Derivative trading is a two-way trade where customers can take profits when prices rise or fall. One derivative trade is a futures trade, which is an exchange contract for payments whose price is taken from the reference object (in this case cryptocurrency) within a certain time period.

The cryptocurrency futures market has been in demand since 2018, until now users continue to grow and this is also offset by the increasing number of crypto futures exchanges. This time I will share the best crypto futures trading exchanges that I use.

1. Bitmex

Bitmex has been around since 2014 and has been trusted by many investors and elite-class crypto traders, thanks to their 6-year experience making them grow by offering various features that make trading more effective. This platform offers weekly, daily and swap contracts and supports trading in Bitcoin, Tron, Cardano, Ethereum , BitcoinCash, Litecoin, and Ripple.

However, Bitmex only supports payment and transaction fees in Bitcoin, so if you want to make a deposit or withdrawal from Bitmex must be in the form of Bitcoin. also, their liquidity is very liquid and transaction costs are also relatively high.

This UI display is friendly for beginners and does not require KYC to use it. As a security measure, Bitmex keeps a portion of your funds in a cold wallet and implements 2FA, and supports customer service within 24 hours.

2. Binance Futures

Binance is the most popular exchange market in the spot market, currently, Binance has launched a new service, namely Binance Futur for futures trading. This platform supports 25 altcoin, very suitable for users who want a lot of choices.

Users need KYC if they want to withdraw to a bank account, and the fees for Binance futures are relatively low at around 0.04% per trade and 0,0005 BTC to withdraw all coins,

For security issues, they provide 2FA authentication and real-time customer support. also, this platform supports several languages ​​and provides a demo account for learning. but the only disadvantage of this platform is that it is not accessible to users in the US and must use VPN.

3. ByBit

I input because it is a potential newcomer and has a variety of features and a clean and comfortable interface. It supports trading in Bitcoin, Ethereum, Ripple, and EOS which are all paired with USDT.

One suitable reason for institutional traders and individual traders is that they claim to be able to process up to 100,000 transactions per second. They also provide educational sites for users that can be accessed through their browser or mobile application.

Their transaction costs are relatively large and their withdrawal fees are relatively low, namely: BTC 0,0005, ETH0.01, EOS 0.25, and XRP 0.1. But their only weakness now is not yet supporting deposits / withdrawals via bank cards or online banks like PayPal.

Currently, Bybit is conducting a promotion that will give 90USD (in bitcoin) to new users .

In addition to the three Derivative exchanges above, there are many more exchanges with various benefits such as HuobiPro, Ploniex, and others, but I only chose them because of the benefits I felt directly.