Best Crypto Futures Exchanges in 2024

Summary: Crypto futures trading offers a way to speculate on cryptocurrency price movements without direct asset ownership, serving as a profit opportunity and a hedge against price fluctuations. Selecting exchanges with security and compliance is vital.

Best Cryptocurrency Futures Trading Platforms Ranked

1) Binance -Top Crypto Futures Exchange – Lowest Trading Fees

2) Bybit – Top Crypto Derivatives Platform

3) Kucoin - Best for low fees crypto futures trading

Best Crypto Futures Exchanges in 2024

1) Binance

Binance Referral Link : https://www.binance.com/en/futures/ref?code=39235633

Binance Futures Referral Code 2024: 39235633

Binance Futures Referral Bonus: $600 Sign-Up Bonus Vouchers + 10% Discount on futures trading fees(this is the maximum for a futures account)!

2)Bybit

Bybit Referral: https://partner.bybit.com/b/62044

Bybit Referral Code: 62044

Bybit Referral Bonus : Up to $30.000 Sign-up Bonus Vouchers

3)Kucoin

Kucoin Referral: https://www.kucoin.com/r/af/QBSLWPXZ

Kucoin Referral Code: QBSLWPXZ

Kucoin Referral Bonus : 20% trading discount + 700 USDT Worth of Rewards!

List of top 3 derivative trading exchanges

1)Binance Futures: Leading the Way in Crypto Futures Trading

Product Offerings: Binance Futures offers an extensive range of futures contracts, including USDT-margined futures with up to 125x leverage and coin-margined futures, allowing traders to go long or short on a variety of cryptocurrencies.

Fees: Binance employs a tiered fee structure based on 30-day trading volume or 24-hour Binance Coin (BNB) holdings. It is known for having relatively low trading fees compared to many competitors.

User Experience: Binance is renowned for its comprehensive trading tools, advanced charting options, and a user-friendly interface suitable for both beginners and experienced traders.

2) Bybit: Seamless and Reliable Crypto Futures Trading Experience

Product Offerings: Bybit provides a solid range of perpetual and futures contracts for major cryptocurrencies with up to 100x leverage. It's known for its no-overload policy, ensuring a smooth trading experience even during volatile market conditions.

Fees: Bybit uses a maker-taker fee model, offering competitive rates that are attractive to high-volume traders. It also offers mutual insurance to hedge against potential losses.

User Experience: The platform is praised for its intuitive design, making it accessible for new traders while still offering the depth required by professionals. Bybit also has excellent customer support available 24/7.

3) Kucoin Futures: Diverse Trading Options with User-Centric Design

Product Offerings: Kucoin Futures supports a wide array of futures contracts, including USDT-margined and coin-margined options, with leverage up to 100x. It offers both perpetual contracts and fixed-date futures.

Fees: Kucoin Futures offers competitive trading fees that decrease with higher VIP levels, based on trading volume or Kucoin token (KCS) holdings. It also has a maker-taker fee model similar to other platforms.

User Experience: Kucoin provides a user-friendly trading experience with a clean interface, comprehensive charting tools, and a mobile app for trading on the go. However, its platform might feel slightly overwhelming to absolute beginners.

What is a Crypto Derivative Exchange?

A Crypto Derivative Exchange is an online platform where traders can buy and sell crypto derivatives, such as futures, options, and perpetual contracts, tied to the value of cryptocurrencies. Unlike traditional cryptocurrency exchanges that deal with the actual buying and selling of digital currencies like Bitcoin and Ethereum, a derivatives exchange allows users to trade contracts that derive their value from the performance of these cryptocurrencies.