Coinbase is a US-based crypto exchange for cryptocurrency trading and interaction, founded in 2012. Coinbase is available in the US and over 100 countries worldwide, with a quarterly trading volume of around $439 billion, total assets of $404 billion, and 245,000 ecosystem partners.

The platform offers a futures trading product called Coinbase Advanced (formerly Coinbase Pro, its improved version launched in 2022), which supports standard futures as well as perpetual futures on over 49 trading pairs. Coinbase Advanced stands out with its easy-to-use interface, featuring advanced charts powered by TradingView, complete with essential indicators and other technical analysis tools. The platform also has a tiered program for traders to reduce fees, where users can lower maker fees to zero and taker fees to 0.05% based on monthly trading volume. All perpetual futures pairs on Coinbase are settled in USDC. Additionally, traders can trade COIN50, an index from Coinbase that includes 50 leading cryptocurrencies.

Margex is a crypto exchange founded in 2019 by former traders. The platform has over 500,000 users across more than 150 countries. Margex offers futures trading with high liquidity, featuring an order book depth of over $50,000,000. It also boasts a high-performance trading system capable of processing up to 100,000 trades per second with an average order execution time of less than 8 ms.

Margex allows both beginners and experienced traders to trade perpetual futures with 49+ trading pairs and leverage up to 100x. Margex’s unique order system lets traders hold multiple positions on the same asset, either aligned or opposing, without merging them. Margex also features an intuitive interface and a convenient mobile app for futures trading.

BloFin is a crypto exchange offering spot and futures crypto trading, founded in 2019 by Matt, who is also the founder of TokenInsight. BloFin is known as one of the fastest-growing exchanges, helping users enter the cryptocurrency market with a trustworthy trading system.

BloFin offers a high-performance and powerful perpetual futures trading platform with over 466 trading pairs, strong liquidity, and leverage up to 150x. In addition to providing all the essential tools, including various order types, demo trading for beginners, and high-quality charting, BloFin stands out for allowing trading without KYC, with the ability to withdraw up to 20,000 USDT per 24 hours. BloFin regularly lists new altcoins and opens perpetual contracts for them, while also organizing various campaigns for its users, offering trading fee discounts from 50% to 100%. This provides traders with the opportunity to enhance their overall trading experience.

Binance is the largest crypto exchange, founded in July 2017 by Changpeng Zhao (CZ). It has grown into a leading crypto ecosystem with a wide range of trading products and cryptocurrency services, boasting over 240 million users worldwide and approximately $65 billion in daily trading volume.

Binance offers a comprehensive futures trading platform, including standard futures, inverse futures (including USDC-M), and perpetual futures, with over 496 trading pairs and leverage up to 125x. Binance stands out for its high liquidity and fast matching engine, ensuring tight spreads and quick order execution. Additionally, Binance provides one of the most feature-rich futures trading terminals, allowing traders to use advanced order types, various margin modes (Multi or Single Asset), and track their performance and trading progress through the PNL analysis feature. Traders can also monitor detailed statistics for USDT-M and COIN-M futures with visualized data.

Bybit is a crypto exchange founded in 2018 by Ben Zhou. Today, it has grown into one of the largest ecosystems, offering various crypto-related products, including futures trading. In 2024, Bybit became the world’s second-largest crypto exchange and now serves over 65 million users across more than 195 countries.

Bybit offers comprehensive futures trading, including standard expiry futures on BTC and ETH, perpetual futures, and inverse futures, including USDC-M. The platform provides high liquidity and a wide selection of over 660 trading pairs—more than many competitors. Bybit also supports leverage up to 100x, allowing traders to amplify their positions. The exchange features an integrated TradingView chart with a full suite of technical analysis tools. Additionally, it offers advanced order types, enabling effective risk management. Bybit also has a well-developed system for tracking trading statistics, making the trading experience more professional.

BingX is a crypto exchange founded in 2018, offering a wide range of trading and cryptocurrency-related products, including futures. With a global user base exceeding 20 million, BingX is recognized as a trustworthy platform with multiple industry awards, major partnerships, and key milestones:

• Awarded TradingView’s Best Crypto Exchange in 2021, 2022, and 2023.
• Blockchain Life 2024 Centralized Crypto Exchange of the Year.
• In 2024, BingX saw a 185% increase in trading volume compared to 2023 and expanded its global user base to over 20 million.

BingX offers a diverse range of futures trading options, including standard futures, perpetual contracts, inverse contracts, and coin-margined futures. The exchange also features a zero slippage trading mechanism, ensuring that users’ futures orders are executed precisely at the set price. Additionally, BingX provides a unique Guaranteed Price feature, which ensures that trades are executed at the specified prices even during periods of high volatility—an essential advantage for futures traders. The exchange offers over 400 trading pairs and leverage of up to 125x, which is slightly higher than what many platforms provide.

Plus500 is a global fintech firm specializing in online trading founded in 2008. It is listed on the London Stock Exchange and provides access to several financial instruments through three platforms, which include Plus500CFD, Plus500Invest and Plus500Futures. The company’s headquarters are located in Israel; Plus500 is regulated by multiple authorities: FCA, CySEC, CFTC and ASIC.

Plus500 currently offers three platforms: Plus500CFD with more than 2800 CFD instruments (shares, forex, commodities, cryptocurrencies, indices, options and ETFs), Plus500Invest with more than 2700 shares (available in certain countries), and Plus500Futures- a futures platform available in the US only. Trading with leverage comes with a high risk and may not be suitable for everyone.

Kraken is a crypto exchange that offers crypto futures trading, launched in 2011. Over the years, Kraken has grown into a major platform with more than 13 million users worldwide. It was also named the Best Crypto Exchange of 2024 by Forbes.

Kraken Pro offers spot, margin, futures, and perpetual futures trading with high efficiency and deep liquidity. One of its key features is the ability to fully customize the trading interface, allowing traders to create personalized layouts for a more convenient experience. While tracking trading results has some limitations, the exchange provides a wide selection of over 442 trading pairs, advanced trading analytics tools, and support for various order types.