Best Bitcoin Futures Exchange in 2025

Best Bitcoin Futures Exchange 2025 – List

When it comes to getting the best Bitcoin futures exchange for smooth and secure trades, consider the following:

1. ➡️ MEXC: With MEXC, you can trade perpetual futures that are settled in USDT, USDC, or crypto. The site supports Bitcoin futures and over 1,200 other futures contracts.
2. ➡️ Kraken: This platform offers deep liquidity, allowing you to trade large volumes at stable prices. Even better, it supports over 100 multi-collateral futures contracts.
3. ➡️ Margex: You can trade perpetual futures on Margex with up to 100x leverage.
4. ➡️ OKX: This Bitcoin futures exchange supports both perpetual and expiry futures. Even better, you can trade them with leverage.
5. ➡️ Coinbase: Coinbase offers 24/7 Bitcoin futures trading on its advanced trading platform.
6. ➡️ BingX: Join BingX to trade derivatives like perpetual and standard futures. The futures are also settled in USDT or USDC.
7. ➡️ Bybit: With Bybit, you’ll get AI-powered trading through its proprietary TradeGPT. The platform also features trading bots.
8. ➡️ Binance: Binance is a global leader when it comes to cryptocurrency trading. It offers futures you can settle in USDT, USDC, or other cryptocurrencies.

1. MEXC

MEXC is an award-winning crypto trading platform with over 10 million users globally. The service is available in over 170 countries, and you can do several things on it, from trading to earning airdrops and participating in events. What’s even better is that you can trade with extremely low fees that can go down to 0% in some instances.

When it comes to using MEXC as a Bitcoin futures exchange, you can do so by trading the USDT-M, USDC-M, or Coin-M perpetual futures. Beginners can use the demo trading option to simulate USDT-M trades before going into the real trading session. This feature impressed us during our review and is something we recommend for those new to crypto exchanges.

Since Bitcoin futures are not actual tokens but contracts, you don’t need a wallet to store them. You can continue trading and effortlessly withdraw your profit at any time.

Another impressive part of using MEXC is that you can trade Bitcoin perpetual futures with up to 500x leverage. The makers pay 0% fees, while the takers’ fee rate is 0.04%.

You’ll get real-time price tracking with advanced charts and trading analytical tools. These tools are handy in customizing the chart to show what you want.

MEXC also provides risk limits and the trading rules for the Bitcoin perpetual futures. Even better, you can still copy the futures trades of other professional traders on the platform.

Besides being a Bitcoin futures exchange, MEXC is also an excellent platform to trade spots. You can get high-quality assets for your spot trades and even enjoy 0% fees for pre-market trading. The latter allows you to access new token releases earlier than the general market.

Registering with MEXC comes with a bonus. You will also participate in airdrops.

MEXC Notable Features

• ➡️ Early listings: MEXC is a leading exchange when it comes to listing new tokens before other platforms.
• ➡️ High leverage on futures contracts: The platform supports leverage trading on futures contracts. That includes up to 500x on BTC and ETH futures.
• ➡️ Copy trading: You can copy the trading strategies of elite traders. Even better, you can see their futures contracts and copy them.
• ➡️ High liquidity: The deep liquidity on the platform allows you to execute large trade volumes without destabilizing the market.
• ➡️ Trading engine: MEXC uses a high-performance trading engine that can effortlessly execute a high number of trades per second.

Pros and Cons

Pros	Cons
Market makers get 0% trading fees when trading futures The platform has relatively low fees for futures trading MEXC supports high leverage to extend your profit margin You can settle futures trades in USDT, USDC, and other cryptocurrencies The user interface is beginner-friendly	The customer support is less than ideal Some users have reported withdrawal difficulties, especially during peak withdrawal hours

2. Kraken

Like MEXC, Kraken is another platform where you can get deep liquidity to execute large-volume trades at stable prices. The platform has a quarterly trading volume of over $207 billion. It serves over 15 million clients and has expanded to over 190 countries since its establishment in 2011.

With Kraken, you can buy and sell over 420 cryptocurrencies with ease. It is an ideal platform to build a portfolio and reward structure through token staking. The platform provides weekly rewards on several tokens, including Cardano, Ethereum, Polygon, Polkadot, and many other leading cryptocurrencies.

The Kraken Pro app is the platform where you get all the features, including Bitcoin futures. However, note that you’ll need an intermediate or pro verified trading account to access futures trading. Also, you don’t have to use the Pro trading platform, as the regular Kraken Futures Trading platform is also more than enough.

Kraken doesn’t just offer futures trading, but also offers a multi-collateral advantage. You have a variety of collateral options to be flexible when opening new or maintaining current positions. For example, you can open a position on BTC/USD and use USDT as collateral. Even better, you can convert your profits into any currency of your choice.

This trading platform impressed us even further during our review. First off, you can trade Bitcoin futures with leverage. This approach allows you to amplify your buying or selling power, which indirectly amplifies your potential returns.

Kraken also features a new margin mode functionality. This feature allows you to trade futures using isolated margin to limit your downside per contract. You can also use cross-margin to engage all your collateral across the trades.

All these features will be accessible once you transfer funds into your Kraken account.

Kraken Notable Features

• ➡️ Market hedging: Kraken allows you to use Bitcoin futures as a hedge against spot market volatility.
• ➡️ Currency pair futures trading: You can use your multi-collateral futures wallet with nine different collateral options.
• ➡️ Margin trading: This approach allows you to maximize your portfolio by trading with leverage.
• ➡️ OTC trading: You can effortlessly make large-volume trades over the counter. This approach is ideal for businesses or institutions.

Pros and Cons

Pros	Cons
Kraken allows users to convert their profits to any currency The platform offers world-class liquidity that allows you to match margin trades with low slippage There is a low trading fee margin on cryptos The user interface is intuitive	You might get limited functionality depending on your location There are limited fiat deposit and withdrawal options

3. Margex

With Margex, you can trade Bitcoin futures with up to 100x leverage. It is a Bitcoin futures exchange that is user-friendly, simple, and convenient for new and professional traders. What makes trading Bitcoin futures even better on this platform is that you can adjust your leverage at any point with the platform’s isolated margin.

When it comes to the deposit options, Margex supports various options. It is not just a platform where you can buy crypto with PayPal, Apple Pay, credit cards, and other fiat options. You can also fund your futures trading account with several cryptocurrencies, including Tether, USD Coin, and Tron.

You can trade Bitcoin futures using virtual currencies as collateral. There are no hidden fees or shadow commissions when you do so. Even better, the platform allows new users to trade Bitcoin futures without revealing much information about themselves.

Margex removes price manipulation and unwanted risks via its MP Shield AI-based system. This system removes the risk of price manipulations and unfair liquidation of positions during sudden, unnatural market moves. As such, the Bitcoin futures always track the spot price of the underlying asset.

As a Bitcoin futures exchange, Margex supports several futures trades. First, you can go with standard Bitcoin futures, which include a timeframe. This option also supports virtual currencies, metals, and securities. At the expiration date, the parties must buy or sell the underlying asset.

While standard Bitcoin futures are suitable for assets with low volatility, they do fall short of potential returns. Another option that can help you make fast gains is perpetual Bitcoin futures. But note that this option is riskier, depending on the amount of leverage and margin you use in the trade.

Unlike MEXC, Margex has fees for both makers and takers. The fees also cover limit and market orders.

Margex Notable Features:

• ➡️ Live demo: You can use the live demo to learn more about this Bitcoin futures exchange before making your first trade.
• ➡️ Copy trading: With this feature, you can copy trades on autopilot with one click. It is the best option to follow the trading strategies of elite traders.
• ➡️ Options contract: This option is a viable alternative to futures contracts. You can still use it to speculate on Bitcoin’s price.

Pros and Cons of Margex

Pros	Cons
Margex supports leverage trading with up to 100x Deposits and withdrawals are smooth on the platform You can get advanced trading tools Perpetual futures are available on the platform You can use cross-margin to offset some unrealized losses	The lack of core regulation may raise security and legitimacy concerns

4. OKX

Trading Bitcoin futures with OKX is a smooth-sailing experience. We had an easy time on the platform, from fast order executions to deep liquidity, but there’s more. OKX not only offers Bitcoin futures but also provides leverage up to 100x.

As a Bitcoin futures exchange, OKX supports perpetual futures and delivery futures contracts. It does that for Bitcoin and a good range of cryptocurrencies, including the major ones.

Other tools are available to give you an edge in your Bitcoin futures trading. These include futures grid, futures DCA, and trading bots. For the bots, you can create yours and customize it to your preference, or buy a trading bot from the marketplace. Note that if you have little trading skills, then buying a trading bot is your ideal choice for a start.

Besides Bitcoin futures, OKX also supports spot and options trading. The latter allows you to capitalize on market volatility. You have simple options and the options chain.

One more thing that makes OKX an exceptional choice for trading futures is that the platform supports pre-market futures. Here, you can trade new ICOs and cryptos before they become increasingly popular in the public space. Note that this market differs from the regular futures market.

OKX has comprehensive regulatory compliance. It also has a thumbs-up from reputable security firms, Slowmist and Certik. As such, it is a secure platform for trading Bitcoin futures without worry.

Note that trading fees apply to futures market makers and takers. The makers get a lower charge than the takers. As for options trading, the platform has a fixed fee for them.

Bitcoin isn’t the only cryptocurrency you can trade on OKX. You can trade over 350 more and explore over 400 trading pairs on the platform.

OKX Notable Features

• ➡️ Marketplace: This section allows you to copy other traders, particularly expert traders. You can copy their futures trades or their options trades.
• ➡️ Liquid marketplace: We recommend this section to pro and institutional traders as it provides an OTC liquidity network.
• ➡️ Managed trading sub-accounts: You can manage sub-accounts on OKX in addition to your primary trading account.
• ➡️ P2P trading: This section allows you to trade directly with other traders. Even better, you can trade with zero fees and use over 100 payment methods to fund your trades.
• ➡️ Web3: OKX offers a Web3 wallet that you can use to access over 150 chains and interact with more dApps, DeFi, and even NFTs.

Pros and Cons of OKX

Pros	Cons
OKX supports over 100 fiat payment options on its P2P platform You can store your cryptos on the OKX wallet, where you can access over 150 chains P2P trading on OKX comes with zero fees You can connect with TradingView to trade directly with supercharged charts OKX has powerful APIs	You cannot withdraw fiat to your bank account Customer service is still unreliable for 24/7 support

5. Coinbase

With Coinbase, you can leverage your trades, hedge your risks, and do even more when trading futures. The platform is an excellent option when diversifying your portfolio. Even better, the platform features regulated futures contracts for retail investors.

Note that the futures market is available on Coinbase Advanced. The market is offered by Coinbase Financial Markets, a member of the NFA, and is subject to its regulations and oversight.

You can trade Bitcoin Futures 24/7 at Coinbase. This advantage allows you to react to price movements at any time, instead of waiting for markets to come back online.

Coinbase offers futures contracts not just on Bitcoin but on 18 other cryptos, energy, and metals. You can access all that on one powerful interface or API. However, note that 24/7 futures trading is not available on all assets. Some assets are only available six days a week, from Sunday to Friday. Only Bitcoin and Ethereum are available seven days a week and for 24 hours.

There is an impressive learning section that beginners can use to get up to speed with futures trading. You can learn about leverage in trading, using futures contracts in a bear market, and even hedging your trades with futures contracts. Still, there are a lot more tutorials to help you. But always remember that trading futures contracts is a risk.

Coinbase does well as a Bitcoin futures exchange. But that isn’t the only thing it is good at. The platform is also an excellent option for trading actual cryptocurrencies with professional-grade tools.

You can also move your business into the blockchain era by accepting cryptocurrency payments via Coinbase. The platform can get you started in no time. Crypto trading and payments for startups are also available.

Coinbase Notable Features

• ➡️ NFT marketplace: With Coinbase, you can create and trade your NFTs with ease. The platform supports NFT storage as well.
• ➡️ Coinbase card: This card works like your regular Visa debit card, allowing you to spend crypto or cash and earn rewards
• ➡️ Data marketplace: You can use this section to get simplified access to cryptocurrency data, including listings.
• ➡️ Coinbase Wallet: This wallet can help you store your crypto and access dApps like those for P2P trading.

Pros and Cons of Coinbase

Pros	Cons
The platform offers regulated futures trading Coinbase has quick transaction speeds and powerful charting tools via TradingView It is an excellent choice for individuals and businesses	The trading fees are relatively high, except for Coinbase One There is no P2P trading on the Coinbase exchange

6. BingX

BingX offers standard futures to regular traders. If you are a first-time Bitcoin futures trader, you can use the Futures Kickoff to trade futures with one click. Still, you have to keep the risks in mind.

Besides standard futures, you can opt for USD-M and Coin-M perpetual futures. This option is ideal for advanced traders, as you can settle your trades in USD or use crypto as your margin. All these are available in the derivatives section on BingX.

Spot and copy trading are also available on BingX. For spot trading, BingX includes regular spot trading and ChainSpot, where you can trade all chains.

A launchpad is available in the spot trading session. This section is where you can get new cryptos on BingX. It is a helpful section if you prefer investing in new crypto presales instead of more established tokens. Note that this section is different from the launchpool, where you can earn profits at zero cost. Even better, you can stake and unstake at any time on the launchpool.

Pre-market trading is also available on BingX. This option is an ideal choice for institutional investors, as it supports OTC traders. With OTC trades, you can trade a large volume of cryptos, more than what typical individual traders will do.

Besides trading, BingX is quite popular for its airdrops. These airdrops typically come from new token listings. As such, you can invest in new tokens and still get even more tokens via airdrops.

An extensive airdrop guide is available to keep you updated with new token airdrops. The guide will show you what to do to participate in the airdrops.

BingX Notable Features

• ➡️ Leverage futures: You can trade futures contracts with up to 125x. BingX supports long and short positions.
• ➡️ Grid trading: This feature allows you to create your trading strategies and profit from spot and futures grid trading.
• ➡️ Copy trading: With BingX, you can copy the trading strategies of elite traders. If you are an elite trader, you can join the crypto trading community as well to share your trading strategies with other traders.
• ➡️ P2P trading: This section allows you to trade cryptocurrencies using bank transfers and other local payment options. You can also trade with minimal fees, as P2P trading does not require a middleman.

Pros and Cons of BingX

Pros	Cons
BingX has a user-friendly interface that works smoothly for beginners and elite traders You can trade over 1,000 cryptocurrencies on BingX The platform has anti-phishing codes, biometric authentication, and cold storage of crypto assets Grid trading allows you to capture profitable opportunities automatically The XPool allows you to stake assets and earn from them	Futures trading is available in select regions

7. ByBit

Trading Bitcoin futures offers several opportunities. These include hedging against market risk and even amplifying your position for more potential gains using leverage. You can do all of that by using Bybit, another notable Bitcoin futures exchange to consider in 2025.

Bybit offers Bitcoin features quoted and settled in USDC. You can also get perpetual and futures contracts settled in USDT and other cryptos.

If you trade Bitcoin futures with Bybit, then the minimum order you must place is 0.001 BTC. Bybit supports up to 50x leverage on these contracts, and settlement comes every 8 hours, starting from 12 am.

Like Coinbase, Bybit offers futures contracts 24 hours a day, seven days a week. Delivery fees are zero, and you have several contract variations to pick from. These include weekly, biweekly, and even bi-quarterly. Note also that you need a unified trading account to access Bitcoin futures or any other futures contract.

Besides Bitcoin futures trading, Bybit is well known for its AI-driven trading tools, including the TradeGPT. With the lens feature, you can get AI-driven coin analysis, data insights, and smart decision-making. When needed, you can always chat with the personal investment assistant on board.

Trading bots are also available on Bybit. These bots can further enhance your trading capabilities by automating several sections. They can provide timely decisions and executions when needed, especially if you have other things to attend to.

When it comes to actual crypto trading, Bybit supports fiat and crypto deposits alike. So, you can top up your balance with a bank transfer or deposit crypto directly from your wallet to the platform. Both worked flawlessly during our review, and you can use the Bybit wallet, which is one of the best non-custodial wallets to get in 2025.

Bybit Notable Features

• ➡️ Bybit Web3: This section allows you to connect your wallet and interact with Web3 features. You can access airdrops, explore dApps, and even store crypto on the Bybit wallet.
• ➡️ Spot trading: Bybit supports spot trading with up to 10x leverage. You can even catch trades with zero fees.
• ➡️ Options trading: This feature allows you to trade options contracts settled in USDT or USDC.
• ➡️ TradeFi: With TradeFi, you can maximize your traditional product trades using USDT on MT5. The feature also allows you to trade with up to 500x leverage.

Pros and Cons of Bybit

Pros	Cons
Bybit offers low and competitive fees for its trades You can get zero fees on select spot trades Copy trading and trading bots are available The platform publishes regular proof of reserves to improve investor confidence There’s multi-lingual 24/7 customer support on the platform	The platform still faces regulatory challenges in specific regions There is no blanket FDIC insurance on user funds, even though the platform publishes its proof of reserves The reputation is still low because of the past security breach

8. Binance

Binance offers over 250 futures and options contracts on its platform. You can trade coin-M and USD-M futures, but there’s more. The Bitcoin futures exchange has the exclusive Binance Futures Traders League, where you can compete for a share in the 3 million USDT reward pool. How long the competition will last is up to the exchange.

Now, back to trading futures on Binance. You’ll get several advanced trading tools to trade futures, and you can also use margin mode to amplify your position. The transaction fees for trading futures are among the lowest in the industry, including the tight bid/ask spreads.

Binance offers its futures trading services across its app, web, desktop, and API platforms. As such, you can trade anywhere with any platform that is best suited to the situation. Even better, Binance uses an industry-leading matching engine that provides the best market and liquidity and supports high transactions per second.

You can use the portfolio margin program to broaden margin scope. The new scope will now include balances on the cross-margin, USD-M futures, and COIN-M futures wallets as one collateral.

Binance isn’t just a notable choice when it comes to trading Bitcoin futures. The platform also excels in other areas like spot trading, P2P trading, margin trading, and copy trading. 

You can use trading bots on Binance to perfect your automated trading strategies. The bots are fast and reliable, and like other platforms offering trading bots, you can create yours on Binance or buy one. In a few steps, you can set up your algorithmic bot and automate your orders.

Binance Notable Features

• ➡️ Earn features: Binance provides different ways to earn, from simple to advanced earning support. With these, you can get passive income from over 300 crypto assets on the platform.
• ➡️ Convert and block trade: This feature allows you to convert cryptocurrencies and trade at all sizes. The block trade option is available for the P2P trading section.
• ➡️ Alpha: This feature gives you access to Web3. It is one way to interact with dApps and other Web3 features if you don’t want to use a wallet.

Pros and Cons of Binance

Pros	Cons
The P2P section allows you to trade cryptocurrencies via bank transfers and over 800 other options You can increase your profits with leverage via margin trades Binance offers high liquidity as it is the largest crypto exchange by trading volume You’ll get advanced trading tools and charts There’s a launchpad for new tokens Binance supports NFTs as well	Features are limited in certain regions The platform still faces regulatory challenges in certain jurisdictions

What is a Bitcoin Futures Exchange?

A Bitcoin futures exchange is simply a trading platform that allows you to speculate on BTC’s price without actually owning the asset. They bring buyers and sellers of Bitcoin futures contracts together, allowing you to trade more efficiently.

Exchanges in this category typically provide other crypto trading options, like options and margin trading. They may also provide P2P trading and copy trading. But the best exchanges go further than that.

You’ll have deep liquidity, fast order execution engines, and smooth deposit and withdrawal options. You may also get leverage to amplify your position for higher profit margins.

The typical features of a Bitcoin futures exchange that make the futures contract trading work include the following:

• ➡️ A matching engine: This engine matches buy orders with sell orders, allowing trade to be conducted.
• ➡️ An order book: With the order book, you’ll find the current buy (bid price) and the sell (ask price) for different Bitcoin futures contracts.
• ➡️ Trading interface: This interface is where you can view charts, analyze market data, manage your position, and place different order types.
• ➡️ Margin system: The exchange provides this system to manage your collateral, which is required to keep your futures contract open.

Bitcoin Futures Trading Strategies

A few strategies you can use on a Bitcoin futures exchange include the following:

• ➡️ Trend following: You’ll need technical indicators like moving averages to identify the trend. Then, all you have to do is ride along with the trend for as long as possible. Note that you’ll have to time your entry and exit positions to maximize your gains.
• ➡️ Reverse on the mean: Technical indicators like the relative strength index will show overbought or oversold conditions. These deviations from the historical average can be an excellent opportunity to enter the market. The strategy primarily depends on, first, a significant deviation, and second, a return to the norm.
• ➡️ Enter with pullbacks: This strategy is similar to the mean reversion. However, you don’t wait for significant deviations. You simply enter the market during small reversals, expecting the market to return to the original trend. Think of it as buying low during a brief dip.