Saturday, May 18, 2024

Uncovering the Top 10 Players in Cryptocurrency Futures Trading

 


Overview of Cryptocurrency Futures Exchanges

Cryptocurrency futures exchanges are specialized trading platforms that allow investors to trade contracts based on the future value of various cryptocurrencies. These contracts, known as futures contracts, represent an agreement between two parties to buy or sell a particular cryptocurrency at a predetermined price and time in the future.

The top 10 cryptocurrency futures exchanges

1. Binance Futures:

  • Fees: 0.02% — 0.04% maker and taker fees, reduced with Binance (BNB) holding
  • Trading Volume: $62.63 billion in 24 hours (as of September 2021)
  • Leverage Options: Up to 125x leverage on select cryptocurrencies
  • Supported Cryptocurrencies: Bitcoin, Ethereum, Ripple, Binance Coin, and more
  • Security Measures: Multiple security layers including 2FA, cold storage, and regular audits

2. Huobi Futures:

  • Fees: 0.02% — 0.20% maker and taker fees, reduced with Huobi Token (HT) holding
  • Trading Volume: $48.94 billion in 24 hours (as of September 2021)
  • Leverage Options: Up to 125x leverage on select cryptocurrencies
  • Supported Cryptocurrencies: Bitcoin, Ethereum, Litecoin, EOS, and more
  • Security Measures: Multiple security layers including 2FA, cold storage, and regular audits

3. Bybit:

  • Fees: 0.075% maker and taker fees
  • Trading Volume: $30.56 billion in 24 hours (as of September 2021)
  • Leverage Options: Up to 100x leverage on select cryptocurrencies
  • Supported Cryptocurrencies: Bitcoin, Ethereum, Ripple, EOS, and more
  • Security Measures: Multiple security layers including 2FA, cold storage, and regular third-party audits

4. FTX:

  • Fees: 0.02% — 0.07% maker and taker fees
  • Trading Volume: $11.67 billion in 24 hours (as of September 2021)
  • Leverage Options: Up to 101x leverage on select cryptocurrencies
  • Supported Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Solana, and more
  • Security Measures: Multiple security layers including 2FA, cold storage, and regular third-party audits

5. OKEx Futures:

  • Fees: 0.02% — 0.08% maker and taker fees
  • Trading Volume: $10.53 billion in 24 hours (as of September 2021)
  • Leverage Options: Up to 100x leverage on select cryptocurrencies
  • Supported Cryptocurrencies: Bitcoin, Ethereum, Cardano, Polkadot, and more
  • Security Measures: Multiple security layers including 2FA, cold storage, and regular third-party audits

6. Kraken Futures:

  • Fees: 0.02% — 0.05% maker and taker fees
  • Trading Volume: $6.89 billion in 24 hours (as of September 2021)
  • Leverage Options: Up to 50x leverage on select cryptocurrencies
  • Supported Cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and more
  • Security Measures: Multiple security layers including 2FA, cold storage, and regular third-party audits

7. BitMEX:

  • Fees: Up to 0.075% maker and taker fees
  • Trading Volume: $4.64 billion in 24 hours (as of September 2021)
  • Leverage Options: Up to 100x leverage on select cryptocurrencies
  • Supported Cryptocurrencies: Bitcoin, Ethereum, Ripple, Bitcoin Cash, and more
  • Security Measures: Multiple security layers including 2FA, cold storage, and regular third-party audits

8. Deribit:

  • Fees: 0.02% — 0.075% maker and taker fees
  • Trading Volume: $3.21 billion in 24 hours (as of September 2021)
  • Leverage Options: Up to 100x leverage on select cryptocurrencies
  • Supported Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and more
  • Security Measures: Multiple security layers including 2FA, cold storage, and regular third-party audits

9. Bitfinex:

  • Fees: 0.02% — 0.06% maker and taker fees
  • Trading Volume: $2.31 billion in 24 hours (as of September 2021)
  • Leverage Options: Up to 100x leverage on select cryptocurrencies
  • Supported Cryptocurrencies: Bitcoin, Ethereum, Ripple, Litecoin, and more
  • Security Measures: Multiple security layers including 2FA, cold storage, and regular third-party audits

10. BitMax:

  • Fees: 0.04% — 0.08% maker and taker fees, reduced with BitMax Token (BTMX) holding
  • Trading Volume: $2.30 billion in 24 hours (as of September 2021)
  • Leverage Options: Up to 100x leverage on select cryptocurrencies
  • Supported Cryptocurrencies: Bitcoin, Ethereum, Ripple, Litecoin, and more
  • Security Measures: Multiple security layers including 2FA, cold storage, and regular third-party audits

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