance Futures


Binance FuturesRead More

340+Perpetual & DeliveryUp to 125x0.02%/0.04%4.8

Bitfinex


Bitfinex Read More

60+PerpetualUp to 100x0.02%/0.065%4.0

KuCoin


KuCoin Read More

375+Perpetual & DeliveryUp to 100x0.020%/0.060%4.4

Bybit


BybitRead More

200+Perpetual & DeliveryUp to 100x0.025%/0.075%4.6

Hyperliquid


Hyperliquid Read More

130+PerpetualUp to 50x0.01%/0.035%4.1

Hyperliquid


Kraken Read More

50+FuturesUp to 50x0.02%/0.05%4.5

Hyperliquid


OKX Read More

300+Perpetual & DeliveryUp to 125x0.02%/0.05%4.7

Hyperliquid


Deribit Read More

Focused on BTC and ETH futuresInverse & Linear FuturesUp to 100x0.02%/0.05%4.4

Best Crypto Futures Trading Platforms Reviewed

Crypto futures trading lets you speculate on price movements and hedge your positions with leverage. There are dozens of exchanges on offer now, all competing for users. 

Some are ideal for beginners, others work for institutional traders, and a few even provide decentralized trading. Below, you’ll find a comprehensive review of the best crypto futures trading platforms we chose based on our ranking and review methodology.

MEXC

MEXC: Best Crypto Futures Trading Platform

4.4

MEXC is one of the popular choices for futures trading. Launched in 2018, it offers an ultra-fast futures trading engine with a huge asset selection and vast liquidity. 

MEXC is largely known for being one of the fastest platforms to list new trending tokens for trading. It also offers some of the lowest fees in the industry. For example, futures trading is as low as 0.0010%, plus special offers on hot trading pairs are even available to trade 0% fees.

Beyond the fees, the platform is packed with features that enable you to trade perpetuals against stablecoins like USDT or wider crypto-to-crypto swaps. For newer traders, copy trading and demo trading allow you to hone your trading strategy. You can follow and replicate the strategies of top traders or practice with a simulation account.

Within the order book, there is everything you expect in a leading crypto trading platform, with intuitive limits and market orders, along with stop triggers. Adding to this, you can enjoy up to 400x leverage to boost profits on your positions. 

All of these tools make MEXC a popular choice for crypto traders, reflected in the platform’s massive user base. According to MEXC’s recent post, the crypto exchange currently has over 15 million users globally, and over 10 million downloads on the Google Play Store, with a user rating of 4.3.

MEXC is one of the leading crypto futures exchanges for experienced traders and newcomers, considering all the features and user ratings, we rated MEXC 4.4 out of 5. Although it claims to be worldwide, it does not provide support for the US, UK, Canada, Singapore, and other countries.

MEXC is one of the leading crypto futures exchanges for experienced traders and newcomers

Why did we choose MEXC:

MEXC has established itself as a leading name in the crypto futures trading market with a track record of high-speed execution since2018. The platform is consistently the first to list trending tokens, staying ahead of the curve in a fast-moving industry. 

Extremely low fees are complimented by huge global liquidity, so you can enjoy seamless transactions in volatile asset classes. Transparent asset security with 100%+ reserves, cold storage, and a crypto futures insurance fund complements the professional trading platform on offer here. 

Pros and Cons

  • Futures trading demo portal
  • Huge liquidity
  • Fee as low as 0%
  • Not available in US, UK, Canada
  • Not for beginner crypto traders
  • No fiat support
bitget-official-logo

Bitget: Best for Copy Trading in Futures

4.6

Bitget, founded in 2018 by a team of blockchain adopters, makes futures trading easy, especially for beginners, with several tools to get settled and trade safely. It also offers tools and features that appeal to experienced traders. For example, Bitget supports over 500 futures pairs, including notable names like Bitcoin and Ethereum and mid-cap altcoins.

This means everyone can find an opportunity regardless of their strategy. For users, such flexibility is important as they get access to a variety on a single platform, rather than jumping from exchange to exchange.

For fees and leverage, Bitget keeps things competitive. Maker fees start at 0.02% while taker fees are at 0.06%, which is similar to what most futures exchanges offer. Traders get up to 125x leverage, which is enough flexibility to scale their positions based on their risk appetite. 

Beyond fees and leverage, Bitget also ensures risk management tools like stop-loss and take-profit are simple and easy to navigate. Overall, Bitget doesn’t feel too technical, which is a win for both new and experienced users.

Another notable advantage of Bitget futures is accessibility across different regions. Bitget is available in over 100 countries, including parts of Europe, Asia and Latin America, making it a global platform. 

This global coverage makes Bitget a good entry point for users in emerging markets where futures are not easily accessible. It also offers 24/7 multi-lingual customer support, making it an exchange that’s user-focused.

On the Google Play Store alone, Bitget has over 5 million downloads and a 4.5 average user rating. According to Bitget, its total user base is around 120 million. CoinGape team rated Bitget 4.6 out of 5, considering its ease of use, competitive fees and global coverage.

bitget futures

Why Did We Choose Bitget?

We chose Bitget as one of the best futures trading platforms because it strikes a good balance between accessibility, product depth and user protection. Unlike some exchanges that appeal to only advanced traders, Bitget is used by both experienced and new traders.

Operating in 100+ countries with over 12 million users, Bitget continues to expand globally. In 2025, it made headlines by launching the industry’s first Unified Account covering four major blockchains, a move that simplifies portfolio management across assets. 

It offers a simple interface, risk management tools and a wide range of futures pairs. Bitget also emphasizes security, and transparency, offering a proof-of-reserve to provide an extra layer of confidence for users.

Binance_Logo

Binance Futures: Top for High Liquidity and Trading Volume

4.8

Binance is arguably the best place to trade futures if you value high liquidity, global presence and good fees. Beyond its features, most traders prefer Binance because it offers stability. Launched in 2017, Binance has faced several challenges but remains the leading crypto exchange by market cap and global trading volume. 

In terms of user base, Binance has surpassed 250 million active users, more than any other exchange. This massive growth can be seen in the number of downloads on the App Store and the Play Store. The combined downloads on both platforms have exceeded 100 million as of 2025. 

This strong user focus is one of the reasons traders love to trade futures on Binance. Binance’s crypto futures platform lives up to the name, too, with derivatives trading volumes often double that of the nearest competitors. 

That’s good news for its users as it delivers massive liquidity across more than 340 trading pairs. The wide token choice is matched with the flexibility of contracts, which includes both perpetual and options in either stablecoin or underlying crypto settlement.

Leverage options are decent with a 125x maximum on trades under 50,000 USDT. The fee structure is appealing at 0.02% for level 1 traders, although this can drop right down to 0% for the VIP level 9 traders working with more than $25 billion in 30-day trade volume.

If you’re familiar with the Binance trading platform already, you won’t have any trouble diving into Binance Futures. It works in a familiar manner with traditional order book, limit and market orders, and stop limits to complement the in-depth charting analysis tools. 

If you are honing your strategy, then the copy trading feature shows off the results and tactics from several of the world’s leading traders based on 30-day profitability. You can copy their trades at the click of a button.  

A unique set of functions is the built-in trading bots. For free, you can build your automated trading bots in any number of styles, including grid, algo, arbitrage, and TWAP. So you can predefine your strategy and execute trades instantly, no matter if you’re online or not. 

Binance crypto futures exchange has competitive trading fees and high liquidity for futures contracts. CoinGape team rated Binance Futures with 4.8 out of 5 due to its high liquidity and features like trading bots and copy trading. 

Binance crypto futures exchange has competitive trading fees and high liqudity for futures contracts

Why did we choose Binance Futures:

Binance will always make an appealing choice when it comes to crypto trading. Its crypto futures functionality is impressive and trumps many of the ‘futures only’ platforms, too.

Binance’s fiat support means you can deposit, buy crypto, and then start trading crypto futures all on one user-friendly platform. Sure, the fees aren’t as low as some competitors, but with a long-standing security and liquidity track record, a wealth of functionality, and regulatory compliance, Binance is a leading contender.

Pros and Cons

  • Highest global liquidity/trading volume
  • Trusted name in crypto
  • Feature-rich platform
  • Fee structure based on trading volume
  • No support for the UK, Canada, or Japan
Bitfinex

Bitfinex: Best for Professional Traders with Long Track Record

4.0

Bitfinex is one of the oldest crypto exchanges, launched in 2012. The company devotes itself to enabling people to transact and interact with the world freely. It does this through state-of-the-art blockchain technology. 

A significant part of this mission involves derivatives trading. Advanced traders can use Bitfinex Derivatives to access perpetual contracts. Also, collateral can be defined as USDT, EURt, or BTC with a maximum 100x leverage.

Generally, fees are set at 0.0200%, but this can drop in specific scenarios with an increased volume of use of the native LEO token. A good advantage of using Bitfinex is that you can work with more than 60 perpetual trading pairs within the graphical, user-friendly interface. 

Plus, you can access major assets like BTC, ETH, LTC, SOL, and DOGE. Uniquely, the perpetual swaps extend to fiat currencies, including GBP, EUR, and JPY.  If you’re still getting to grips with the platform, then paper trading is available to demo your strategies. 

Although Bitfinex is largely used by advanced traders, the platform is also accessible to newbies. This means it focuses on all user levels, which could be a driving factor for its growing user base. 

Bitfinex claims to have millions of active users. While its user base pales in comparison to Binance or even Bitget, the exchange is slowly increasing in popularity. On the Google Play Store, Bitfinex has over 500,000 downloads, bringing its total downloads to over a million. 

CoinGape team rated Bitfinex with a user rating of 4 out of 5, recognizing it for its longevity and advanced features such as multi-collateral leverage and security.

Trading futures contract with advanced trading tools on Bitfinex

Why did we choose BitFinex:

Bitfinex is a staple in the crypto world as a whole. It has a long, successful history for crypto trading, which now extends to trading crypto futures for professionals. The company has been robust over the years, including the survival of a major hack in 2016. Security has been beefed up and monitored ever since.

Advanced user verification for withdrawing funds is matched with real-time database backups and DDoS protection. Plus, the majority of funds are stored offline in multi-sig wallets, leaving only 0.5% of assets exposed to hot wallets in daily operations. 

Pros and Cons

  • Long industry track record back to 2012
  • Advanced perps trading functionality
  • Fiat trading availability
  • Leverage limited to 100x
  • Average fees at 0.0200%
KuCoin

KuCoin: Wide Derivatives Asset Selection

4.4

If you’re looking for an exchange where you can begin trading in a few clicks, KuCoin is one of our best recommendations. Launched in 2017, KuCoin currently has over 28 million users globally, according to CoinMarketCap and over 9 million downloads on Google Play Store. This growth is largely due to its easy-to-use nature and strong features. 

The platform boasts an extensive range of derivatives trading products. When you first access KuCoin, you’ll notice the enormous choice of crypto futures contracts available to trade – 375 to be exact. These cover USDT-margin, USDC-margin, and Coin-margin contracts. 

This asset choice is paired with high liquidity across perpetual, options, and delivery trades. Of course, there is the potential for heavy volatility across such a variety of assets, but the proprietary advanced order-matching technology delivers users a smooth and reliable trading experience. 

Although KuCoin faces restrictions in some areas, the platform is keen on expanding its presence. Earlier this year, KuCoin announced its entrance to Thailand, and as reported by CoinGape, the move marked a significant expansion in Southeast Asia.

What about fees? Well, futures have a refreshing, simple flat fee structure, which sits at a base of 0.02%. It’s also worth noting that there is an added 0.025% charge when a contract is settled. Leverage varies depending on the assets; the maximum is 125x, although most alternative tokens max out at 50x leverage.   

Plus, there is the option to buy crypto using the futures trading function. Perp contracts are easily searchable, so you don’t have to sift through a long list. The added categories are a nice touch, with ‘Degen’ and ‘Trending’ accompanying AI, Meme, Politic, and DeFi asset classes. 

Considering all the features and user experience, the CoinGape team rated KuCoin with a user rating of 4.4 out of 5, praising it for its large derivatives selection.

crypto futures trading on kucoin

Why did we choose KuCoin:

KuCoin is regarded as a trustworthy, safe, secure, and transparent operator. It ticks all the boxes with high liquidity and features a rich platform to give advanced traders flexibility.

You can quickly move between hundreds of assets and contract types, from Politifi coins to newly added options contracts.

The technology backing up the experience is fast, with near-instant trades for smooth reliability. KuCoin keeps transparent proof of reserves and works to meet regulatory compliance like KYC and AML.

Also, user safety is always top of the list with anti-wallet tampering measures and data backups matched with cold and hot wallet fund separation. 

Pros and Cons

  • Simple flat fee structure
  • High liquidity with global support
  • Cross-margin mode for flexible trading
  • Fees don’t drop past 0.0200%
  • No UK support
  • Complex for beginners
Bybit

ByBit: Advanced Trading Tools and Automated Bots 

4.6

ByBit’s vision is to unleash the full power of crypto with the next generation of opportunities, tools, and support. Its story runs back to 2018, a year in which it debuted its first BTC/USD inverse perpetual contract within 2 months of launching. 

Crypto futures trading has soared since then. Over the following years, the platform would continue to innovate with USDC-settled options contracts and surpass 20 million users. 

As for trading specifically, the high user count delivers stellar trading volume and liquidity, so there is rarely an issue with exiting positions on contracts. Fees are set to 0.0200% for the lowest tier ‘non-VIP’ users, with the ability to drop as low as 0% for the highest volume traders. 

The maximum leverage available is 100x when coupled with a 0.5% maintenance margin rate. It’s not clear the exact number of assets to trade as crypto futures, but it is in the hundreds. You can trade hundreds of perps to settle as USDC or USDT, while expiry and options are limited to BTC, ETH, and SOL in the main part. 

The trading interface is busy but detailed. You’ll get an instant overview of an asset, including advanced charting tools, live order book, and order toolbar. Added tools are easily accessible, too, with TWAP, Iceberg, and Webhook Signal Trading if you want to run more complex automated strategies. 

Keep exploring, and you’ll find further in-built bots like Grid and Martingale. Plus, there is copy trading to mirror the results of the platform’s top traders. 

Handily, customer support is always on hand, with live chat available at the click of a button alongside industry news announcements, so you’re always in the loop. You can even add TradingView alerts so you never miss a beat.

The CoinGape team rated Bybit with a user rating of 4.4 out of 5, acknowledging its massive user base of over 70 million users (according to Bybit), reflected by over 10 million downloads on the Google Play Store alone as of September 2025.

Bybit also offers features like automated trading bots and advanced order types. We also rank Bybit as one of the top copy trading platforms in 2025.

futures trading on bybit

Why did we choose ByBit:

With a diverse range of derivatives trading options, strong security track record, and an in-depth user interface, ByBit checks all the boxes of a high-quality exchange.

It is why the platform has risen to become one of the top names in the crypto market. Cold storage and multi-sig wallet protect funds with an added insurance fund to protect traders during shortfalls in liquidation. It’s a perfect choice for advanced traders with such a rich set of trading features to run complex strategies. 

Key Features

Pros and Cons

  • Strong security record with no compromises
  • High liquity and user base
  • Advanced trading features and bots
  • Steep learning curve for beginners
  • Not available in US or UK
hyperliquid-logo

Hyperliquid: Best Decentralized Futures Platform

4.1

Hyperliquid is a fledgling decentralized exchange for trading crypto futures perpetual contracts. Launched by Jeffrey “Jeff” Yan in 2023, Hyperliquid is quickly gaining ground as a good place for crypto futures. 

To show its growing popularity, Hyperliquid currently has over 600 thousand active wallets, up from the 350 recorded in 20204. What’s its biggest appeal for futures traders? Hyperliquid offers an easy way to trade crypto futures. 

Via Arbitrum, traders can deposit USDC and begin trading over 130 crypto assets with 50x leverage. Hyperliquid is building a decentralized trading platform that feels and performs like any of the major centralized exchanges, like MEXC. 

The design means there aren’t regular wallet approvals impeding your trading flow. You sign your trading wallet to initiate a trading session, then continue entering and exiting positions without interruption.

Advanced order types are available alongside a complete on-chain order book. So you can work in a professional style with all the benefits of decentralization and no KYC requirements.

Fees are attractive, set as low as 0.0100%, coupled with zero gas fees and substantial trading volume, ensuring robust liquidity to move in and out of positions.

The platform launched in 2022 on a bespoke chain called Hyperliquid L1. This means it hasn’t been tested as extensively as major chains like Ethereum or Solana. Smart contracts run the exchange, which adds a new risk that needs to be regularly audited to protect from vulnerabilities. 

Oracle manipulation is another potential risk to consider. So far, the DEX has stood up to the challenge and is a leading light in the DeFi Web3 world that knits together trading crypto futures, smart contracting, and Oracle solutions on the blockchain. That’s cool. 

CoinGape team rates Hyperliquid 4.1 out of 5 due to its role as a leading decentralized futures DEX with zero gas fee and an on-chain order book. 

HyperlTrade futures contracts in the best futures trading platforms for decentralized cryptocurrency futures

Why we chose Hyperliquid:

Hyperliquid is a powerful futures trading platform that is leading the way for DEX crypto futures trading. The majority of top futures crypto exchanges are made up of centralized exchanges.

If you want to trade in an anonymous, decentralized manner, then you’ll need a robust DEX. The other benefit is geographical restrictions. Many crypto futures trading platforms are not available for US and UK users, so Hyperliquid gives you a way to trade using self-custody in this situation.

Fees are attractive, liquidity is strong, and security remains in the user’s control. It might not be ideal for crypto newcomers who aren’t sure about how to trade on a DEX.

Pros and Cons

  • Advanced DEX futures trading platform
  • Self-custody and no KYC
  • Decent liquidity and asset availability
  • Decentralized global accessibility
  • No fiat support
  • Added risk of smart contracts
  • Overwhelming for beginners
Kraken-Futures-Trading-Platform

Kraken: Best Futures APP for Pro Traders

4.5

With over 10 million users across 190+ countries, Kraken is one of the best platforms for futures traders. Kraken supports over 50 futures pairs and leverage of up to 50x, catering to users who prioritize security and compliance while still seeking advanced trading tools. 

Kraken’s fee structure is competitive, starting at 0.02% maker / 0.05% taker, with discounts for higher volume traders. On Kraken Futures, traders can choose from essentials like market and limit orders, while also setting stop-losses and take-profit triggers in either market or limit form. 

It also offers more advanced options such as trailing stops, bracket setups, and flexible time-in-force settings (post-only, reduce-only, or immediate-or-cancel). All of these give active traders more control over how and when their orders are executed.

Kraken is also notable for its innovations. Kraken recently made headlines after announcing the launch of its Krak App for borderless payments. The launch reportedly positions it as a direct rival to Ripple for crypto payments.

CoinGape gives Kraken a strong user rating of 4.5 out of 5 for its emphasis on compliance, security and multiple order types.

Kraken Crypto Futures

Why Did We Choose Kraken?

  • Major global presence, 100+ countries
  • Wide mix of order types for advanced control. 

Pros and Cons

  • Bracket and trailing orders for futures precision.
  • Offers time-in-force options for flexible execution.
  • Operates on a regulated framework.
  • Lower leverage than most rivals.
  • Limited range of futures pairs.
okx-crypto-futures

OKX: Trade Over 300 Pairs, Perpetual and M-Coin Futures

4.7

OKX is one of the global powerhouses for derivatives, now available in 100+ countries and offering over 300 futures contracts with leverage up to 125x. Fees on OKX are among the cheapest, with the maker starting at 0.02% and taker around 0.05%. Plus, OKX offers serious discounts for high-volume or VIP accounts.

OKX is also one of the best launchpads for upcoming tokens, meaning you always get exposure to what’s new in the market, especially if you’re hunting new altcoins. Fortunately, CoinGape always covers the best upcoming OKX listings. 

In terms of execution, OKX supports market and limit orders, but it doesn’t stop there. Traders can also use advanced settings like post-only modifiers to stay on the maker side, reduce-only to manage risk on exits, and a wide selection of conditional and stop orders for precision trading. 

OKX also operates a robust bot marketplace, allowing the option to automate strategies without coding. This feature serves as a bridge between casual and pro traders. In terms of expansion, news emerged that OKX plans to deepen ties with Wall Street institutions, signalling its intent to play at the highest level.

Having looked at its robust futures offering, CoinGape gives OKX a user rating of  4.7 out of 5. OKX ranks this high thanks to its strong global reach, advanced tools, and Wall Street ambitions.

OKX Crypto Futures Trading

Why Did We Choose OKX?

  • Offers a token listing service where futures traders can access new altcoins.
  • Provides a bot marketplace for automated trading.

Pros and Cons

  • Offers 300+ futures pairs with high liquidity.
  • Traders can leverage post-only and reduce-only tools for execution control.
  • Access to the bot marketplace for automated strategies.
  • Complexity may overwhelm beginners.
  • Aggressive leverage (125x) raises liquidation risks.

Deribit: Premier Exchange for Perpetual and Calendar Futures

4.4

Deribit has long been one of the leading futures exchanges, and with its recent acquisition by Coinbase, it’s now stepping into a much larger spotlight. Operating across more than 150 countries, Deribit has built a reputation for deep liquidity and a strong derivatives offering.

When it comes to futures, Deribit provides traders with two main types. First are Perpetual Futures, which have no set expiry and allow users to hold positions indefinitely, making them ideal for continuous strategies.

Then there are Calendar (Inverse) Futures, which come with a fixed expiration date and are settled at maturity, giving traders more structured contracts for hedging or speculation.

Deribit also stands out for its options-first heritage, meaning it integrates futures trading with a broader derivatives ecosystem. That, combined with Coinbase’s backing, positions it as one of the most institutional-ready futures platforms today.

CoinGape gives Deribit a user rating of 4.4 out of 5, considering its focus on futures and recent support from Coinbase. 

Deribit Crypto Futures Platform

Why Did We Choose Deribit?

  • Offers both perpetual and calendar (inverse) futures, giving traders flexibility for short-term and longer-term strategies.
  • Popular for its deep liquidity in BTC and ETH futures, reducing slippage for large positions.
  • Backed by the Coinbase acquisition, boosting institutional trust and regulatory credibility.

Pros and Cons

  • Available in 150+ countries, giving global access.
  • Strong BTC/ETH dominance, making it ideal for blue-chip crypto futures traders.
  • Offers transparent settlement mechanics for calendar futures.
  • Still not broadly available in the U.S. despite the Coinbase acquisition.
  • Limited asset selection compared to Binance or OKX.

What is Crypto Futures Trading?

Imagine crypto futures as agreeing to buy or sell oranges at a fixed price next month, no matter how things turn out in the market or if prices change. If you got a deal for 10 baskets of oranges at $5 each, and the price later rises to $7, you profit because you locked in the cheaper deal. 

However, if the price goes down to $3, you lose because you’re stuck paying more than the market price. That’s the basic idea of futures; you agree on a price today for a trade tomorrow. 

In crypto, futures contracts work the same way, but with Bitcoin, Ethereum and other digital assets rather than oranges. Now, there are two main types of crypto futures:

  • Perpetual contracts (no expiration date; you can hold the position as long as you want).
  • Delivery contracts (they expire on a set date and are settled then).

For example, if Bitcoin is at $30,000 and you “go long” (bet on a price increase) using a futures contract, and it climbs to $35,000, you pocket the difference.

If it drops to $25,000 instead, you take the loss. Traders can also “go short” (bet the price will fall) and profit when the market goes down.

Beauty is in leverage. In futures, you get to control a much larger position than the cash you put down. For example, with a 10x leverage, a $1,000 margin lets you trade up to $10,000 worth of Bitcoin futures.

While this can double your profits, it can also bring heavy losses, making it risky. Click here for our full explanation of crypto futures.

Types of Crypto Futures Markets

There’s a key difference between futures and margin. While margin lets you borrow funds to trade on spot markets, futures are an agreement to trade at a later time or date. There are 3 main types of crypto futures markets:

Perpetual Futures

Perpetual contracts are the most common type of crypto futures market. These contracts have no expiry date, allowing traders to keep positions open indefinitely. Perpetual futures often cover a wide range of markets, offering flexibility to traders.

Delivery Futures

Delivery futures come with a predetermined expiry date. These contracts typically expire in 1, 3, 6, or 12 months. Unlike perpetual futures, delivery futures must be settled upon expiry. However, they can also be sold before the expiration date for risk management purposes.

Inverse Futures

Inverse futures are non-linear contracts settled in the underlying cryptocurrency. This characteristic increases both potential rewards and risks associated with trading.

How to Choose the Right Crypto Futures Platform?

With crypto futures available on most exchanges today, selecting the right fit isn’t about leverage. Instead, the focus is on balancing performance, usability, and safety. We’ve assembled a checklist of factors to consider before committing your funds to any platform: 

  1. Range of futures contracts:
    Prioritize platforms that offer a wide variety of futures pairs (BTC, ETH, altcoins). For example, Binance supports 500+ pairs, while niche exchanges like Deribit focus mainly on BTC and ETH futures. A broad selection means more opportunities for strategy diversification.
  1. Leverage Options:
    Exchanges operate differently when it comes to leverage. For example, MEXC offers up to 500x leverage, while Kraken caps at 50x. Higher leverage can multiply profits but also risk, so choose based on your trading style.
  2. Trading Volume and Liquidity:
    High daily volume means serious liquidity, which ensures smoother execution and less slippage. Platforms with weak liquidity make it harder to enter and exit positions. Binance excels in this regard. The platform hit $134B in July 2025.
  3. Fee Structure:
    Fees are important in futures trading, and could be more expensive on some platforms than others. Typically, maker/taker fees range from low rates like 0.002%/0.006% on KuCoin to higher rates like 0.025%/0.075% on Bybit. Some platforms like Binance and OKX offer discounts for holders of their native tokens and VIP tiers, and this can make a difference. 
  4. Security and Compliance:
    Look out for modern security measures like cold storage, 2FA, proof-of-reserve, and regulatory licenses. Kraken, for instance, is known for its strict compliance and transparency, while others like Binance have faced regulatory setbacks in some jurisdictions.
  5. Supported Assets and Payment Methods:
    Platforms that offer multiple fiat gateways such as cards, bank transfers, and Apple Pay make it easier to onboard and trade. Platforms like MEXC lean more to crypto deposits, but others like Binance and OKX offer both fiat and crypto funding options. 
  6. User Experience (UI/UX):
    A platform should balance pro-level tools (like OKX’s bot marketplace or Bybit’s trailing stops) with beginner-friendly features (like BingX copy trading). Always test both mobile and web versions for ease of use.
  7. Risk Management Tools:
    Top platforms must have risk management features such as stop-loss, take-profit, and advanced margin options (cross vs. isolated). Platforms like Bitget add MMR-based stop-loss and multi-asset margining, which can help you stay in control under volatile conditions.
  8. Customer Support and Education:
    Round-the-clock support and tutorials can make or break your trading experience. Gate.io, for instance, offers tutorials on advanced futures strategies like TWAP and Iceberg Pro to help users execute with confidence.
  9. Geographic Availability:
    Finally, confirm the platform is available in your country. Some platforms like Binance Futures restrict U.S. Always double-check before depositing funds.

Overall, the best crypto futures trading platform is not the one with the highest leverage. Instead, it is the platform that balances liquidity, fees, security and risk controls for your personal trading.

How We Reviewed the Best Crypto Futures Trading Platforms?

We reviewed the top crypto futures trading platforms for 2025 by focusing on factors that matter most to both beginners and advanced traders. The goal was to give readers a balanced look at each platform’s strengths, risks, and standout features.

Here’s the breakdown of our review process:

1. Futures Contract Variety:

We looked at the types of futures contracts each platform offers. This includes perpetual, quarterly, and inverse contracts. Platforms with more variety, like Binance and Bybit, scored higher because they give traders flexibility in choosing strategies.

2. Leverage and Risk Management:

We compared leverage levels across platforms, from conservative options like 10x to high-risk levels up to 200x. We also factored in risk management tools such as stop-loss orders and insurance funds, rewarding platforms that help traders reduce liquidation risk.

3. Fees and Trading Costs:

We examined trading fees, funding rates, and any hidden charges. Exchanges with competitive and transparent fees, like Bitget and MEXC, earned stronger ratings. Lower costs mean more profit potential for active traders.

4. Liquidity and Volume:

High liquidity plays a huge role in smooth trade execution. We analyzed trading volumes and order book depth, giving preference to platforms like OKX and Binance, which consistently rank among the leaders in global derivatives volume.

5. Security and Trust:

Security measures such as proof-of-reserves, cold storage, and multi-layer account protection were a core focus in our evaluation. Trusted platforms like Kraken and Coinbase Futures stood out for their long-standing reputation and strong compliance practices.

6. User Experience:

We assessed how easy each platform is to use for different skill levels. Beginner-friendly apps with clean interfaces scored highly, while professional tools like advanced charting and API access were recognized as valuable for seasoned traders.

7. Special Features:

Finally, we highlighted unique offerings that make platforms stand out. For example, copy trading on Bybit, demo accounts on Bitget, or KuCoin’s futures grid bots. These features add extra value for different trading styles.

Read more about CoinGape’s review methodology

What is Cryptocurrency Futures Funding Rate?

Cryptocurrency funding rate is a mechanism that aligns futures prices and spot market prices of underlying assets. This rate can be positive or negative, implying the fees for long positions or compensations for short.

The funding rate helps ensure a market equilibrium, which impacts the traders’ profitability. Thus, it is crucial to understand the mechanism and experience effective strategies in the volatile cryptocurrency futures market.

How to Trade Crypto Futures?

1. Learn the vocabulary 

Before picking a platform, take a moment to familiarize yourself with the basic terminology in crypto futures. Understand terms like Perpetual and Delivery. Take it further by knowing the difference between USDT-M / USDC-M vs Coin-M. Other terms to fully grasp include leverage, margin, long/short, funding rate and liquidation

2. Pick the right platform.
When selecting a platform, look out for futures pairs offered, max leverage, maker/taker fees, liquidity (volume), margin modes (isolated/cross), KYC rules, country availability, and risk tools (stop-loss, OCO). Try to use a platform with a demo/mock mode if you’re new.

3. Open an account and do KYC.
Complete identity checks so you can access derivatives. Fund a futures wallet (start small).

4. Practice in a demo account.
Use paper trading or mock copy trading to get a feel for order execution and fees before risking real capital.

5. Choose contract and margin mode.
Decide if you want to go perpetual or delivery, or USDT-M or Coin-M? Pick isolated margin if you want to limit risk to one position.

6. Size your position.
Don’t go too deep with the risk, especially if you’re just starting out. If you must risk, then risk 1–2% of your total capital per trade. If your account is $1,000 and you risk 1% ($10), your stop must be set so you’d lose $10 if hit.

7. Set leverage carefully.
Higher leverage amplifies both gains and losses. Beginners: stick to low leverage (e.g., 2x–10x).

8. Place the trade.

  • Market: immediate execution.
  • Limit: execute at your price or better.
  • Conditional/Stop: trigger a limit/market order when price hits a level.
    Use OCO or trailing stops to automate exits.

Let’s use a real example

  • You deposit $1,000 collateral and choose 10x leverage → position size = $1,000 × 10 = $10,000.
  • You go long at $30,000 BTC and price rises 5% to $31,500. Profit = $10,000 × 0.05 = $500. Return on margin = $500 ÷ $1,000 = 50% gain.
  • If price falls 5% instead, loss = $500 → 50% loss on margin. (Shows why leverage is powerful and risky.)

9. Monitor funding rates and fees.
Perpetual contracts have funding payments. You must check them, since they can eat returns on long holds.

10. Use risk controls always.
Set stop-losses, use reasonable leverage, and avoid emotional add-ons. Consider MMR/maintenance margin rules your platform uses.

11. Keep a trading journal.
Record entry, exit, size, reasons, and lessons. Doing this accelerates learning.

12) Taxes and compliance.
Track trades for tax reporting and follow local rules. Treat futures like any taxable financial activity.

Which Crypto Coins are Considered the Best to Trade on Futures Markets?

When it comes to crypto futures trading. Bitcoin and Ethereum are your best options. Both platforms dominate the derivatives market with the highest liquidity, deepest order books, and have more availability across exchanges like Binance, OKX, and Deribit. 

This means you’ll enjoy tighter spreads and faster execution and less slippage compared to smaller tokens. For example, with just a $1,000 margin at 10x leverage, a 3% move in Bitcoin could easily lead to a $300 profit or loss, which presents both an opportunity or a loss. 

On the flip side, you should avoid low-cap or newly listed tokens with shallow liquidity as well as overhyped memecoins. These coins can expose you to major price swings and liquidation risks. If you’re asking “which coin is best for future trading,” the clear answer remains BTC and ETH as the safest starting point.

What are the Top Crypto Futures Trading Strategies for Different Markets?

Crypto futures trading isn’t one-size-fits-all. Different market conditions call for different strategies, each with unique risks.

Trend Following (Bull or Bear Markets)

In trending markets, traders go long during upward momentum or short in a sustained downtrend. Example: If Bitcoin breaks above $30,000 with strong volume, a trend follower might enter a long futures position and ride the momentum.

Risk: sudden reversals can wipe out gains without stop-losses.

Range Trading (Sideways Markets)

When prices move between support and resistance levels, traders buy near support and short near resistance. Example: ETH bouncing between $1,800 and $2,000 lets range traders profit both ways.

Risk: breakouts can lead to unexpected losses.

Hedging (Volatile Markets)

Futures can protect portfolios. Example: A long-term BTC holder fearing short-term downside opens a short futures contract to offset potential losses.

Risk: hedge costs (funding rates, fees) may erode profits if the downturn doesn’t come.

Used wisely, these strategies can fit different markets, but success depends on risk management, not prediction.

How to Stay Safe While Trading Crypto Futures?

Staying safe while using crypto exchanges is a combination of various risk management systems, and discipline to your trading strategies. Here are some good tips to help you stay safe while using crypto exchanges: 

Develop a Trading Plan

Advanced planning of trades helps mitigate the liquidation risks. This involves profit planning while making effective exit strategies for unexpected trade outcomes. This step helps mitigate impulsive decisions influenced by emotions and falling under the greed or fear grid traps.

Secure your Positions

No matter how many precautions you take, crypto markets are volatile and can move unexpectedly. Thus, to mitigate potential losses while enhancing effectiveness, it is recommended to implement an exit strategy reinforced by stop-loss orders. Stop losses are an effective way to avoid liquidation but require constant vigilance.

Track the Margin Ratio

The margin ratio is calculated by dividing the maintenance margin by the margin balance. Constantly monitoring it helps effectively avoid liquidation risks. If the margin balance falls below the maintenance margin rate, automatic position closure is triggered. This emphasizes the need for careful monitoring.

Practice Trading

Several popular platforms allow newbie traders to make demo accounts for practicing crypto futures trading. For example, Binance Futures allows real-time practice without putting capital under actual risk. Additionally, active traders can use exchanges with crypto paper trading to test new strategies and tools and gain valuable experience.

Risk Management Strategies

To manage risk effectively, limiting the exposure of the trading account balance to 1-2% per trade is essential. Hence, it is recommended to begin with 2x to 5x leverage and avoid large positions initially. This helps develop a crypto futures trading methodology without excessive pressure.

Most exchanges provide a convenient method to keep track of the margin ratio. Here’s how it looks on Binance:

margin ratio on Binance

Lower the ratio, lower the risk of liquidation.

Avoid Compounding Losses

By increasing positions in a losing trade, the liquidation risk gets even bigger. Instead, one must focus on risk management to cut losses by closing losing positions. This also involves establishing and adhering to a trading plan to avoid impulsive decisions.

Final Verdict: Which Platform Should You Use in 2025?

Choosing the best crypto futures platform in 2025 comes down to security, risk management, leverage, and liquidity. Overall, you must match your skill level with the platform’s features; this should be your ultimate guiding factor. 

The best exchange for you is the one that balances opportunity with safety while fitting your trading goals. Here’s how we matched these platforms for easy identification: 

  1. Best by High Features Offering: Bybit
  2. Best for Beginners: Kraken
  3. Best for Low Fees: Binance
  4. Best for US Investors: OKX (not the global platform)
  5. Best for Security: Gate.io

Overall, we advise that you pick an exchange that matches your trading journey as a beginner or experienced trader.

Frequently Asked Questions

1. Are cryptocurrency futures safe?

Cryptocurrency futures pose an inherent risk due to the volatile and dynamic crypto market. Thus, trading with crypto futures requires careful consideration and due diligence to avoid losses.

2. Which is the cheapest cryptocurrency futures trading platform?

There are multiple crypto futures trading platforms with varying fee structures. A few exchanges charge extremely low fees for traders with a large volume and higher fees for traders with a lesser volume. Binance and OKX, however, are among the cheapest exchanges in the crypto futures, starting at 0.02% for makers and 0.05% for takers.

3. Which cryptocurrency exchange has the highest futures pairs?

Binance futures fees is the lowest, and it has the highest future pairs with maximum trading volume in the market. It offers perpetual and futures markets on over 600 cryptocurrencies.

4. What is Liquidation in Crypto Futures Trading?

Liquidation is the risk of trading crypto futures with leverage. It occurs when a position’s value declines by a certain percentage, especially with higher leverage ratios. For example, at 100x leverage, liquidation may happen with just a 1% adverse move.

5. Are Crypto Futures Platforms Regulated?

Yes, many platforms are regulated by financial authorities, but the level of regulation varies. It’s crucial to choose platforms compliant with regulatory standards in your region for investment safety.

6. What is the best crypto futures trading platform?

Binance Futures and MEXC lead the market with the highest liquidity and crypto futures trading volume. Bitfinex also provides excellent security features and user expereince. The “best” platform depends on your specific needs. That usually includes trading experience, asset choice, and geographical location.

7. Which crypto is best for future trading?

Bitcoin (BTC) and Ethereum (ETH) crypto futures are the most liquid and stable options for futures trading, offering the deepest markets and tightest spreads. As a futures trading pair and settlement currency, stablecoins like USDT and USDC are popular, particularly on crypto-only exchanges. 

8. Is crypto futures trading profitable?

Yes, crypto futures trading can be profitable. But it carries significant risks due to high volatility and leverage. On average, most retail traders lose money trading futures, so it requires solid strategy, risk management, and market knowledge to be successful.

9. Is crypto futures trading profitable?

Yes, but profitability depends on skill, discipline, and market conditions. High leverage increases both profit and losses.

10. What is the highest leverage available in crypto futures?

Platforms like BingX and MEXC offer leverage up to 200x, while most major exchanges cap it between 50x-125x.

11. Is futures trading legal in the US?

Yes, but only on regulated platforms like Coinbase Advanced. Many global exchanges restrict US users due to compliance rules.

12. What is the difference between perpetual and traditional futures?

Perpetuals have no expiry and use funding rates to anchor prices, while traditional (delivery) futures settle on a fixed date.

13. Which coins are best for future trading?

Bitcoin (BTC) and Ethereum (ETH) dominate due to high liquidity, stability, and deep futures markets.

14. What are the top decentralized perpetual futures trading platforms in 2025?

Projects like dYdX, GMX, and ApolloX stand out for decentralized perpetual trading with strong liquidity pools.

15. How can you use futures trading to profit in a bear market?

By opening short positions, traders can benefit when prices fall, provided they use risk tools like stop-loss orders.
About Author
About Author
Vignesh brings a decade’s worth of experience in tech journalism and crypto. He initially started out as a tech journalist, covering the latest trends. He's a crypto-native person who for the last last 5 years has been working exclusively only with crypto companies namely beincrypto and CCN. As a Former Senior Editor at Coingape, he ensured the highest quality of our articles with fact-checking, in-depth research, and other optimizations to provide valuable content for our readers.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.