11 Best Crypto Leverage Trading Platforms in 2025

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Based on our research, CoinFutures stands out as the best crypto leverage trading platform with its user-friendly approach to leverage trading, giving you an intuitive dashboard to trade 11 of the most popular cryptos with up to 1,000x leverage. CoinFutures is also among the few providers we tested that don’t require any personal information, letting you trade completely anonymously.

Crypto leverage trading is an advanced strategy that lets you borrow against your funds to increase your position size by 2x, 10x, or as much as 1,000x. This can multiply both your profits and losses, so knowing the ins and outs of the method and using the top crypto leverage trading exchanges is key.

For that reason, we decided to compare the best providers to help you find the one that will suit your trading style. We tested over 45 exchanges to single out the platforms that offer the most favorable trading conditions. Our methodology included evaluating their leverage limits, available markets, trading fees, security features, and user experience.

Keep reading to learn more about our top pick and the other contenders that made the cut.

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CoinFutures

Best Crypto Futures & Options Trading Platform

  • Trade crypto futures & options with up to 1000x leverage
  • No KYC requirements and instant withdrawals
  • Low trading fees and deep liquidity
Table of Contents
  1. In This Article
    1. 1. CoinFutures - Overall Best Crypto Leverage Trading Platform
    2. 2. MEXC - Non-KYC Leverage Trading Platform With up to 500x
    3. 3. OKX - Powerful Leverage Crypto Trading Platform With Demo Account
    4. 4. Binance - Deep Liquidity for Margin Spot, Futures, and Perpetual Futures up to 125x
    5. 5. Margex - 100x Leverage Trading for Mobile and Desktop Traders
    6. 6. BloFin - Get 150x Leverage on Trading on Over 530 Futures Trading Pairs
    7. 7. Bybit - 200+ Leverage Trading Pairs, With Spot Margin and 125x Futures
    8. 8. PrimeXBT - Use Up to 200x Leverage on Top Crypto Assets
    9. 9. KuCoin - Up to 125x Leverage on 420+ Futures Contractsand 3x on Leveraged Tokens
    10. 10. Kraken - Transparent Exchange with Margin Trading for US Traders
    11. 11. Coinbase - US-Based Leverage Trading Platform for Bitcoin and Ethereum Futures
    1. Leverage Limits (30%)
    2. Leverage Markets (30%)
    3. Trading Fees (20%)
    4. Security Features (10%)
    5. User Experience (10%)
    1. Choosing Leverage Level (2x to 100x+)
    2. Placing Your Order
    3. Interest and Fees
    4. Liquidation
    1. 1) Magnified Losses
    2. 2) Margin Call Risk
    3. 3) Liquidation Risk
    4. 4) Counterparty Risk
    5. 5) Emotional Stress
  1. In This Article
    1. 1. CoinFutures - Overall Best Crypto Leverage Trading Platform
    2. 2. MEXC - Non-KYC Leverage Trading Platform With up to 500x
    3. 3. OKX - Powerful Leverage Crypto Trading Platform With Demo Account
    4. 4. Binance - Deep Liquidity for Margin Spot, Futures, and Perpetual Futures up to 125x
    5. 5. Margex - 100x Leverage Trading for Mobile and Desktop Traders
    6. 6. BloFin - Get 150x Leverage on Trading on Over 530 Futures Trading Pairs
    7. 7. Bybit - 200+ Leverage Trading Pairs, With Spot Margin and 125x Futures
    8. 8. PrimeXBT - Use Up to 200x Leverage on Top Crypto Assets
    9. 9. KuCoin - Up to 125x Leverage on 420+ Futures Contractsand 3x on Leveraged Tokens
    10. 10. Kraken - Transparent Exchange with Margin Trading for US Traders
    11. 11. Coinbase - US-Based Leverage Trading Platform for Bitcoin and Ethereum Futures
    1. Leverage Limits (30%)
    2. Leverage Markets (30%)
    3. Trading Fees (20%)
    4. Security Features (10%)
    5. User Experience (10%)
  2. Show Full Guide
    1. Choosing Leverage Level (2x to 100x+)
    2. Placing Your Order
    3. Interest and Fees
    4. Liquidation
    1. 1) Magnified Losses
    2. 2) Margin Call Risk
    3. 3) Liquidation Risk
    4. 4) Counterparty Risk
    5. 5) Emotional Stress

The Top 11 Crypto Leverage Trading Platforms Compared


Here’s how our top picks compare to each other in terms of their number of supported markets, types of leverage trading, leverage limits, and trading fees.

Exchange Markets Types of Leverage Trading Maximum Leverage Futures Trading Fees
CoinFutures 11 Perpetual futures, options 1,000x PnL-based or Flat fee
MEXC 769 Perpetual futures, spot margin 500x 0% maker / 0.02% taker
OKX 277 Spot margin, delivery/perpetual futures, options 125x 0.02% maker / 0.05% taker
Binance 613 Futures, margin spot, perpetual/delivery futures, options 125x 0.02% maker / 0.04% taker
Margex 50+ Perpetual futures 100x 0.019% maker / 0.06% taker
BloFin 453 Perpetual futures 150x 0.02% maker / 0.06% taker
Bybit 612 Delivery/perpetual futures, spot margin, options 125x 0.02% maker / 0.055% taker
PrimeXBT 50+ CFDs, perpetual futures 200x 0.01% maker / 0.045% to 0.02% taker
KuCoin 504 Spot margin, perpetual/delivery futures, leveraged tokens, options 100x 0.02% maker / 0.060% taker
Kraken 329 Margin spot, perpetual futures 50x 0.02% maker / 0.0500% taker
Coinbase 351 Perpetual futures 50x (10x in the US) 0.00% to 0.4% maker / 0.05% to 0.6% taker

Best Crypto Leverage Trading Platforms: Full Reviews


Below, we review the top platforms for crypto trading with leverage. Please note that availability varies by region. For example, only CoinFutures, Coinbase, and Kraken explicitly support leverage trading for US traders. Leverage trades and derivatives can create regulatory concerns for trading platforms in specific jurisdictions.

1. CoinFutures – Overall Best Crypto Leverage Trading Platform

  • Leverage Products: Perpetual futures, options
  • Maximum Leverage: 1,000x
  • Trading Fees: PnL-based or Flat fee

CoinFutures is unmatched when it comes to leverage trading, letting you amplify your positions by up to 1,000x. The platform currently supports 11 coins, but it’s constantly expanding its listings. Right now, you can trade Bitcoin, Ethereum, Solana, Ripple, Dogecoin, Litecoin, Tron, Cardano, Binance Coin, Chainlink, and Avalanche.

CoinFutures isn’t an exchange in the traditional sense, as it doesn’t give you real market exposure. Instead, you’re trading an asset’s price chart and betting on its increase (long) or decrease (short). The charts on the platform closely follow your chosen asset’s real price action and are immune to issues related to poor liquidity.

Furthermore, CoinFutures lets you trade with leverage anonymously, as it doesn’t require KYC verification, and you can even connect your wallet to the platform and start trading without registration. Deposits and withdrawals are also quick and convenient, as you can use your crypto wallet, credit card, or payment providers like Apple Pay.

CoinFutures Key Takeaways

  • Up to 1,000x leverage: CoinFutures lets you set the leverage to a whopping 1,000x – more than any other crypto trading platform.
  • No liquidity issues: CoinFutures uses an advanced algorithm that mimics real crypto volatility, but doesn’t involve the actual buying or selling of cryptos. This means that transactions are instant, and you can always execute your trades regardless of the asset’s liquidity.
  • No KYC verification: The platform doesn’t require you to provide any personal information. You just download the app and create an account, or simply connect your wallet to start trading.

Pros

  • Up to 1,000x leverage
  • No KYC requirement
  • Beginner-friendly trading interface
  • Resistant to low liquidity issues
  • Available on desktop and mobile

Cons

  • Comparatively few supported coins

Visit CoinFutures

2. MEXC – Non-KYC Leverage Trading Platform With up to 500x

  • Leverage Products: Perpetual futures, spot margin
  • Maximum Leverage: 500x
  • Futures Trading Fees: 0% maker / 0.02% taker

MEXC is quickly becoming a favorite amongst traders who want advanced trading features and a wide selection of cryptocurrencies. The platform offers more than 2,200 crypto assets for spot trades. Low trading fees help round out the value proposition, but MEXC also offers leverage crypto trading on 100+ assets, including BTC, ETH, and a wide range of altcoins.

mexc leverage trading platforms

MEXC will enable you to trade perpetual futures with up to 500x leverage, which makes it ideal for short-term traders. You’ll find plenty of action on popular pairs like BTC/USDT, but the platform also supports leveraged trades for hot meme coins like PEPE, WIF, BONK, and FLOKI. Trade the market long or short and settle the trade in USDT or the underlying crypto.

MEXC supports 760+ futures trading pairs and 117 zero-fee trading pairs, while its maker and taker fees stand at 0% and 0.020%, respectively. However, if you hold its native token, $MX, you’ll get a 50% discount on your futures trading fees.

MEXC Key Features

  • Demo trading account: Simulate USDT-M trading using virtual funds (50,000 USDT, 10 BTC, and 100 ETH) that you’ll get to reclaim every day.
  • Future trading modes: Use position modes (hedge and one-way mode) and margin modes (isolated and cross-margin mode), which will help you optimize your trading strategy.
  • MX token: MX token holders will get a 50% discount on their futures trading fees.
Learn more

Pros

  • Supports 760+ futures trading pairs and 117 zero-fee trading pairs
  • Perpetual futures come with up to 500x leverage
  • Low slippage for futures sell orders
  • A wide variety of futures events
  • Withdraw up to 10 BTC per 24 hours without KYC
Cons
  • Limited fiat withdrawal options
  • Moderate learning curve
Visit MEXC

3. OKX – Powerful Leverage Crypto Trading Platform With Demo Account

  • Leverage Products: Spot margin, perpetual futures, delivery futures, options
  • Maximum Leverage: 125x
  • Trading Fees: 0.02% maker / 0.05% taker

OKX has become one of the top crypto exchanges by trading volume, largely due to its advanced features and a wide selection of leveraged crypto trading options. The platform offers more than 350 cryptocurrencies for spot trades and over 100+ trading pairs for futures trading with leverage. OKX also provides leveraged spot trades for 200+ pairs with 10x leverage available. Futures trades offer up to 125x leverage, with the highest levels available for crypto-margined trades.

okx crypto trading platform

Additional features include traditional futures trading, options trading, and automated trading bots, providing even more ways to leverage trade crypto. While the platform’s many features can make it more challenging for new traders, OKX provides a well-funded demo account that lets you learn the platform at your own pace without risking real money.

OKX charges low maker and taker fees for futures trading pairs – 0.02% and 0.05%. However, you’ll be able to lower the fees by progressing through the VIP levels. For example, the maker and taker fees for VIP 8 users will amount to -0.005% and 0.015%, respectively.

OKX Key Features

  • Pre-market futures: Trade new tokens before they get listed on crypto exchanges with 2x leverage.
  • Trading bots: Use pre-built trading bots to automate your trades or create your own bots.
  • Leveraged spot trades: You can trade over 200 spot trading pairs with 10x leverage, including BTC/USDT, ETH/USDT, SOL/USDT, TON/USDT, DOGE/USDT, and XRP/USDT.
Learn more

Pros

  • 200+ spot trading pairs with 10x leverage
  • Futures trades with up to 125x leverage
  • Supports pre-built trading bots
  • Demo account for practice trading
Cons
  • Periodically delists its leveraged and perpetual contracts
  • Limited fiat deposit and withdrawal options
Visit OKX

4. Binance – Deep Liquidity for Margin Spot, Futures, and Perpetual Futures up to 125x

  • Leverage Products: Perpetual/delivery futures, spot margin, and options
  • Maximum Leverage: 125x
  • Trading Fees: 0.02% maker / 0.04% taker

Binance offers 5x margin trading on 100+ USDT trading pairs and 10x leverage on several BTC-based trading pairs. Derivatives include quarterly and perpetual contracts that provide up to 50x leverage, as well as options trading. BTC futures allow up to 125x leverage, although max leverage varies by margin type, cross or isolated.

binance crypto exchange

Binance caps the funding rate at 2%, a helpful feature to prevent runaway costs if markets flip. You’ll also find a wide range of advanced trading tools and bots that can use leverage to collect profits on autopilot 24/7.

Spot and margin fees come in at 0.1% for both limit and market orders, with additional discounts on margin trading services and fees available for higher trading volume or when paying fees with BNB. The latter allows traders to reduce trading fees by 25%.

Binance Key Features

  • Trading bots: You can use multiple trading bots to automate your trades, from spot and futures grid bots to arbitrage and rebalancing bots.
  • Margin insurance fund: If your cross-margin or isolated margin account drops to zero, Binance will use its margin insurance fund to repay your debt.
  • Lite and Pro modes: Offers two trading modes, Lite and Pro. The former is tailored for beginners, while the latter is created for advanced traders.
Learn more

Pros

  • Trade BTC futures with up to 125x leverage
  • Low trading fees
  • Capped funding rates
  • Quarterly and perpetual contracts come with up to 50x leverage
Cons
  • Fairly limited US-based exchange subsidiary
  • Binance tends to reduce the leverage limits for its futures contracts from time to time
Visit Binance

5. Margex – 100x Leverage Trading for Mobile and Desktop Traders

  • Leverage Products: Perpetual futures
  • Maximum Leverage: 100x
  • Trading Fees: 0.019% maker / 0.06% taker

Margex combines a clean user interface with up to 100x leverage on 46 crypto assets. The platform serves more than 150 countries worldwide and offers 24/7 support. Margex also offers copy trading, letting traders copy the trades of profitable traders on the platform in one click.

margex leverage trading exchange

Leverage trades center on perpetual futures, with a minimum leverage of 5x and a maximum of 20x to 100x, depending on the traded asset. BTC and ETH both support 100x positions. Margex also provides an expansive help center that makes finding information about the platform and trading rules a breeze compared to other platforms.

Low trading fees round out a well-designed offering that focuses on doing fewer things than other platforms but doing them well. Limit orders for futures are 0.019%, while market orders cost 0.06%.

Margex Key Features

  • Demo trading: Create a free demo account to practice your trading skills with virtual funds and get familiar with the platform’s features.
  • Integration with TradingView: Gain access to advanced charting and technical analysis tools, real-time price data, and drawing tools that will facilitate your trading process.
  • Flexible leverage limits: You can set the leverage between 5x and 100x, depending on the trading pair.
Learn more

Pros

  • Perpetual futures come with up to 100x leverage
  • Live demo account
  • Suitable for beginners and advanced traders
  • Gathers liquidity from 12 providers
  • Available in 150+ countries
Cons
  • Limited cryptocurrency selection
Visit Margex

6. BloFin – Get 150x Leverage on Trading on Over 530 Futures Trading Pairs

  • Leverage Products: Perpetual futures
  • Maximum Leverage: 150x
  • Trading Fees: 0.02% maker / 0.06% taker

Next on our list of top crypto leverage trading platforms is BloFin. This user-friendly exchange will allow you to trade 530+ futures trading pairs with up to 150x leverage. The platform provides a comprehensive trading experience, featuring both spot and futures markets.

blofin exchange home page

Leverage trades focus on perpetual futures, with a maximum leverage of 150x, one of the highest in the industry. You can trade some of the most popular assets like BTC and ETH alongside many altcoins across various categories like DeFi, gaming, and AI.

Blofin also has low trading fees. Spot trading fees stand at 0.1% for both maker and taker, while futures trading fees amount to 0.02% (maker) and 0.06% (taker). The exchange also provides a welcome bonus and a demo trading account for new users.

Blofin Key Features

  • Trading bots: Automate your trades via signal, futures grid, and TWAP bots. You can also vote for the next BloFin bot.
  • Demo trading: Practice your trading skills using 5,000 virtual USDTs. The demo account supports spot, futures, Webhook, and API trading.
  • Multiple order types: Use multiple order types, from market and limit orders to TWAP, reverse, trigger, TP/SL, and trailing stop orders.
Learn more

Pros

  • Supports 530+ futures trading pairs
  • High leverage options up to 150x
  • Competitive trading fee structure
  • Trading bots and a demo trading account
  • Rewards hub
Cons
  • Lack of direct fiat deposits/withdrawals
  • Lower liquidity compared to top exchanges
Visit BloFin

7. Bybit – 200+ Leverage Trading Pairs, With Spot Margin and 125x Futures

  • Leverage Products: Delivery/perpetual futures, spot margin, options
  • Maximum Leverage: 125x
  • Trading Fees: 0.02% maker / 0.055% taker

Bybit built its name on leverage trades and crypto options trading and remains one of the best places to trade Bitcoin with leverage, as well as 70+ spot margin assets. The platform also offers perpetual futures trading for more than 200 USDT pairs and additional options for USDC pairs, as well as expiry futures for both USDC pairs and inverse (coin collateral) contracts.

bybit exchange home page

While well-designed, the trading app focuses on advanced traders, making it better suited to those with experience in leverage trading. Top features include copy trading and a demo account, the latter of which can help newer traders learn the platform. Bybit also offers trading bots and AI-guided trades.

Max leverage for Bybit is 125x, and the platform’s low fees help boost trading profits. Futures trades cost 0.02% for limit orders and 0.055% for market orders.

Bybit Key Features

  • Fiat and crypto deposits: Offers multiple payment methods, which include over 65 fiat currencies and over 100 cryptocurrencies.
  • FX and CFD trading: In addition to crypto, you can also trade forex and CFDs (e.g., metals, oil, and indices) on the MetaTrader 5 (MT5) platform.
  • TradeGPT Telegram Bot: Bybit’s AI-powered trading bot analyzes trends and historical data to allow you to automate trades.
Learn more

Pros

  • Offers social trading and paper trading accounts
  • AI-powered TradeGPT and five trading bot types
  • Over 70 spot margin crypto pairs
  • Supports spot, futures, forex, and CFD trading
Cons
  • Geared toward advanced traders
  • Unavailable in the US
Visit Bybit

8. PrimeXBT – Use Up to 200x Leverage on Top Crypto Assets

  • Leverage Products: Perpetual futures and CFDs
  • Maximum Leverage: 200x
  • Trading Fees: 0.01% maker / 0.045% to 0.02% taker

Contract for Difference (CFD) platforms are becoming more popular and offer a convenient way to trade crypto prices without all the storage considerations that come with trading futures or real crypto assets. PrimeXBT makes CFDs available for more than 40 crypto assets and allows up to 200x leverage for crypto futures markets.

primexbt crypto leverage trading platform

Fees for futures trades are among the lowest we’ve seen in our roundup of the best crypto leverage trading platforms, with 0.01% limit orders and 0.02% market orders. Furthermore, PrimeXBT also lets you trade forex, commodities, and indices if you’re interested in going beyond crypto.

Like a handful of other platforms, PrimeXBT offers copy trading, which lets you follow other trades on the platform, trade for trade. In addition, PrimeXBT offers one of the cleanest trading interfaces you’ll find anywhere, allowing you to focus on trades without pop-ups or clutter.

PrimeXBT Key Features

  • Multi-asset trading: PrimeXBT will enable you to trade forex, indices, cryptocurrencies, commodities, and shares using a single platform.
  • Trade 40+ crypto CFDs: PrimeXBT supports 40+ crypto CFDs, including BTC, ETH, SOL, DOT, and ADA. You can also set up a high leverage – up to 200x.
  • Multiple platform support: You can trade CFDs on multiple platforms, including PrimeXBT’s proprietary WebTrader and app and MetaTrader 5.

Pros

  • High maximum leverage of 200x
  • Low trading fees
  • Supports CFDs on forex, shares, indices, commodities, and crypto
  • Spreads as low as 0.1 pips
  • Excellent mobile application
  • User-friendly interface
Cons
  • Comparatively limited futures pairs
Visit PrimeXBT

9. KuCoin – Up to 125x Leverage on 420+ Futures Contractsand 3x on Leveraged Tokens

  • Leverage Products: Spot margin, perpetual/delivery futures, leveraged tokens, options
  • Maximum Leverage: 100x
  • Trading Fees: 0.020% maker / 0.06% taker

KuCoin offers more than 970 cryptocurrencies and often has new cryptos before other platforms. This broad selection carries over to KuCoin’s 50+ pairs for margin spot trades that come with 10x and 5x leverage. In addition, the exchange supports over 420 tradable futures contracts that come with up to 125x leverage. However, smaller altcoins, like BONK, come with up to 50x leverage.

kucoin crypto leverage exchange

The platform also offers leveraged tokens (long and short), an alternative to margin trading that doesn’t risk liquidation. However, the token value can go to zero for losing trades, and the leverage ratio is fixed at 2x and 3x. Periodic token rebalancing can also lead to out-of-sync values.

The trading fees for futures start at 0.020% (maker) and 0.060% (taker). However, you can reduce them by progressing through the VIP levels. You can also automate your trades using trading bots, including grid, dollar-cost-averaging (DCA), and rebalancing.

KuCoin Key Features

  • Crypto Lending Pro: Earn interest by borrowing your idle funds to other users. You’ll earn 85% of the earnings, while 15% will go towards the risk insurance fund.
  • GemSPACE: GemSPACE is KuCoin’s hub for new listings, where you’ll find information about upcoming launches.
  • Trading bots: Supports multiple trading bots, including futures grid, spot martingale, smart rebalance, infinity grid, and DCA bots.
Learn more

Pros

  • Supports 420+ tradable futures contracts
  • Trade 70+ leveraged tokens
  • 50+ spot margin pairs with 10x and 5x leverage
  • 50x leverage for top meme coins and altcoins
Cons
  • Maximum leverage of 5x for unverified accounts
  • Leveraged tokens come with a fixed ratio
Visit Kucoin

10. Kraken – Transparent Exchange with Margin Trading for US Traders

  • Leverage Products: Margin spot, perpetual futures
  • Maximum Leverage: 50x
  • Trading Fees: 0.02% maker / 0.05% taker

Kraken supports 350+ futures markets and 100+ multi-collateral futures contracts. You can also trade FX perpetual futures with up to 50x leverage or use your spot holdings to trade 150+ margin-enabled markets with up to 5x leverage. Known for its transparency, Kraken provides a no-surprise fee structure, including detailed disclosure of margin fees (0.02% opening fee for most assets) and competitive fees for both spot and futures trades.

kraken exchange

Spot and margin trades pay 0.25% maker and 0.40% taker fees. Futures trading fees, at 0.02% limit fees and 0.05% market order fees, compare well with competitors. Discounts are available for higher monthly trading volumes and are easy to reach with higher leverage.

In keeping with its reputation for transparency, Kraken offers proof of reserves, a third-party audited way of proving the exchange has the crypto showing on your account dashboard.

Kraken Key Features

  • Kraken+ subscription: This premium subscription will allow you to trade up to $10,000 per month with zero fees. You’ll also gain access to exclusive airdrops. A 1-month free trial is available.
  • Auto Earn: Generate earnings with no lock-up periods. You’ll be able to use the Auto Earn feature on 25 assets, such as ADA, SOL, and ETH.
  • Kraken Pro: Platform optimized for advanced trading. You can use it to gain access to 25+ trading and data widgets.
Learn more

Pros

  • Supports 100+ multi-collateral futures contracts
  • FX perpetual futures with up to 50x leverage
  • 150+ margin-enabled markets with up to 5x leverage
Cons
  • Not available in Maine, New York, and Washington state
  • US clients can’t trade derivatives
Visit Kraken

11. Coinbase – US-Based Leverage Trading Platform for Bitcoin and Ethereum Futures

  • Leverage Products: Perpetual futures
  • Maximum Leverage: 50x (10x in the USA)
  • Trading Fees: 0.00% to 0.4% maker / 0.05% to 0.6% taker

Coinbase, one of the most trusted crypto trading platforms, recently began offering perpetual futures trading with leverage. You can trade 160+ perpetual futures with up to 20x leverage, while the positions will be capped at $25,000,000.

coinbase exchange

Qualified US traders can access leveraged futures markets and expiry futures contracts for BTC, ETH, LTC, and BCH. Coinbase International offers leveraged trading for 150 assets, including BTC and ETH, as well as other popular assets like SOL, LINK, and XRP. The platform also offers hot meme coins like PEPE and WIF.

Coinbase isn’t known as a low-cost exchange, with leverage trading fees between 0.4% and 0.6%. However, it occasionally launches promotional offers enabling you to trade perpetual futures for zero maker and taker fees.

Coinbase Key Features

  • Intraday margin rates: Receive higher leverage for futures trading if you conduct your trades on weekdays, between 8 AM and 4 PM ET.
  • Liquidation buffer: The liquidation buffer chart will show you how close you are to liquidation. You’ll be able to check your liquidation buffer before conducting a trade.
  • Derivatives exchange: Coinbase Derivatives is the first CFTC-regulated derivatives exchange that supports leveraged futures contracts trading 24/7.

Pros

  • Trade 160+ perpetual futures with up to 20x leverage
  • Supports 24/7 trading for Bitcoin and Ethereum futures
  • Zero-fee promotions
Cons
Visit Coinbase

Methodology: How We Selected the Best Crypto Leverage Trading Platforms


To identify the best crypto leverage trading platforms in 2025, we tested and compared their services and products. We also rated them based on the following factors:

Leverage Limits (30%)

We ranked exchanges that offer a wide range of leverage options higher on our list, as they provide greater flexibility when managing positions. High leverage amplifies both your potential gains and losses, which is why we gave preference to platforms that offer risk management tools, such as stop-loss and take-profit orders, as well as demo accounts.

Leverage Markets (30%)

Trading on a platform that supports a wide range of leveraged markets will enable you to diversify your portfolio. By investing in various asset classes, including forex, shares, commodities, and cryptocurrencies, you can spread the risks and increase your profit potential. You’ll also be able to adapt your trading strategy to different market conditions.

With that in mind, our list contains platforms that support leverage on various markets, from futures and sports to CFDs and leveraged tokens.

Trading Fees (20%)

Crypto exchanges charge maker and taker fees that vary from platform to platform. The average fees for futures are 0.2% for makers and 0.5% for takers. However, many platforms reduce their fees if their users have a high 30-day trading volume. For example, PrimeXBT’s fees drop from 0.45% to 0.02% if your monthly trading volume exceeds $20,000,000.

On the other hand, you’ll also find exchanges that reduce your maker and taker fees if you use their native tokens. Our list contains both exchanges that utilize a tier-based trading fee model and platforms with native tokens.

Security Features (10%)

Trading with leverage carries high risks, as it can amplify your potential losses. However, trading on crypto exchanges that don’t adhere to security standards represents an even greater danger, as you risk losing all your funds. This is why we only listed exchanges that utilize high security standards, such as cold storage, two-factor authentication (2FA), and withdrawal address whitelisting.

User Experience (10%)

We created accounts on all the above-mentioned exchanges to determine if they’re suitable for beginners, advanced traders, or both. We also contacted their customer support teams to find out how responsive and capable they are in resolving account and trading-related issues. Platforms with clear interfaces and responsive customer support ranked higher on our list, as well as exchanges that offer educational resources and advanced trading tools.

What is Crypto Leverage Trading?


Crypto leverage trading refers to borrowing against your trading assets to create larger trading positions. A leverage trade lets you control a larger amount of assets with a smaller initial investment.

For example, if you have $1,000 in BTC on the platform, the maximum size of your trade without leverage is $1,000. However, when crypto trading with leverage, you can trade larger amounts than you have in your trading account. Alternatively, you can simply use a portion of your trading assets to make leveraged trades, preserving the balance for future trades. You might make a leveraged trade with just $1,000 out of a $50,000 trading balance.

A 2x leverage trade lets you create a $2,000 trade using $1,000 in trading assets. Similarly, 10x leverage lets you make a $10,000 trade using $1,000 of trading assets. Some Bitcoin leverage trading platforms let you trade with much higher leverage of up to 100x or even 200x.

How Does Crypto Leverage Trading Work?


Leverage trading uses your crypto assets as collateral. When you enter a leveraged trade, you choose which assets you’ll use as collateral as well as the amount.

However, the process typically works in reverse, meaning you choose which assets to use and then choose a leverage amount, i.e., 2x, 5x, or another leverage amount. The platform then computes the amount you need in collateral automatically. The collateral used in the trade is called the margin for the trade.

Leverage trading often lets you make trades in either direction, long or short. If your trade goes well and you make a profit, your profit is multiplied by the leverage amount. In a 5x trade, you would make five times the profit compared to a non-leverage trade, if the trade is profitable.

Not all trades make a profit, though, and the margin shrinks as a trade loses money, possibly causing you to lose your margin altogether. Leverage amplifies both gains and losses.

Choosing Leverage Level (2x to 100x+)

Let’s examine some examples of leverage in action and compare them to a non-leveraged trade. We’ll use BTC as an example because it’s well-supported by crypto-leverage trading platforms.

First, we can examine profitable trades using a $1,000 investment. In this example, we’re betting on an increase in the price of BTC to $65,000 based on an entry price of $63,500.

Leverage BTC Entry Price BTC Exit Profit
1x (no leverage) 63,500 65,000 23.62 USD / 2.36%
2x 63,500 65,000 47.24 USD / 4.72%
5x 63,500 65,000 118.11 USD / 11.81%
10x 63,500 65,000 236.22 USD / 23.62%
50x 63,500 65,000 1,181.10 USD / 118.11%
100x 63,500 65,000 2,362.20 USD / 236.22%

With the highest leverage (100x), a $1,000 trade generates a gross profit of $2,362.20. Leverage is a powerful trading tool if the market favors your trade. We have separately explored the best 100x leverage crypto trading platforms and the best 1000x leverage platforms.

Now, let’s look at potential losses. Remember, leverage also amplifies losses. Let’s say the trade isn’t going your way, and you close it or use a stop-loss order. It’s best to preserve trading capital, so the stop-loss is set at just $500 below the entry price.

Leverage BTC Entry Price BTC Exit Loss
1x (no leverage) 63,500 63,000 (7.87 USD / 0.79%)
2x 63,500 63,000 (15.75 USD / 1.57%)
5x 63,500 63,000 (39.37 USD / 3.94%)
10x 63,500 63,000 (78.74 USD / 7.87%)
50x 63,500 63,000 (393.70 USD / 39.37%)
100x 63,500 63,000 (787.40 USD / 78.74%)

At the highest leverage, the trade loses $787.40 with a $500 dip in the price of BTC. Leaving the trade open and incurring more losses could wipe out the entire $1,000 leveraged long position.

At 100x, a 1% move down in price wipes out your $1,000 margin. However, the platform will likely liquidate the position before that. We’ll cover liquidations in just a bit. By contrast, a 5x leverage position requires a 20% loss to lose the position’s margin.

The maximum leverage levels available vary by platform and by trade type. The assets you use as collateral can also play a role in how much leverage you can use. BTC trades often offer the highest maximum leverage limit, with lower leverage levels available for many altcoins.

MEXC offers 200x leverage on BTC, whereas Bybit supports 100:1 leverage for BTC trades. In both cases, these are considered high-risk trades because a sudden market move can trigger a loss. However, you have the option to use any leverage amount up to the maximum.

Placing Your Order

Most crypto leverage trading platforms use a similar trading screen for advanced trades. Choose whether to use isolated or cross margin. Then, choose your leverage amount and the amount of the trade. You can also choose between fixed-price limit orders or market orders. Limit orders usually have lower fees but may not execute right away (or at all).

crypto leverage trade setup

You can also set your stop-loss and take-profit triggers at this step on many platforms.

crypto leverage trading set stop loss and trake profit orders

Interest and Fees

Depending on the type of leverage order you use, you’ll pay one of two types of fees in addition to trading fees. If your position is liquidated, you’ll also pay a liquidation fee in many cases.

  • Spot market margin trades charge a daily interest rate on the borrowed funds.

crypto leverage trading fees

  • Perpetual futures contracts use a funding rate to help keep the contract price close to the spot market price. When the funding rate is positive, longs pay this funding rate to short sellers. When the funding rate is negative, short sellers pay the funding fee to longs.
  • Trading fees vary based on the type of trade. Perpetual futures contracts, for example, typically have extremely low trading fees. However, the fee is charged based on the size of the position, which can add up quickly with high leverage.
  • Liquidation fees are also common, and the amount can be difficult to pin down until you’ve been liquidated and do the math. Bybit, for example, charges a 2% liquidation fee on spot margin orders liquidated by the platform. OKX doesn’t specify the amount but uses the liquidation fee to strengthen its insurance fund.

Liquidation

When leverage trading crypto, liquidation is the largest risk. If your trade value falls below a certain threshold, the platform can sell your position to cover the loss. We discuss this in more detail in a later section on risks.

Leverage vs Margin Trading: What’s the Difference?


Margin is used to create leverage. The terms margin trading and leverage are often used interchangeably. However, there is a nuanced difference. The term margin trading is most often used with spot markets, whereas leverage trading often refers to derivatives trading, such as perpetual futures. Leverage trading can also include other types of products, such as leveraged tokens that don’t require collateral.

  • Spot trades are trades based on the current price “on the spot,” with immediate delivery of the traded assets when the trade completes.
  • Derivatives trades derive their value from a base asset, such as BTC. However, the trade may be settled in another asset. For example, a BTC perpetual futures contract might settle in USDT.

If you’ve ever used a cheater bar to remove a stubborn lug nut, then you understand leverage. It’s a force multiplier, and the further away you are from the fulcrum (1x leverage), the more leverage you have. You can also think of the phrase “margin of error” to understand how margin works in leveraged trades. Basically, the margin in the trade is room for error. That’s how much you can afford to lose in a leveraged trade before the margin collateral you offer is gone.

In reality, you’ll likely be liquidated before the trade uses all your margin. Exchanges and trading platforms set liquidation levels above a certain threshold to avoid uncollectable debts from leveraged trades that went south.

Is Crypto Leverage Trading Safe? The Risks


Leverage trading can create massive gains with a relatively small investment. However, leverage works both ways and multiplies losses, making crypto leverage trading riskier than non-leveraged trades. Let’s look at how the risks can play out, as well as ways to mitigate them to protect your trading capital.

1) Magnified Losses

As we showed earlier, leverage multiplies losses as well as gains. In an earlier example, a non-leveraged $1,000 trade for BTC resulted in a $7.87 loss when BTC’s price fell $500 from $63,500. When using 100x leverage, the loss increased to $787. Small downward price moves can quickly create large losses.

2) Margin Call Risk

A leveraged trade begins with an initial margin requirement but also uses a maintenance margin requirement as a backstop. Maintenance margin is the amount of collateral required to keep the position from being liquidated.

A margin call is a request for additional margin to hold the position open. In stock trading, for example, a broker may request an additional deposit if a leveraged position is endangered due to low margin.

However, in many crypto trading situations, margin calls are either not used or can’t be effective due to the speed at which the market moves. In high-leverage positions, maintenance margin levels can be passed quickly. Instead, it’s possible to see the position liquidated to prevent a loss for the broker or platform.

3) Liquidation Risk

Liquidation refers to when a trading platform sells the margin collateral used to create the leveraged trade. For example, if the leveraged trade used $1,000 of margin collateral and the trade loss nears 100% of that amount, the trading platform will likely liquidate the position to prevent a loss for itself.

Isolated margin limits the risk for a specific trade to a fixed amount rather than using all of your eligible funds on the platform as collateral. MEXC uses the following formula for liquidations in an isolated margin trade:

Position Margin + Unrealized P&L ≤ Maintenance Margin + Liquidation Fees

The formula states that the margin amount plus the position’s profit must be higher than the maintenance margin plus the liquidation fees. If the value falls below that value, the position is liquidated (sold at market value), and the trade is closed.

What Our Expert Says...
Tsvetomir Koychev
Content Lead, Exchanges & Wallets
“Well-placed stop-loss orders reduce the risk of liquidation and preserve capital for future trades. However, it’s possible that your stop-loss triggers and closes the position, followed by a change in price direction immediately afterward. Also, keep in mind that in highly volatile periods, stop loss orders might not trigger on time, leading to larger losses than you've expected.“
Tsvetomir Koychev
Content Lead, Exchanges & Wallets

4) Counterparty Risk

Leverage trading platforms often don’t offer the same transparency that’s possible with spot trading platforms. Although both can be non-transparent, leverage platforms could bring a greater risk of insolvency, particularly during rapid market moves in either direction, which can cause losses for the exchange. 2022 brought the failure of several high-profile crypto trading platforms, including FTX, one of the largest exchanges in the world at the time.

In addition to market volatility, all crypto trading platforms bring some risk in the form of potential hacks or other types of failures.

5) Emotional Stress

Trading with leverage can also be more stressful compared to non-leveraged trades. For example, if you make a $1,000 spot trade to buy BTC, the price of BTC may go down. It may even go to zero one day, but you’ll have plenty of time to save some of your trading capital along the way if you need to sell. By contrast, with a leveraged trade, the $1,000 invested in the trade could be gone nearly instantly. For many traders, leverage trading is a much more stressful way to trade.

Most of the risks associated with leverage trading center on the amount of leverage used, with higher levels of leverage creating more risk, and likely more stress. To mitigate the risk of trading capital, consider trading with lower leverage ratios and choose when to use leverage carefully.

Conclusion – The Best Leverage Trading Platform for Crypto


We hope our guide has helped you find a crypto leverage trading platform that best suits your trading skills. We listed platforms that offer a wide range of leverage options, from 5x to 500x, to meet the needs of both beginners and professional traders. Furthermore, we gave an advantage to platforms that support a large number of leveraged markets and that offer competitive fees.

Based on our research, we rank CoinFutures as the best crypto leverage trading platform in the roundup. It offers 1,000x leverage on top assets, low fees, and a beginner-friendly interface. It’s also the top platform for users who value their privacy and want to trade anonymously.

Visit CoinFutures

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