Want to capitalize on $ETH without owning the asset? The best Ethereum futures platforms allow you to do just that, with added benefits like risk management tools to simplify trading.
Most of us want a slice of Ethereum. However, $ETH’s hefty entry price ($2.6K+) makes it unaffordable for low-key investors.
This is where the best $ETH futures exchanges step in to offer a flexible way to trade $ETH and profit from price movements, regardless of the size of your crypto bag and whether $ETH goes up or down.
To this end, MEXC, OKX, BloFin, and Binance rank high on our list for their generous leverage options, low futures fees, and deep liquidity. Let’s unwrap how they help you trade $ETH futures with ease.
The Best Ethereum Futures Platforms at a Glance
Before we crack open their perks, here’s a quick overview of the best Ethereum futures trading platforms:
- CoinFutures – Simulated Crypto Predicting Platform with up to 1000x Leverage
- MEXC — Up to 500x Leverage on ETH/USDT & Zero Makers Fees
- OKX — Feature-Rich Technical Analysis Tools Powered by TradingView
- BloFin — ETH/USDT Perpetuals with Real-Time Data & Deep Liquidity
- Binance — $ETH Returns With Arbitrage Bots & Futures Grid Tools
- ByBit — ‘Smart Leverage’ to Trade $ETH with 200x Exposure & No Liquidation
- BingX — Zero Slippage Trading on $ETH Perpetual & Standard Futures Contracts
The Best Ethereum Platforms for Futures in 2025 Reviewed
Now that you know what makes our best Ethereum futures platforms shine bright, let’s break down their benefits.
1. CoinFutures – Simulated Crypto Predicting Platform with up to 1000x Leverage
CoinFutures offers you an engaging way to profit from the performance of particular crypto assets without needing to own them directly. It’s a crypto futures platform that lets you predict the price movements of cryptocurrencies like Ethereum in real-time.
Its gamified approach eliminates the complexity of crypto trading. You no longer need to navigate complicated trading tools like exchanges and crypto wallets.
To start trading, simply create your account on the CoinFutures website and download the app for free on Windows, Mac, and Android devices.
As a No-KYC platform, your anonymity and privacy are guaranteed, and you can trade from anywhere in the world.
Funding your account is easy, whether you’re using crypto to fiat. Accepted cryptos include $USDT, $BTC, $ETH, $USDC, $BNB, and $SOL, while fiat can be paid through Apple Pay, Google Pay, and PIX.
CoinFutures is a relatively new platform supporting popular assets like $ETH, $BTC, $DOGE, $TRX, and $LTC, with plans to include others in the future. This makes it a solid starting point for traders looking to speculate on crypto price fluctuations on major coins like Bitcoin and Ethereum.
CoinFuture’s approach to fees gives you more control over how you are charged.
For example, you can choose between a PnL fee or a flat fee.
- PnL is a structure that requires you to pay a small percentage of your profits only, usually around 5%, with an additional 0.5% being charged every hour your bet is open after the first hour. If your wager is not profitable, you don’t have to pay.
- The flat fee is very straightforward. You pay between 1% and 3% per wager, depending on the multiplier, regardless of whether the bet is profitable. To make things easier, CoinFutures has tools to calculate the required fee per wager.
Notably, CoinFutures offers up to 1000x leverage on your predictions. This gives you more exposure to the market, potentially amplifying gains. However, leverage is a double-edged sword and can just as easily lead to significant losses.
Perpetual Futures Available | ✅ |
Leverage | Up to 1000x |
KYC | ❌ |
Futures Fees | PnL: 5% plus 0.5% per hour after the first hour Flat Fee: Between 1% & 3% per bet |
Futures Trading Pairs | $ETH, $BTC, $DOGE, $TRX, and $LTC |
Locations Supported | Worldwide, excluding the UK and US |
2. MEXC – Up to 500x Leverage on ETH/USDT & Zero Makers Fees
As one of the best futures trading platforms for Ethereum, MEXC lets you trade $ETH perpetual futures flexibly, against either $USDT, $USDC, or $USD. Maker fees are cost-free, while taker fees are just 0.020% — among the most competitive you’ll find.
We also like that you can easily up your leverage on the select trading pairs with a sleek and straightforward leverage slider. For ETH/USDT, leverage can go up to 500x. When paired against $USDC and $USD, the maximum leverage is 125x.
All $ETH futures contracts on MEXC are perpetual, which means they’ll never expire — you can hold them for as long as you wish. That’s assuming that you don’t get liquidated and keep enough margin (collateral), of course.
When trading futures on MEXC, you’ll notice the asset price and order book in the background, which shows real-time trading data and volume.
You can literally watch market behavior unfold before your eyes. By watching trading changes step-by-step, you can ensure prices aren’t being manipulated.
You can also make necessary adjustments right away; even tiny delays can cause significant losses.
If you want to trade other assets, you’ll be happy to know that MEXC supports 600+ futures trading pairs, 90% of which have top-notch liquidity.
As for flexibility and risk management, MEXC gives you cross margin and isolated margin options when futures trading. This way, you can manage risk based on your trading strategy, for example, by sharing margin across positions or limiting risk to a single trade.
Moreover, MEXC allows for both long and short positions, so you can profit in both rising and falling markets. Go long if you anticipate $ETH going up, or sell short if you predict a price drop.
Suppose you’re worried about your digital footprint being traced. Don’t worry — you won’t have to complete KYC verification unless you want to withdraw more than 10 $BTC (which amounts to over $1M, at the time of writing).
Perpetual Futures Available | ✅ |
Leverage | Up to 500x |
KYC | ❌ |
Futures Fees | 0% makers 0.020% takers |
Futures Trading Pairs | 600+ |
Locations Supported | Worldwide, excluding the UK, US, Canada, Mainland China, Hong Kong, Iran, North Korea, Cuba, Sudan, Syria, and Singapore. |
3. OKX – Feature-Rich Technical Analysis Tools Powered by TradingView
OKX has a comprehensive toolset for trading $ETH futures, catering to both seasoned derivatives traders and those relatively new to the game.
Placing futures orders on OKX is straightforward, thanks to the clearly labeled and accessible TP/SL orders, which you can use just by ticking a box. Leverage adjustments also go up to 100x.
If you plan to diversify your crypto portfolio beyond $ETH, you’ll also be happy to know that OKX supports over 430 trading pairs, including pairs for BTC/USDT, SOL/USDT, and even meme cryptos like BONK/USDT.
Moreover, the platform’s charting tools, powered by TradingView, let you use a variety of technical indicators (like Donchian Channels) and customization options (like custom signals and alerts) directly within the trading window.
They enable you to make more data-driven decisions based on accurate, live information without having to switch between platforms.
The futures fees are relatively high compared to competitors (particularly MEXC, which has zero maker fees). For regular users, maker fees on OKX are 0.080%, whereas taker fees are 0.100%. However, you can get tiered discounts for regular, high-volume trading.
For instance, if your 30-day volume surpasses $10M, your fees drop to 0.040% (maker) and 0.045% (taker).
Security-conscious traders will also appreciate that OKX maintains a 1:1 reserve of all account assets and posts periodical updates with proof of reserves.
As of May 10, 2025, OKX has 100% reserve ratios for 22 major cryptocurrencies, including Bitcoin, stablecoins, and several other altcoins beyond Ethereum.
This ensures full transparency and guarantees that your funds are always available, even during high volatility or unexpected events.
The CEX also holds most of its assets in completely offline cold wallets to protect them from online attacks.
Perpetual Futures Available | ✅ |
Leverage | 100x |
KYC | ✅ |
Futures Fees | Depends on your 30-day trading volume. |
Futures Trading Pairs | 430+ |
Locations Supported | Worldwide, excluding the UK, Canada, Malaysia, Singapore, the Bahamas, and Mainland China. |
4. BloFin – ETH/USDT Perpetuals with Real-Time Data & Deep Liquidity
BloFin is another fantastic option and one of the best ethereum futures exchanges, offering ETH/USDT perpetual contracts with leverage up to 150x. Moreover, futures maker fees are just 0.02%, and taker fees are 0.06%.
As for convenience, the CEX’s real-time data graphs and detailed order book showing liquidity depth make it a viable option for traders who value clarity.
Adding technical analysis tools, like moving average (MA) and the stochastic oscillator, adds an extra bonus for those who rely on market signals.
BloFin’s real-time charts help you react quickly to market movements when long vs. short selling. Meanwhile, the depth-of-market data reveals currency liquidity to help gauge market sentiment.
Plus, its comprehensive trading tools support strategies spanning basic spot traders to advanced leverage positions.
But don’t let the comprehensive features intimidate you. The interface and tools are designed for ease of use, making BloFin a popular choice for both newcomers and experienced traders.
Suppose you need a helping hand getting started. Well, you can use automated futures trading bots that help you execute trades without manual intervention.
The TWAP bot, for instance, splits larger orders into smaller chunks and places them at fixed time intervals to beat the average price over the execution period. This makes it a useful tool for avoiding sudden price movements when trading large amounts.
The Signal Bot is handy for automating rule-based trading strategies. It triggers buy/sell orders when a given technical indicator hits your pre-set threshold, like the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD).
If you want to mix up your trading positions beyond $ETH, BloFin supports over 470 $USDT futures trading pairs, including even lower-cap coins like $SPX and $OP.
And it wouldn’t be among the best $ETH futures platforms if it didn’t let you choose between cross and isolated modes to manage exposure and control risks.
But what truly sets it apart is that you can trade across eight order types, which gives you a lot more flexibility. Your options include not only basic market, limit, trigger, and TP/SL orders, but also trailing stop, reverse, advanced limit, and WRAP orders.
BloFin is notably one of the best no-KYC crypto exchanges. You can withdraw up to 20K $USDT and partake in most activities on the exchange without verifying your personal information or providing proof of address.
Perpetual Futures Available | ✅ |
Leverage | Up to 150x |
KYC | ❌ |
Futures Fees | 0.02% makers 0.06% takers |
Futures Trading Pairs | 470+ |
Locations Supported | Worldwide, excluding the US, Canada, India, Russia, Venezuela, Singapore, North Korea, China, Iraq, Iran, Afghanistan, Bangladesh, and Belarus. |
5. Binance – $ETH Returns With Arbitrage Bots & Futures Grid Tools
As the world’s largest crypto exchange, Binance is another great option if you’re pondering where to trade Ethereum futures.
Here, you can futures trade $ETH against either $USDT, $USDC, or $USD, depending on the contract you pick. Your choices include:
- $USDT and $USDC perpetuals (no expiry date),
- $USDT delivery (set expiry),
- $USD-settled delivery and perpetuals.
If you need a helping hand, the platform also has several automated trading bots available for $ETH futures trading.
The Arbitrage Bot looks at price gaps between $ETH futures and spot markets to exploit for lower-risk spread opportunities.
The Futures Grid automates buying low and selling high within a set price range — an excellent option for sideways markets.
Recently, the Futures Grid also launched a trailing down feature to help you further boost profit potential. It aims to achieve this by enabling you to reposition your orders in response to falling prices.
Depending on which trading pair you pick (over 1.5K available), leverage can go as high as 125x. Thanks to this, you can control a sizable $12.5K investment starting at just $100.
To minimize risks related to loss and liquidation, you can select either cross or isolated margin modes.
Regarding costs, Binance has a competitive fee structure based on your 30-day volume. This makes it one of the best Ethereum futures trading platforms for active traders — the more you trade, the lower the fees.
You can also save 25% on fees by purchasing its native token, $BNB.
A boon for frequent investors is that futures contracts are settled daily through mark-to-market. With this quick snapshot of your gains and losses, you can stay in control and adjust your trading strategy if necessary.
Perpetual Futures Available | ✅ |
Leverage | Up to 125x |
KYC | ✅ |
Futures Fees | Varies depending on 30-day trading activity. |
Futures Trading Pairs | 1.5K+ |
Locations Supported | Worldwide, excluding Canada, the UK, Netherlands, Belgium, the Philippines, and India. |
6. ByBit – ‘Smart Leverage’ to Trade $ETH with 200x Exposure & No Liquidation
ByBit is another good option for trading ETH/USDT perpetuals without worrying about expiry dates. The platform is also the world’s second-largest CEX, trusted by over 70M users, so you know you’ll be in good hands.
One unique thing setting ByBit apart is its useful ‘Smart Leverage’ tool — great for trading $ETH futures long or short with up to 200x leverage. Best of all, Smart Leverage shields all investments from liquidation between entry and settlement.
This way, even sharp price swings won’t prematurely close your position.
Another bonus of this tool is that it offers flexible redemption. So, if necessary, you can exit your position early to lock in profits or minimize losses on your terms.
Suppose you invest 5K $USDT in a long position on ETH/USDT, with 200x leverage at $1.7K. Typically, even a 0.5% dip could trigger liquidation. But with Smart Leverage, your position stays open.
This makes ByBit one of the best $ETH futures exchanges for new and veteran traders seeking low-risk exposure.
If wanting to branch away from $ETH, the Smart Leverage tool also works with 11 other crypto pairs, including $BTC, $BNB, $DOGE, and $SOL. Beyond Smart Leverage, the exchange supports over 574 $USDT perpetual futures trading pairs in total.
If you’re new to crypto trading, the platform has a great demo trading tool that’s worth checking out. With this, you can try futures trading without spending your capital, potentially minimizing risks once you actively trade with more experience.
On the other hand, if you’re a seasoned trader, you might find the conditional orders more up your alley. They allow you to set up automated trades when certain market conditions are met; it’s handy for timing entries or exits without watching trades 24/7.
At the VIP 0 level, perpetual futures trading fees start at 0.0550% for takers and 0.0200% for makers. However, if your monthly trading volume increases, you’ll move up VIP brackets and receive lower fees.
The lowest perpetual futures trading fees are available to Pro 6 tier users: 0.180% for takers and zero for makers.
Whether you’re just getting started or already trading at scale, ByBit has the tools, leverage, and flexibility to help you make smart investment choices and stay in control, regardless of market volatility or direction.
Perpetual Futures Available | ✅ |
Leverage | Up to 200x |
KYC | ❌ |
Futures Fees | Depends on your monthly trading volume. Starts at 0.0200% for makers and 0.0550% for takers. |
Futures Trading Pairs | 570+ |
Locations Supported | Worldwide, excluding the US, Hong Kong, Singapore, Canada, France, the UK, North Korea, Cuba, Iran, Uzbekistan, Sudan, and Syria. |
7. BingX – Zero Slippage Trading on $ETH Perpetual & Standard Futures Contracts
BingX is another one of the best $ETH futures platforms for those interested in flexible derivatives. It offers both perpetual and standard futures contracts, letting you navigate the market on either long or short positions with any setup.
It also offers a broad range of diversified futures products, including the most popular and newly listed $ETH trading pairs and beyond. In fact, BingX supports over 500 trading pairs, so you can explore hundreds of assets with high profit potential.
One major stand-out perk of BingX is its zero slippage guarantee for trigger and stop loss orders, which ensures that trades are executed at the exact expected price. With such precision, you can rest easy when placing large or time-sensitive orders.
Moreover, BingX supports flexible capital management by allowing you to use your assets under ‘BingX Wealth’ as futures margins. This makes for more flexible and efficient trading, without tying up extra capital.
Regarding execution, the CEX also delivers smarter trading options, deep liquidity, and stable futures performance. This creates a smooth and seamless trading environment even during volatile market swings.
It also emphasizes fair and transparent trades, thanks to a unique dual-price mechanism, which uses both the mark price and the last traded price to determine liquidation. Thanks to this, you’ll enjoy higher stability and be shielded from sudden price spikes and unfair liquidation.
You can also maximize investment returns with 125x leverage. Add to this the low future fees (0.02% maker and 0.05% taker), and you can stack gains while controlling costs.
This makes it a cheaper option than ByBit, OKX, and Binance, unless your 30-day volume is ultra-high.
The competitive fees also make BingX a cost-effective option for active or large-volume traders. When trading standard futures, you’ll be charged a set fee of 0.045% upon closing a position.
Furthermore, the platform’s trading tools give you a competitive edge. The copy trading bot allows you to copy professional traders’ strategies — perfect if you’re new, short on time, or looking to learn from the pros.
There’s also a regular trading bot for automating trades around the clock to scoop up additional potential profit.
Perpetual Futures Available | ✅ |
Leverage | Up to 125x |
KYC | ❌ |
Futures Fees | 0.02% makers 0.05% takers |
Futures Trading Pairs | 500+ |
Locations Supported | Worldwide, excluding Canada, Mainland China, Hong Kong SAR, Macau SAR, the Netherlands, Singapore, the US, and the UK. |
How Does Ethereum Futures Trading Work?
Ethereum futures trading lets you hedge risks or amplify returns by speculating on $ETH’s future price without owning the asset.
Say you anticipate $ETH’s price dropping. You can open a short futures position. This means entering a contract to sell $ETH at today’s higher price, then settling the contract after the price drops. In other words, you can buy the asset back for cheaper, and keep the difference as profit.
If you anticipate a price surge instead, you can go long by opening a futures $ETH contract with the expectation that its price will rise. Then, you can close the position later at a higher price and profit from the difference.
The best $ETH futures platforms — like MEXC and OKX — let you do both, allowing you to profit whether Ethereum goes up or down.
Depending on your trading needs, you might want to consider perpetual trading for short-term trades. They’re best for if you want to follow quick market trends and expert traders using bots.
Meanwhile, delivery trading is best for long-term positions with a pre-defined date, ideal if you want to hedge against future price movements.
Futures trading also often lets you trade with leverage, so you can open a big position with minimal capital. For example, you can start with just $1K in funds, add 100x leverage, and end up trading $100K worth of $ETH like a crypto whale.
This combination of flexibility, leverage, and diverse trading strategies makes $ETH futures attractive for many crypto traders who want to capitalize on the second-largest cryptocurrency.
Should I Trade Ethereum Futures? Benefits & Risks
While futures trading certainly has its perks, it’s not without risks. To decide whether you should trade $ETH futures, it’s worth weighing both the pros and the cons, so here’s what to remember.
Benefits of Trading Ethereum Futures
- Boosts potential profits with less initial capital thanks to added leverage.
- You can profit whether $ETH goes up or down by going long or short.
- Protects your $ETH holdings by hedging against price drops.
- No need to own $ETH to trade, as contracts are typically settled in $USDT.
- Often offers advanced trading tools for risk management and faster execution.
Risks of Trading Ethereum Futures
- Small price movements can liquidate your position, which magnifies losses.
- Large investors can trigger stop-losses by causing sudden, artificial price moves.
- Your position gets closed if your margin balance falls below the maintenance level.
- Misunderstanding leverage, margin, and orders can mean costly mistakes for beginners.
How to Find the Best $ETH Futures Platform
Finding the best $ETH futures platform depends on your trading goals, experience level, and priorities. Here are some of the main factors to consider when looking for where to trade futures:
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- Trading features and tools: Look for platforms with high-tech features like grid bots, copy trading, and AI-powered automations. They can help you save time and enter and exit trades more effectively.
- Fees: Be mindful of the platform’s maker/taker fees, funding rates, and hidden costs, and select the ones with the competitive fees to maximize your profit potential.
- Ease of use: Stick to platforms with intuitive and user-friendly interfaces, fast order execution, and straightforward navigation. This way, you’ll be able to operate efficiently, even as a newcomer.
- Security and trust: Always pick the best crypto exchanges with extensive security features like 2FA, cold storage, and proof-of-reserves. This shows they protect your assets, are transparent, and reduce the likelihood of lost funds and mismanagement.
- High liquidity: Use crypto aggregators (like CoinMarketCap) to track real-time data across exchanges and identify the top liquidity platforms. Additionally, when checking exchanges, look for tight bid/ask spreads and low price impact for large orders.
- Range of futures products: You don’t have to limit yourself to just one trading option. Look for exchanges with both standard and perpetual futures. See if you can choose between isolated or cross margins. Bonus points for demo trading and futures bots.
Our recommended platforms are based on a review of all of the above factors. By evaluating each platform holistically, we aim to provide reliable, trustworthy insights and help you find the best platform for Ethereum futures trading to suit your needs.
How to Trade Ethereum Futures with Minimal Risk
Futures trading $ETH can be significantly rewarding but is also a high-risk venture. These tips can minimize financial loss and help you trade more confidently and effectively.
1. Choose a Trusted & Regulated Exchange
The best Ethereum exchange for futures trading should be trustworthy, transparent, and preferably regulated, especially if you’re trading from regions with strict compliance requirements like the US or EU (especially since the MiCa requirements came into play).
Look for platforms that implement robust security protocols like 2FA, cold storage (to keep assets offline, away from online security threats), and insurance coverage for added protection.
OKX, for instance, has 1:1 reserves to ensure all assets are fully backed and can be withdrawn at any time, which promotes transparency and trust.
2. Start with Low Leverage
Although leverage lets you trade large with just a little capital, it also increases your risk. At 500x leverage, even a 0.25% price swing could wipe out your position.
If you’re new to futures trading, you should start small with around 5x leverage, or even less, while learning the ropes to limit your downside risk. This way, you won’t risk a huge chunk of your capital.
3. Grasp Margin Requirements & Liquidation Risks
All futures trades require initial and maintenance margins. The former is the minimum amount of capital you need to open a trade. The latter is the least amount you must maintain to keep your position open.
If your trade goes against you and your margin falls below the maintenance level, your position will be liquidated.
Different platforms have different liquidation thresholds, so make sure you understand them before opening trades. If worried about liquidation risks, ByBit might be your best option; its Smart Leverage tool prevents the risk of full liquidation.
4. Look for Funding Rates & Fees
When trading perpetual futures, you’ll often pay or receive a funding fee that’s exchanged between long and short traders to keep the contract price aligned with the spot price. If you hold a position for a long while, these fees can add up, especially on high-leverage trades.
Fees also vary depending on whether you’re a maker (placing an order that adds liquidity, usually a limit order) or a taker (executing an order that removes liquidity, like a market order).
Maker fees are often lower than taker fees because they add liquidity to the order book, which helps the exchange maintain an active market.
If you’re an active trader, you must watch out for fees because if they’re high, they can significantly reduce your returns over time.
5. Follow Market Trends
Because crypto is now deeply ingrained in both DeFi and TradFi markets, their prices can be heavily influenced by news events, on-chain data, macroeconomic indicators, and regulatory announcements.
An excellent example is when President Donald Trump announced a 90-day pause on tariffs for 75 countries. After doing so, $BTC surged above $80K and catapulted $DOGE, one of the best meme coins.
So, it’s important to monitor various data sources and real-world developments that could potentially influence the crypto market. Then, change your trading strategy accordingly.
6. Never Trade Emotionally
Before entering any trade, you should have a plan, such as your entry point, stop-loss level, take-profit target, and reason behind the trade. The worst thing you can do is deviate based on your emotions during that time and ‘gut feelings,’ as it often leads to bad timing and loss.
Also, trading while tired, emotionally drained, or overstimulated from a winning streak. This could sway your perspective and influence your decision-making.
Wait until you’re back to baseline and have a handle on current market dynamics before committing capital.
Final Thoughts on $ETH Futures Platforms
Picking the best Ethereum futures trading platform for you depends on your preferences and investment goals.
If you want to save on maker and taker fees, MEXC is a top choice. And if you want to trade with the highest leverage, CoinFutures wins with 1000x leverage on ETH/USDT.
Suppose you rely heavily on technical analysis instead. In that case, you might be most attracted to OKX. Its charts and indicators are powered by TradingView – a powerful charting platform trusted by millions of investors to analyze financial markets.
This is educational content and not financial advice. You must always do your own research before you join a crypto platform and make investments.
FAQs
1. Where can I trade Ethereum futures?
You can trade Ethereum futures on many crypto exchanges (like MEXC and OKX). Beyond speculating on Ethereum’s price, such platforms let you maximize gains with leverage. Also, they often offer user-friendly tools like a demo and copy trading so you can learn the ropes of trading strategies before entering real trades.
2. Which platform is best for Ethereum futures?
MEXC is among the best Ethereum futures exchanges thanks to its ultra-low fees (including zero maker fees), 500x leverage on ETH/USDT, and user-friendly interface. You can also trade $ETH against $USDC or $USDC with leverage up to 125x, enjoying flexibility and efficiency. CoinFutures tops our list for degen traders looking for anonymity and high leverage.
3. Is trading Ethereum futures profitable?
Yes, trading Ethereum futures can be highly profitable, but it all boils down to your strategy, risk management, and market conditions. Because $ETH’s price swings often, this creates opportunities to profit in both rising and falling markets. However, if you up the stakes with high leverage, even a 0.2% move in the wrong direction could wipe out your entire position and eat into your profits.
4. Can I trade Ethereum futures in the US?
Yes, you can futures trade in the US. It’s legal and regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). However, not all crypto exchanges support the US because of the country’s traditionally strict oversight. Regulations have been easing since January 2025, though. We’re now seeing more exchanges, like OKX, entering the US.