Roo's All-In Giveaway, $300,000 in Prizes

Top Cryptocurrency Exchanges to Trade Crypto Derivatives

A derivative is a financial contract between two or more parties based on an underlying asset’s future price. Crypto derivatives are, therefore, tradable contracts between parties regarding the future of an underlying asset, which in most cases, is Bitcoin (BTC) or other top cryptocurrencies. Trading crypto derivatives enables traders to mitigate volatility-associated risks and hedge against potential losses in trading.   

In recent years, crypto-derivatives have grown in popularity. The enormous growth in crypto derivatives is largely attributed to the launch of bitcoin futures trading by the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME) at the end of 2017. 

There are various derivatives products in the crypto space, including Swaps, Futures, Forwards, Options, and Perpetual Futures. With the numerous derivative exchanges available in the crypto space, it can be daunting to choose an ideal exchange. Therefore, this piece will shed light on the nine best exchanges to trade crypto derivatives. 

Best Exchanges to Trade Crypto Derivatives


Binance is among the oldest and most reputable crypto trading exchanges. In addition to spot trading, Binance features margin and futures trading. Furthermore, the exchange supports derivative trading in the form of Binance Futures. 

It provides Perpetual Contracts with up to 125X and margin trading for BTC and altcoins with up to 1:3 leverage. Unfortunately, Binance is unavailable in certain countries, such as the U.S. The platform has a 24h volume of $15 476 568 375 with a daily turnover of 4 billion and allows settlement in cash. 

OKEx Exchange

OKEx exchange is a user-friendly crypto futures trading platform that fits both professional and novice traders’ needs. The exchange offers both bitcoin & cryptocurrency futures trading with live charts for enhanced market technical analysis.

OKEx is among the leading crypto exchanges regarding BTC futures, providing crypto derivative products beyond the traditional future. Out of the ten major cryptocurrency derivatives exchanges, OKEx offers the second-lowest swaps funding rate at an average of 0.0052%. 

The platform offers contract expirations daily, weekly, bi-weekly, monthly, quarterly, and bi-quarterly. This enables traders to execute diverse derivatives trading strategies.


Bitcoin Mercantile Exchange (BitMEX) supports crypto derivatives trading and accepts deposits and withdrawals in Bitcoin only. The exchange offers the next generation of Bitcoin trading products with up to 100x leverage on Bitcoin and high leverage on Altcoin contracts. 

BitMEX features an advanced API with a feature-rich trading dashboard with all the tools and charts needed to make a trading decision. In addition, the exchange employs the latest multi-factor security and risk management measures, including auto deleveraging capabilities and insurance funds, to keep users safe from price manipulation. 


Bybit is a user-friendly, intuitive, and smart platform for Perpetual Contract trading with up to 100x leverage. In addition, users can choose from many deposit options, including BTC, ETH, EOS, XRP, and even fiat currencies. 

Furthermore, the platform offers real-time market data, a customizable trading dashboard, reliable customer support, an insurance risk fund, and ADL for risk management. In addition, the Singapore-based exchange allows users to make deposits as low as $5 and start trading. 

Huobi Futures

Huobi Future is another excellent digital asset derivatives platform offering margin trading, spot markets, futures, etc. The platform offers a safe, professional, and efficient digital asset derivative trading service that meets professional crypto derivative investors’ needs. 

The exchange offers 5x leverage for spot trading and allows credit card payments. In addition, users are offered secure storage with dedicated multi-signature cold wallets, 24/7 security monitoring, and a dedicated 20 000 BTC Security Reserve Fund. 

Kraken Exchange

Kraken Exchange supports crypto futures trading with 50x leverage. The exchange also includes spot and margin trading. Users can easily transfer between Kraken Spot and Kraken Future markets. It’s one of the most secure crypto exchanges and offers relatively low trading fees. 

While the trading interface is flexible and intuitive, it’s not the best for novice traders. Traders can deposit and withdraw using a wide range of options such as SEPA, SWIFT, money wire, and domestic payment methods. In addition, Kraken Exchange boasts high liquidity, industry-leading security measures, and 24/7 live customer support. 


Founded in 2012, Bitfinex is the longest-running and most liquid major cryptocurrency exchange. In addition, the exchange supports the trading of derivatives contracts enabling traders to speculate on the price of an asset. 

The major supported perpetual contract on the platform is Bitcoin/Tether Perpetual Contract (BTCF: USTF). In addition to derivatives, Bitfinex allows margin trading of up to 5x leverage and offers traders access to a peer-to-peer lending market.


Crypto derivatives allow traders to predict the future prices of assets without purchasing the underlying asset itself today. This means that the trader does not have to spend as much to gain exposure to the market. 

The growing interest in crypto derivatives has seen the growth of crypto exchanges supporting derivative trading. The exchanges highlighted in this review are excellent if you’re looking for an ideal platform to trade crypto derivatives, including futures, swaps, forwards, options, and perpetual contracts.

Bitcoin live price
price change

Furthermore, the platform charges low trading fees and is very secure. As a result, trading crypto futures is very profitable, especially if you’ve got the right skills.  

Stay up to date with our latest articles

More posts

SMARDEX – A Platform with a New Solution to Defeat DeFi’s Impermanent Loss

The decentralized finance (DeFi) sector is rapidly growing but still faces significant challenges. For example, one of the biggest issues DeFi must address is Impermanent Loss (IL). This is a problem that can have serious consequences for liquidity providers. Today's review will examine how SMARDEX intends to solve the IL problem and end liquidity providers' unjust losses. We'll also look at all the services that SMARDEX offers and examine the project's tokenomics. What Is SMARDEX? SMARDEX is a project intending…

Decentralized Exchanges 2023: Which is the Best Crypto DEX to Trade on?

Market experts believe that the survival and growth of crypto largely depend on decentralization. The good news is that decentralized exchanges, or DEXs, have become highly popular, and the crypto market sees this as an opportunity to save the essence of traditional blockchain. Each decentralized exchange platform has the potential to revive and thrive crypto market. Moreover, each new DEX platform comes with its own set of features. There are several methods to use DEXs and make money.  Decentralized exchange…

Top Crypto Exchanges for Beginners in 2023

Investing in crypto is not as complex as most people think. So if you’re curious and optimistic about the rise of crypto, there is no reason to hold back and dive into it. Remember, it is normal for beginner investors to get caught in the cobweb of endless crypto exchanges. As a beginner investor, your objective should focus on the best crypto exchanges to make the right investment decisions. Whether it’s Bitcoin or Ethereum, cryptocurrencies remain at the forefront in…

What is the Best Cryptocurrency Exchange In The United States?

With multiple cryptocurrencies trading at all-time highs, you're looking for the quickest way to buy some digital assets. But where will you find willing sellers? The answer is on a crypto exchange. There are plenty available to Americans, but they may greatly vary in volume, available cryptos, and regulatory compliance. Today we'll cover three top US cryptocurrency exchanges you should consider for trading. However, first, we'll explain what a crypto exchange is and the main qualities to look for when…

Why Do Exchanges Freeze User’s Crypto Funds?

Try to picture this: you've finally mustered the courage to plunge into crypto. Everything is going right for you. You're mastering the hacks to optimize your investment and are looking forward to a fulfilling experience within the space. Then it happens. You log in to your account and find that you can't access it anymore, let alone transact in it. In a panic, you try customer support to no avail. Next, you can't help asking how you got here. Is it…

Uniswap vs. SushiSwap vs. PancakeSwap vs. MDEX

A quiet battle rages behind the scenes of the decentralized exchange (DEX) community. The recent surge in the decentralized finance (DeFi) sector has driven interest in DEXes to new heights. There are currently a variety of top-performing DEXes in the market. Each platform introduces new features and services based on its technical structure. Here are the differences between the four major contenders in the market - Uniswap vs. SushiSwap vs. PancakeSwap vs. MDEX. Uniswap Uniswap is the largest Ethereum Dapp…

3 Hybrid Crypto Exchanges (HEXs) Worth Trying Out in 2023

What do you do when you want the deep liquidity of centralized exchanges (CEXs) but require the security and confidentiality of decentralized exchanges (DEXs)? Some savvy developers from across the globe believe they have the answer - Hybrid Exchanges (HEXs). HEXs borrow aspects from both exchanges' styles to provide you with a unique combination of options not found elsewhere in the market. The HEX concept is still fled, but some platforms are beginning to emerge. These platforms incorporate features like…

Top 5 Crypto-to-Crypto Exchanges for Intermediate Traders

Finding the right crypto-to-crypto exchange is vital in progressing your trading strategy. Crypto-to-crypto exchanges offer users significant advantages in coin selection and ease of onboarding. In addition, many of these platforms don't support fiat currency trading pairs. As such, they don't require you to undergo intrusive KYC protocols. Nowadays, there are more crypto-to-crypto options in the market. Part of this increase in selection can be attributed to the rising popularity of DEXs (decentralized exchanges). Here are five options that have proven their…

The Best DeFi Exchanges – 2023 Edition

It's no secret that DeFi decentralized exchanges (DEX) are rising. These unique networks provide users with more security, lower fees, and limited privacy options on centralized options. In addition, deFi decentralized exchanges combine the benefits of a peer-to-peer non-custodial approach with the earning potential of DeFi (decentralized finance). For these reasons, they are now more popular than ever.  If you are new to the crypto space, DEXes, or DeFi, there is a lot to unpack. These networks are often less…

The Best Fiat-to-Crypto Exchanges for Beginners

To trade crypto, you must find a reliable and secure fiat-to-crypto trading platform. These exchanges differ from crypto-only platforms in their offerings, requirements, and, most importantly, their ability to convert fiat currency to crypto. In addition, fiat-to-crypto exchanges must adhere to strict regulatory requirements in most regions to accomplish this task. These requirements can make the signup process a bit more tedious and increase consumer protections. Today, fiat-to-crypto trading platforms are very popular. With so many options to choose between,…