Best Crypto Exchanges for Derivatives: Top Trading Platforms for Cryptocurrency Derivates

Crypto derivatives exchanges are currently one of the most sought-after options within the cryptocurrency space. Suppose you are a cryptocurrency trader interested in pursuing crypto derivatives as your preferred trading option for your strategy. In that case, you will need to find a suitable cryptocurrency exchange that can facilitate all of your trades with ease.

Today, we will be taking a deeper dive into the top 3 exchanges for crypto derivatives, so you can have an easier time deciding on which option works best for your specific needs.

Top 3 Exchanges for Crypto Derivatives

In the list below, you will be able to find the best exchanges for crypto derivatives, all of which are ranked based on their specific offerings in this regard. Hopefully, by the end of the list, you will have a heightened perspective on what each offers and which option is most suitable for your specific needs.

#1 Binance

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Binance is a cryptocurrency exchange that was founded in 2017; however, since its time on the market, it has managed to grow in popularity on a tremendous scale. It’s offering, known as Binance Futures, supports the trading of crypto derivatives and supports up to 125x leverage. This is an exceptional option for newcomers due to the fact that it has a reputation for having some of the lowest fees out of any exchange, with the maximum fee being at 0.04%. 

#2 Kraken

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Kraken is a cryptocurrency spot, margin, and futures exchange platform which is based in the US and offers users access to hundreds of cryptocurrencies. It offers derivatives trading and supports a variety of different FIAT currencies, such as USD, EUR, CAD, GBP, AUD, and others, which can be exceptional to see for newcomers who might just be starting with crypto derivatives trading for the very first time throughout their trading careers. Kraken is also one of the oldest and most well-established exchanges, originally founded in 2011.

#3 FTX

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FTX is a cryptocurrency exchange offering that was founded in 2019 by Sam Bankman-Fried. The main way through which it initially grew in popularity was due to the fact that it offered industry-first derivatives as well as a lengthy variety of volatility products. As such, FTX aims to be a solid platform that’s intuitive enough for just about anyone to be able to use and understand while also offering solid features for anyone interested in going the extra distance with derivatives trading.

What is the best crypto exchange for Derivatives?

The best cryptocurrency exchange for derivatives trading in terms of cryptocurrencies is Binance. It allows leverage trading up to 125x and has a maximum fee of 0.04% for derivatives trading on any trade, which can decrease the higher the trading volume increases for a specific account.

Which crypto exchanges have Derivatives?

Currently, the top three cryptocurrency exchanges which offer derivatives trading include Binance, Kraken, and FTX. Keep in mind that there are many other cryptocurrency exchanges or brokerage offerings out there which will enable you to trade derivatives, so ensure that you do your due diligence prior to making a decision.

What are Crypto Derivatives?

Suppose you do not want to own cryptocurrencies directly. In that case, an alternative way to engage in the crypto market and gain exposure to a specific cryptocurrency token is by owning a derivative or synthetic product. This derivative product essentially changes based on the price of the underlying asset. Within the crypto space, you can think of a Bitcoin derivative, for example, where the underlying asset is Bitcoin, and its value impacts it. 

Since this derivative is not a real cryptocurrency token, the investor will not be able to send or trade the token on the blockchain. This means that the derivatives have to remain in control of the cryptocurrency exchange that has issued them. 

However, the main benefit here is that with derivatives you can trade a much higher amount of the underlying asset than you could by buying it directly. Additionally, for investors who have restrictions on what they can invest in, derivatives might be a more accessible option to them when compared to the direct ownership of cryptocurrencies.


Hopefully, now you have a much broader perspective as to what crypto derivatives are, how they work, and which exchange offers you the most solid choices in terms of trading them. Remember to always do your own research and never rush into cryptocurrency investing of any kind.