Best Crypto Exchanges for Crypto Futures (Buying, Selling & Trading)

Cryptocurrency trading has seen a high level of growth in popularity due to the rise of cryptocurrencies such as Bitcoin, specifically the excitement surrounding its ups and downs. While trading cryptocurrencies can be intimidating at first, the best cryptocurrency exchanges and platforms can make buying, selling as well as trading cryptocurrencies very simple. 

There are multiple ways to invest in cryptocurrencies, and crypto futures has been one preferred option for trading experts because it provides investors with exposure to the cryptocurrency market without them needing to hold the underlying cryptocurrency. Let’s dive in and go over some of the best options you have if you’re interested in investing in crypto futures.

Top 3 Crypto Exchanges for Crypto Futures

Here, we will be going over the top three options in terms of cryptocurrency exchanges for crypto futures. Each of them is ranked based on their specific offerings as well as support for crypto futures trading, so hopefully, by the end of the list, you can make an educated decision.

#1 Binance

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Binance is a popular cryptocurrency exchange known for its low fees and offers futures crypto trading as an option. It supports a wide selection of cryptocurrency tokens and is accessible on a global scale. Binance also offers many other trading options, such as peer-to-peer trading, spot trading, and even margin trading. This is an exchange founded in 2017 by software developer Changpeng Zhao.

#2 Kraken

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Kraken is a cryptocurrency exchange that lets people engage in futures trading of a variety of different cryptocurrency tokens. It is one of the oldest exchanges out there and was originally founded in 2011 in San Francisco. The main points of appeal in regards to the Kraken cryptocurrency exchange are its simple user interface and its educational content, which can keep you up to date and teach you as much as possible about the tokens you intend on trading.

#3 FTX

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FTX is a cryptocurrency exchange that puts its main focus on trading and has a wide range of products, including futures, derivatives, options, and leveraged tokens. It has many features that experienced traders will find convenient but has a basic spot trading offering as well, which can appeal to newcomer traders as well. FTX is an exchange that was founded in 2019 by Sam Bankman-Fried and has grown a lot in popularity throughout its time on the market.

What is the best Crypto Exchange for futures?

The best cryptocurrency exchange through which you can engage in crypto futures is Binance. It was launched to enable traders to speculate on the price of Bitcoin and other popular altcoins and allows leverage trading up to 125x. Binance is highly reputable, and the maximum fee on Binance Futures is 0.04% on any trade, which can drop a lot lower, depending on the trading volume.

Which Crypto Exchanges have futures trading?

Binance, Kraken, and FTX are the top three cryptocurrency exchanges that offer futures trading. Keep in mind that there are also other exchange options out there, so make sure to do your research prior to deciding on which one you will end up using.

What are Crypto futures?

A futures contract within the cryptocurrency industry is an obligation to buy and sell an asset at some date in the future. This is a contract that can be financially settled, meaning that investors are only responsible for their financial gains or losses. 

In other words, crypto futures enable investors to gain exposure to the cryptocurrency market without actually holding the underlying cryptocurrency. All these investors need to do is speculate on the cryptocurrency’s future price and profit if they guess right, even if the token in question drops in value.

Should you trade Crypto futures?

Crypto futures will allow investors to speculate on the future price of the specific cryptocurrency token in question. The answer to this question will depend on your individual risk appetite regarding trading crypto. Working with crypto future certainly is more risky than just holding and buying. Especially for beginners. Also, it depends on if you actually want to own the cryptocurrency tokens directly or are just happy by speculating on their value.

Summary

If trading crypto futures seems like an option that you would like to pursue as a cryptocurrency investor, then hopefully these options prove to be more than suitable for your specific requirements. Again, ensure that you do a lot of research prior to trading cryptocurrencies in any way for the most optimal results.