11 Best Crypto Futures Trading Platforms for 2025

Based on our research, Coinbase is the best crypto futures trading platform in the US. It allows US residents to trade 28 futures contracts via Coinbase Financial Markets (CFM), a CFTC-registered futures commission merchant. At the same time, Binance is the best crypto futures trading platform for non-US traders. It holds licenses that allow it to operate in Europe, the Middle East, and Africa, plus it has robust security measures and the highest daily trading volume.

The top crypto futures exchanges give you access to a wide range of trading pairs, let you build complex risk management strategies, and allow you to leverage your capital to open bigger positions. While trading futures isn’t right for everyone, it can be a very flexible tool for traders who want more than basic buying and selling.

We tested over 40 crypto futures platforms, basing our hands-on methodology on our prospects’ leverage allowance, number of trading pairs, security, regulatory compliance, and fee structures. We also made sure to include platforms suitable for both beginner and advanced traders.

Read on to learn all about Coinbase, Binance, and the other contenders that made our list.

Best Crypto Futures Trading Platforms in the USA

To offer crypto derivatives in the US, crypto exchanges must obtain a license from the CFTC (Commodity Futures Trading Commission). The process of obtaining a CFTC license is long and expensive, which is why only a few platforms offer this service.

Moreover, due to strict regulations, US exchanges provide limited trading options. For example, they usually support only BTC and ETH derivatives, and they offer lower leverage. With that in mind, the following platforms currently offer the best conditions for US traders:

1. Coinbase – Best Crypto Futures Trading Platform in the US

Coinbase took first place on our list because it was the first exchange to offer regulated, leveraged crypto futures. US residents can trade 28 futures contracts, from Bitcoin and Ether to Dogecoin and Stellar, via Coinbase Financial Markets (CFM), a CFTC-registered futures commission merchant. You can also trade nano BTC, nano ETH, nano SOL, and nano XRP perp-style futures with a 5-year expiration date.

Coinbase also plans to launch US perpetual-style futures with a five-year expiration date for Shiba Inu, Avalanche, Bitcoin Cash, Cardano, Chainlink, Dogecoin, Hedera, Litecoin, Polkadot, SUI, and Stellar. Perpetual futures contracts on Coinbase are cash-settled, and they come with up to 10x leverage.

Coinbase is a solid choice for trading perpetual futures, especially if you’re a beginner. However, advanced traders may want to look for other options since this CEX offers low maximum leverage (up to 10x) and a limited number of perpetual future pairs.

Visit Coinbase

2. Kraken Derivatives US – Best Crypto Futures Trading Platform For CME‑Listed Crypto Futures

Kraken is a centralized exchange registered as an MSB (Money Services Business) with FinCEN. US residents can trade crypto futures via its regulated derivatives trading platform called Kraken Derivatives US. Futures trading is provided by NinjaTrader Clearing, a Futures Commission Merchant registered with the CFTC. You can trade 75 CME-listed futures contracts, including Bitcoin (BTC), Micro‑Bitcoin (MBT), Ether (ETH), Micro‑Ether (MET), Solana (GSOL), and Micro‑Solana (MSL).

The trading fees start at 0.020% for makers (limit orders) and 0.050% for takers (market orders), and you can use up to 50x leverage to open a position. We also liked that the platform offers a unified interface, allowing you to transfer collateral from your spot wallet to your futures account without fees. Kraken also plans to expand its offering to commodities, fixed income, FX, and equity futures.

Kraken Derivatives US is available in all US states, except New York and Maine. Another downside is that US clients won’t be able to trade perpetual contracts, but only CME-linked futures.

Visit Kraken

3. Robinhood – Best Crypto Futures Trading Platform For Diversification

Robinhood is a crypto brokerage registered as an MSB with FinCEN. It also holds an NYDFS license, which enables it to operate in all US states, including New York and Washington, D.C., unlike other providers we’ve tested. Robinhood offers futures trading through its subsidiary, Robinhood Derivatives, which is registered with the CFTC. You can trade 40+ futures, including stock index futures, crypto and fiat futures, metals, and commodities. This makes Robinhood ideal for traders who want to build a diversified portfolio.

Robinhood also supports BTC Friday futures, micro BTC futures, micro ETH futures, micro SOL futures, and micro XRP futures. The trading fee stands at $0.75 per contract, and you can use up to 7x leverage to open a position. The futures contracts aren’t subject to the Pattern Day Trader (PDT) rule, which means that you can open and close positions multiple times per day.

Keep in mind that US residents can’t trade perpetual futures, but only expiry-based ones, which is a bit of a letdown.

Best Global Crypto Futures Exchanges (Excluding the USA)

Europe, the Middle East, Africa, and Asia also impose exchange regulations, but they're less strict than those in the US, allowing international platforms to offer more services and markets, as well as higher leverage. In this segment, we'll review the best crypto futures exchanges for non-US residents:

1. Binance – Overall Best Crypto Futures Trading Platform for Non-US Traders

Binance is the world’s largest crypto exchange and a behemoth in crypto futures. So, it should come as no surprise that it offers several unique trading products. One of these is delivery futures—contracts that actually end and result in the delivery of the underlying crypto asset to your wallet at the strike price defined in your contract.

These are available for BTC, ETH, SOL, LINK, and more. Binance also offers perpetual futures on over 600 coins, with up to 125x leverage. The futures trading fees start at 0.02%, but you can get 10% off when trading with BNB—the platform's native token. There are also volume discounts available for large traders and BNB investors. The platform has a good selection of trading tools, including several ready-to-deploy bots, copy trading, market research, and more.

Binance holds several licenses that enable it to offer futures in Europe, the Middle East, and Africa. In December 2025, the exchange also obtained global ADGM licenses in the UAE. However, it doesn't hold a MiCA license. Moreover, due to local financial regulations, Binance doesn’t offer derivatives/futures products in the UK, Australia, Japan, and more.

Visit Binance

2. OKX – Best Crypto Futures Trading Platform for Perpetuals

OKX was one of the first crypto exchanges to obtain a MiCA license, which enables it to operate in 30 EEA countries. The platform also holds a VARA license, which allows it to provide services in the UAE. OKX supports 475+ futures markets, and you can open positions using up to 125x leverage.

You can trade USDT and crypto-margined perpetuals using three account modes — single-currency, multi-currency, and portfolio, which allows you to customize the risk parameters. OKX is also one of the only platforms to offer BTC and ETH options. These give you even more flexibility to hedge risk and trade around market volatility. Plus, we appreciated its advanced trading tools, including demo trading, copy trading, customizable trading bots, a multi-leg strategy builder, and more.

On the downside, OKX enforces Position Limit Rules for perpetual and expiry futures, which means your order will be rejected if you exceed the allowed limit. What's more, UK users won't be able to trade futures due to FCA regulations.

Visit OKX

3. Bybit – Best Crypto Platform for Inverse Futures Trading

Bybit holds a MiCAR license granted by the FMA, which enables it to operate across 29 EEA countries. This CEX has recently applied for a MiFID II license to allow its EEA users to trade futures and options. Bybit offers a huge selection of contracts, including USDT and coin-margined contracts, crypto options, and inverse crypto futures contracts. Inverse contracts are especially exciting as they let you bet against the market without borrowing the underlying crypto.

The exchange offers fees starting from 0.020%, in line with other major futures exchanges. It also allows free crypto deposits, which makes it a cheap option for funding your account. Plus, you can use its profit/loss simulator for futures trades and an AI-powered trading chatbot to build crypto day trading strategies using plain English.

As mentioned above, Bybit doesn’t hold a MiFID II license. This means that, at the time of writing, EEA users can’t trade futures. The platform is also unavailable to residents of France and the UK due to regulatory pressure from the AMF and new regulations from the FCA.

Visit Bybit

4. MEXC – Best Futures Exchange for Wide Coin Support

MEXC is one of the largest crypto futures exchanges in the world, and for good reason. The platform offers an eye-popping selection of 1,175+ crypto futures markets and limit orders with fees as low as 0%, making it one of the best low-fee trading platforms.

MEXC has deep liquidity in most of its futures markets, although there can be slippage for some less-traded token contracts. To qualify for the lowest trading fees, you have to hold the exchange’s $MX token (which can also be staked to earn up to 65% APY).

MEXC is available in 170 countries, including the UK, Italy, and France. However, this CEX is not regulated in the EU - its Estonian OÜ license was revoked in 2023.

Visit MEXC

5. KuCoin – Best Crypto Futures Trading Platform for Beginners

KuCoin is a popular futures exchange among beginners because it prioritizes ease of use while still offering a great selection of trading instruments. The exchange supports more than 570 coins for futures trading, with up to 100x leverage. You can also access grid trading bots and KuCoin’s high-performance order-matching engine.

KuCoin’s user interface is easy to navigate. We also found a wide range of educational guides to help you learn your way around the crypto futures market. You can also test your trading skills using its demo account, which supports USDT and Coin-Margined contracts.

KuCoin recently obtained a MiCAR license, meaning it can legally operate across 29 EEA countries. The platform is also registered with AUSTRAC to provide trading services in Australia. However, KuCoin is not available in the UK since it's not authorized by the FCA. Moreover, in 2025, KuCoin agreed to exit the US market for at least two years as it operated as an unlicensed money transmitting business.

Visit KuCoin

6. PrimeXBT – Best Futures Trading Exchange for Experienced Traders

PrimeXBT is our top-ranked futures exchange for experienced traders. It offers a selection of over 130 tokens for futures trading and provides deep liquidity, ensuring you can move in and out of positions seamlessly with minimum slippage. You can also set the leverage between 2x and 500x, depending on the asset.

PrimeXBT also stands out for its industry-leading fees. You’ll pay between 0.02% and 0.045% for market orders and 0.01% for limit orders, which is way lower than popular providers like KuCoin and Bybit. All traders at PrimeXBT get access to the exchange’s proprietary trading tools, including a technical charting interface, crypto futures order book, and a TradingView integration for further analysis.

PrimeXBT holds FSA, FSCA, BCR, and FSC licenses, meaning it complies with AML (Anti-Money Laundering) and KYC regulations. However, it doesn't have a MiCA license, so it cannot legally offer its services to EU and EEA users.

Visit PrimeXBT

7. Margex – Best No-KYC Crypto Futures Trading Platform

Margex is one of the best crypto futures exchanges if you want to trade futures anonymously. The platform has no KYC requirements, so you can maintain your privacy while trading over 40 tokens, including popular meme coins. Leverage up to 100x is available for BTC/USD, ETH/USD, TRX/USD, and BNB/USD futures, while other pairs come with 15x, 25x, and 50x leverage.

Margex really encourages limit orders with its fee structure, which charges 0.019% for liquidity makers but 0.060% for liquidity takers. That’s surprisingly steep, although we did like that Margex is very transparent about its funding fees once you have a position open.

Margex operates without a license from major financial authorities, such as the FCA and MiCA, which makes it a bit riskier unless you value privacy above all else. In addition to that, its list of perpetual-futures pairs is quite limited compared to other exchanges.

Visit Margex

8. CoinFutures – Best for High-Risk Futures Trading

CoinFutures is our top-ranked exchange for high-risk traders. The platform lets you predict the short-term price movements of 11 coins, including Bitcoin, Ethereum, and Solana futures, with up to 1,000x leverage. CoinFutures uses an advanced algorithm that allows you to trade the chart of your chosen asset, but without actual exposure to it. Plus, there's no need to set up wallets or pass KYC verification.

You can also use the Auto Mode and the Manual Mode. The former lets you set take-profit and stop-loss levels, while the latter allows you to cash out at any time. Unlike its competitors, CoinFutures doesn't have a complex fee structure. Instead, it charges two types of fees - PnL-based fee (a small percentage on your profits) and flat fee (a fixed fee to enter and exit the round).

CoinFutures is not a traditional futures exchange, meaning it's not regulated by financial authorities. Instead, it's licensed by the Government of the Autonomous Island of Anjouan. This is an iGaming license that emphasizes responsible gambling policies rather than asset custody.

Visit CoinFutures

What is a Crypto Futures Trading Platform?

A crypto futures trading platform is an exchange that allows you to buy and sell futures contracts on cryptocurrencies. These are derivative contracts that let you speculate on the future price of a cryptocurrency without owning it directly. A futures contract is an agreement to buy or sell a cryptocurrency, such as Bitcoin, at a set price on a specific future date. For example, you can purchase a contract to buy Bitcoin at $150,000 in three months if you believe the price will increase.

When a contract’s expiration date arrives, the trader or exchange that issued the contract will transfer the specific tokens to the contract holder. In practice, though, tokens are rarely transferred. Most crypto futures contracts are “perpetual,” meaning they don’t expire and can be rolled over into new contracts indefinitely.

Crypto futures contracts allow you to lock in prices and hedge your risk in the crypto market. Contracts are standardized and traded on exchanges like CoinFutures and MEXC, making it easy for traders to buy and sell futures for a wide range of tokens.

What is the Difference Between Crypto Futures Trading and Spot Trading Platforms?

Most crypto exchanges offer both spot and futures trading. Crypto futures trading differs from traditional spot trading in various ways, the main one being ownership of the underlying asset. When you trade spot, you actually purchase the crypto asset and have ownership over it - you can move it from an exchange to a wallet, hold it for the long-term, use it to pay for expenses, and more. Crypto futures, on the other hand, are derivatives. This means you're speculating on a coin's price without owning it.

If you're wondering which trading style suits you better, the table below compares futures vs spot trading across key aspects:

Are Cryptocurrency Futures Trading Platforms Legal?

In most cases, yes, but the legality of futures trading depends on where you reside. Trading platforms in the US must be regulated by the Commodity Futures Trading Commission (CFTC) to operate legally. Examples of CFTC-regulated exchanges offering crypto futures to US traders include Coinbase and Kraken.

Then, you have no-KYC platforms, such as CoinFutures, that accept users worldwide, but aren't governed by regulators. Keep in mind, however, that many of the top exchanges we reviewed don’t accept US traders because of strict restrictions on crypto derivatives in the US. These platforms operate legally in other countries.

US-based traders can choose from the best crypto futures trading platforms available in the region.

How to Stay Safe When Trading Crypto Futures?

It’s important to protect yourself when trading cryptocurrency futures. Here are a few of our top tips for how to stay safe in the market:

What are the Pros & Cons of Trading Crypto Futures?

Here’s a summary of the advantages and drawbacks of trading crypto futures as opposed to spot tokens:

What Fees do Crypto Futures Trading Platforms Charge?

Crypto futures trading comes with various charges, including trading, funding, deposit, and withdrawal fees. Let's break them down into more detail:

Trading Fees

Trading fees are fees you’ll pay for every futures buy and sell order. Fees usually depend on whether you’re a “maker” who adds liquidity to the exchange’s order book or a “taker” who removes liquidity from the order book. In general, limit orders add liquidity and qualify for maker fees, while market orders remove liquidity and qualify for taker fees.

Maker fees can be much lower than taker fees. For example, Margex charges only 0.019% for maker orders but 0.060% - 3x more! - for taker orders. CoinFutures, on the other hand, lets you choose the fee you're paying - either a fixed rate for opening/closing positions or a small fee based on your PnL.

Funding Fees

Funding fees are fees you’ll pay or receive on perpetual futures contracts for as long as a position remains open. At most exchanges, funding fees are applied every eight hours to ensure the contract’s price remains aligned with the underlying asset's value. However, some exchanges charge funding fees every few hours or even every second.

Funding fees are not always bad, as they're exchanged between traders and can end up in your pocket. They're primarily based on market sentiment - positive funding rates indicate there are more long positions open, while negative funding rates mean shorts exceed longs. If the funding rate is positive, long position holders pay short position holders, and vice versa.

Deposit Fees

None of the derivatives trading platforms we reviewed charges deposit fees if you deposit crypto. However, you will pay a fee if you need to make a fiat deposit and swap it to USDT or another cryptocurrency. This can range from around 1% for bank transfers to more than 3.5% for credit and debit card payments.

Withdrawal Fees

Some trading platforms, like BloFin and OKX, charge no withdrawal fees for crypto withdrawals. However, most exchanges charge a small fee, depending on the crypto type you want to withdraw. For example, at Binance, you’ll pay 0.0001 BTC (around $7) to withdraw Bitcoin. That’s in addition to any blockchain fees for the transfer, which the exchange does not control.

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.