• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
  • Spin & WinTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
  • Spin & WinTry
No Result
View All Result
NewsBTC
No Result
View All Result
exchanges, crypto derivatives
Nexo Logo

Top 5 Crypto Derivatives Exchange in 2020

Thomas Delahunty by Thomas Delahunty
2 years ago
in Bitcoin, Cryptocurrency news
Reading Time: 6 mins read
Advertisement

Crypto derivatives are now among the most common financial products on any cryptocurrency exchange or trading platform, thanks to increased interest among the trading community. Trading crypto derivatives has its own advantages as it allows users to mitigate volatility-associated risks and hedge against potential losses.

There are various derivatives products that include Swaps, Futures, Forwards, Options and Perpetual Futures. With the right skills, on the right platform, traders can make the best out of these instruments and earn a small fortune in the process. However, finding the right platform is the key.

If one were to list five of the best crypto derivatives exchanges in the market, they would be:

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!
Platform binance ftx c-trade bitmex bybit
Rating rating rating rating rating rating
Leverage Up to 125x Up to 101x Up to 150x Up to 100x Up to 100x
Withdrawal Process Under 30 minutes Fast, without definite time Fast, approved in minutes Processed once a day Processed 3 times a day
Welcome Bonus N/A N/A Up to $200 N/A Up to $90
Security of funds Combination of multi-sig cold wallet and hot wallet Combination of multi-sig cold wallet and hot wallet Combination of multi-sig cold wallet and hot wallet Multi-sig cold wallet only Multi-sig cold wallet only
Daily Turnover 4 billion 500 million 7 million 1 billion 700 million
Support Live chat & Email Email only Live chat & Email Email only Live Chat & Email

Binance

binance

 

Taking the top spot on the list is Binance Futures, which leads the rest when it comes to 24-hour volumes. While it is popular for the spot trading feature, it also features margin and futures trading. Being one of the relatively older and a reputable crypto platform, trading on Binance is a straightforward process. It offers Perpetual Contracts with leverage of up to 125X and is found to be ideal for shorting Bitcoin and other cryptos without having to maintain a large BTC deposit in the user’s account.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Traders can also benefit from the margin trading feature for BTC and altcoins with up to 1:3 leverage. Binance Futures generally has a low fee structure, supports more than 200 altcoins, and also offers an option to trade limited volumes anonymously. However, the platform is not available in certain geographies, including the USA, and doesn’t support fiat payments.

FTX

 

ftx

FTX is a crypto derivatives trading platform that is designed by a bunch of traders with Wall Street experience. A relatively new platform, it offers a range of innovative trading instruments like Perpetual Futures, crypto indices, volatility contracts and more. In addition, it also has special FTX leveraged tokens that are ERC-20 tokens for leveraged exposure to crypto markets without many specifics.

Available in 14 different languages, the platform supports over 30 cryptocurrencies and some of the leading fiat currencies without any deposit or withdrawal charges. On the platform, traders can obtain leverage of up to 101x while paying some of the industry’s lowest trading fees at 0.07%. FTX also implements some of the standard security features including the latest encryption, 2FA and more.

However, being a relatively new trading platform FTX is yet to gain a reputation in the market and expand to more geographies.

C-Trade

 

A relatively new, next-generation crypto derivatives trading platform, C-Trade has quickly risen in the market and aims to become a crypto derivatives marketplace. C-Trade has come to be known for its lightning-fast secure trading infrastructure offering cryptocurrency Perpetual and Futures contracts. The platform also has options, warrants and other structured products in the pipeline designed to suit the trading community’s varying needs.

C-Trade is created by a team of tech entrepreneurs with expertise in traditional equity derivatives trading and crypto asset management. The team has an in-depth understanding of the market as well as the needs and preferences of traders, which has enabled them to create a reliable, secure, and user-friendly crypto derivatives platform.

C-Trade employs a highly capable matching engine that can handle over 100,000 TPS, which along with updated Spot Price Index and Mark Price Index systems, ensures the reliability of trades. Along with a maximum leverage of 150x, C-Trade has a low fee structure and approves withdrawals in minutes. It is also known for exceptional customer service that can be reached through multiple channels including live chat, contact form, email, or social media. The support team at C-Trade is highly qualified and capable of answering the queries in no time.

Even though the trading volumes are lower than its counterparts, which is quite common among young platforms, C-trade finds a place for itself as one of the hottest emerging crypto derivatives trading platforms. Currently, C-Trade is running a BTCUSD Perpetuals trading competition and offers a  rewards program where users can earn up to $200 as rewards.

BitMEX

bitmex

 

Short for Bitcoin Mercantile Exchange, BitMEX is one of the largest Bitcoin trading platforms that has been operational since 2014. It is a Bitcoin-only platform that accepts deposits and withdrawals in the flagship crypto alone.

BitMEX has a comprehensive, feature-rich trading dashboard with all the tools and charts necessary to make trading decisions. The platform implements adequate security and risk management measures including an insurance fund, auto deleveraging capabilities, and price manipulation protection.

Currently, users on BitMEX can avail up to 100X leverage and the trading fees are on par with those of its industry peers. While the platform is highly reliable and has gained the confidence of the crypto community, it is best suited for experienced traders which makes it an attractive platform for crypto whales and institutional investors.

However, the list of cryptocurrencies supported on BitMEX is limited compared to others. It is also known to experience occasional system overload problems causing inconvenience to the trading community. It is also a target of multiple lawsuits.

Bybit

bybit

 

The Singapore headquartered Bybit is yet another fast-growing crypto derivatives platform with daily trading volumes that puts it among the top 10 exchanges in the market. Started in March 2018, Bybit offers a user-friendly, intuitive, and smart platform for Perpetual Contracts trading with up to 100x leverage. The platform offers flexible deposit options which include BTC, ETH, EOS, XRP and even fiat currencies that can be used to make deposits as less as $5 to start trading.

Other notable features of Bybit include real-time market data, customizable trading dashboard, reliable customer support, insurance fund, and ADL for risk management.  However, the number of contracts offered on the platform are limited to 4-5 compared to the likes of C-Trade.

Verdict

Each of these five platforms come with their own strengths and weaknesses. For example, Binance is one of the leading crypto platforms with the highest volumes and userbase. On the other hand, users on FTX can experience lots of new crypto trading products as it works on building its userbase. Competing closely with FTX is C-Trade, which is also a relatively new platform offering an attractive welcome bonus, quick withdrawal, and the best leverage. Apart from round-the-clock security and high-performance matching engine, the platform also scores high on the customer support department.

Meanwhile, BitMEX is the pioneer of crypto derivatives exchange and has been around for a long time. But the recent litigations and the system overload issues remain to be a concern. And finally, Bybit offers a user-friendly crypto derivatives platform with limited trading products, which it makes up for with its transaction processing capabilities.

These five crypto derivatives exchanges are just a tip of the iceberg, as there are many platforms out there offering a variety of trading products and features. Traders looking to pick the right platform to suit their needs can always try as many as they wish before making a selection. Some of these platforms also offer an attractive welcome bonus for new users, which can come in handy during the decision-making process.

 

 Image by Gerd Altmann from Pixabay
Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
Thomas Delahunty

Thomas Delahunty

I’m Thomas J. Delahunty, born in Lancashire, England, but raised and currently residing in Columbus, Ohio where I attended The Ohio State University studying English and History. After writing in the Fintech and Forex spaces, I began to focus on blockchain and cryptocurrencies — Bitcoin in particular — in 2016. Aside from being part of NewsBTC’s journalism team, I am a writer and analyst for Ohio State’s Risk Institute at the Fisher College of Business, and run operations for two local, independent online businesses.

Related Posts

Avalanche

Avalanche (AVAX) Shows Optimism But Is This A Price Reversal?

19 mins ago
Polkadot

Polkadot (DOT) Trades Beneath $11; How Soon Will It Target $14?

1 hour ago
Cardano

Cardano (ADA) Grapples At $0.524; Bullish Trajectory Coming

12 hours ago
bitcoin hammer reversal

Hammer Time: The Bullish Signal That Could Save Bitcoin

12 hours ago
Cosmos

Cosmos (ATOM) Skyrockets 12% Following Bitcoin And Ethereum Recovery

2 days ago
How Blockchain Technology Expands The Education Frontiers

How Blockchain Technology Expands The Education Frontiers

2 days ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Wildcoins Casino

Wildcoins Casino

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit

LBank Exchange Will List FidoMeta (FMC) on May 23, 2022

May 22, 2022

Are Mountanaz (MNAZ), Bancor (BNT) and Convex Finance (CVX) the Top DeFi Projects to Watch in 2022?

May 22, 2022

ApeCoin (APE) has a New Rival: The Burgeoning Saga of RoboApe Token (RBA)

May 22, 2022

The Changing Face Of DeFi: What Is The Future Of Fundraising?

May 22, 2022

3 CRYPTOCURRENCIES THAT WILL MAKE YOU A MILLIONAIRE: PACMAN FROG (PAC), POLYGON (MATIC), AND STELLAR (XLM)

May 22, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win
  • Spin & Win

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.