Hottest Crypto Futures Trading Platforms In December 2024

Digital assets have witnessed many ups and downs in its development history. Luckily, in November 2024, following Donald Trump’s epic victory in US election, the whole crypto market once again ignites huge excitement and bullish sentiment. Among them, Bitcoin (BTC), the largest crypto by market cap, hits an all-time high (ATH) of $103,600 on Thursday, December 5, during early Asian trading hours.

Amid such a bull run development, more and more savvy investors are shifting their focus to crypto trading for huge return. Crypto futures trading, a popular trading method that allows investors to access a wider range of tokens, build complex risk management strategies, and leverage their capital to make bigger trades, is rapidly drawing great attention of large number of crypto enthusiasts.

However, to engage in crypto futures trading, it’s crucial to choose the right futures trading platform to ensure investors, especially for beginners, to get access to a wide range of assets, low fees, insightful trading tools, and more. In this guide, we’ll introduce the five best crypto futures trading platforms in December 2024. Keep reading to find the best platform for your crypto futures trading!

＼Trade On BTCC With 10 FREE USDT!／

Table of Contents

What is Cryptocurrency Futures Trading?

How Does Crypto Futures Trading Work?

Type of Crypto Futures Markets

Pros & Cons of Trading Crypto Futures

How to Select the Best Crypto Futures Trading Platforms for Crypto Trading?

Best Cryptocurrency Futures Trading Platforms In December 2024

Binance

MEXC

OKX

PrimeXBT

BTCC (Most Recommended)

Best Crypto Futures Trading Platforms Comparison

Conclusion

How to Trade Crypto Futures on BTCC?

＼Trade On BTCC With 10 FREE USDT!／

What is Cryptocurrency Futures Trading?

Crypto futures trading refers to a market segment that allows traders to engage in speculation regarding the future pricing of cryptocurrencies. For instance, a trader may buy a futures contract requiring them to purchase Bitcoin at a predetermined price in the future.

These crypto futures contracts empower traders to lock in prices and hedge their risk in the crypto market. Contracts are standardized and traded on crypto exchanges, making it easy for traders to buy and sell futures for a wide range of tokens.

One of the main benefits of crypto futures is that they permit leverage trading. For example, at BTCC, you can trade futures with leverage of up to 500x.  That being said, crypto futures trading is among the best trading methods for savvy traders looking for huge returns.

How Does Crypto Futures Trading Work?

Crypto futures contracts are agreements to purchase a specific cryptocurrency asset at a predetermined price on a designated date and time in the future. Upon the arrival of the contract’s expiration date, the trader or exchange that issued the contract will transfer the specified tokens to the holder of that contract.

In practice, however, token transfers are infrequent. The majority of crypto futures contracts are classified as “perpetual,” meaning they do not have an expiration date and can be continuously rolled over into new contracts indefinitely. A funding rate—a fee applicable for as long as the contract is held—ensures that the value of the contract remains consistent as it approaches its agreement date.

Consequently, crypto futures are primarily traded as speculative instruments regarding future price movements of cryptocurrency tokens. Traders can buy and sell perpetual futures contracts without needing to own or take possession of the underlying asset, thereby simplifying participation in the futures market for all parties involved.

Type of Crypto Futures Markets

There are several different types of crypto futures that can be traded. Each has its own rules regarding expiry dates, settlement, and price movements.

This includes:

• Perpetual Futures: The majority of cryptocurrency futures platforms support perpetual contracts, which do not possess an expiration date, enabling traders to maintain their positions for a long term. These perpetual futures typically come with a huge range of supported markets.
• Delivery Futures: Conversely, some traders prefer to speculate on delivery futures, which come with a predefined expiration date, often ranging from one to twelve months in advance. Delivery futures can be sold before the expiry date, which is crucial for risk management.
• Inverse Futures: Another type of contract is inverse futures, which are non-linear and settled in the underlying cryptocurrency. This characteristic amplifies both the potential rewards and risks associated with trading.

Regardless of the futures contract type selected, all options allow for leverage and short-selling.

Pros & Cons of Trading Crypto Futures

While trading crypto futures presents many benefits, it is also essential to acknowledge its potential drawbacks. Below is a concise overview of the advantages and disadvantages of trading crypto futures compared to spot tokens.

How to Select the Best Crypto Futures Trading Platforms for Crypto Trading?

There are a lot of factors we should consider when choosing the best crypto futures trading platforms. Here are some of the most important metrics we used to select the best crypto futures trading platform.

• Security and licensing: Choose a platform that lays great emphasis on security and complies with relevant regulations in your region. This ensures that the platform operates legally and adheres to certain standards of conduct.
• Supported contracts: It is crucial to select a platform that offers a wide range of futures contracts on various cryptocurrencies. This enables you to diversify your portfolio and take advantage of different market opportunities.
• Trading fees: Most exchanges charge a maker/taker fee structure with fees around 0.020%/0.050%. Looking for platforms that offer competitive trading fees and commissions can significantly increase your overall profitability.
• Leverage: Leverage enables investors to take large positions with a small amount of capital and use their capital more strategically. Therefore, choosing a platform with high leverage is also significant.
• User experience: Choose a platform with an intuitive and user-friendly interface. This makes it easier to navigate and execute trades quickly.

Best Cryptocurrency Futures Trading Platforms In December 2024

After knowing what crypto futures trading is and its advantages and disadvantages. If you are still interested in crypto futures trading, keep reading to know the best crypto futures trading platform we select for this December.

Binance

Binance stands as the preeminent cryptocurrency exchange globally and a dominant force in the realm of crypto futures. The platform provides perpetual and quarterly futures contracts, with settlement options in USDT, BUSD, or the respective underlying cryptocurrency. With support for over 600 futures markets, like Bitcoin, XRP, Dogecoin, BNB, Ethereum, Solana, and Cardano, Binance boasts an extensive range of trading opportunities. Notably, Bitcoin futures are the most sought-after, offering investors leverage of up to 125x.

Binance’s intuitive interface caters exceptionally well to futures traders, featuring real-time order books, customizable charts, and seamless TradingView integration. Furthermore, the platform offers a dedicated mobile app for both iOS and Android users, enhancing accessibility and convenience. Additionally, Binance supports automated trading bots, allowing traders to establish strategies and let the bot execute buys and sells on their behalf, facilitating efficient and streamlined trading.

MEXC

MEXC stands as one of the most outstanding crypto futures exchanges globally, and its reputation is well-founded. The MEXC platform is designed to cater comprehensively to both novice and seasoned traders. Boasting a high-performance trading system capable of handling an impressive 1.4 million transactions per second, it ensures swift and precise order execution—a pivotal edge in the unpredictable realm of futures trading.

A defining feature of MEXC’s futures trading platform lies in its competitive fee structure, with zero maker fees and exceptionally low taker fees. Furthermore, traders can leverage their positions up to 200x, offering the potential for substantial gains while underscoring the paramount importance of effective risk management.

Moreover, the MEXC trading platform seamlessly integrates TradingView, providing access to advanced charts, drawing tools, and technical indicators. Additionally, the exchange offers a dedicated mobile app for both iOS and Android users. In summary, MEXC’s futures trading capabilities are robust, offering a beneficial blend of cutting-edge technology, user-friendliness, and cost-efficiency. It is, therefore, an outstanding choice for those navigating the crypto futures markets.

OKX

Founded in 2017, OKX stands as a pioneering cryptocurrency exchange, ranking second globally in terms of trading volume. With a mission of taking care of our team, promoting and advance crypto globally, and empowering every individual in the world, OKX has quickly become one of the best exchanges for institutions and is a preferred trading venue for clients.

OKX stands out as a top-tier cryptocurrency futures exchange, renowned for its robust security measures and extensive asset offerings. Notably, OKX not only provides a vast selection of cryptocurrencies through futures contracts but also offers a wide range of denominations for futures trading.  Users can margin trade futures using USDT or USDC stablecoins, as well as a variety of altcoins such as BTC, ETH, SOL, XRP, 1INCH, and more. Additionally, OKX offers pre-market futures for tokens that have yet to commence trading on the exchange’s spot market.

OKX also offers delivery futures contracts, meaning each comes with an expiry date. Moreover, OKX is one of the few platforms to offer BTC and ETH options, providing traders with greater flexibility to hedge risks and navigate market volatility.  The exchange also boasts a comprehensive suite of powerful trading tools, including demo trading, copy trading, customizable trading bots, a multi-leg strategy builder, and more. These tools are packed into a proprietary trading platform that’s impressively user-friendly.

PrimeXBT 

Founded in 2018, PrimeXBT has emerged as a versatile online exchange platform catering to a wide array of trading needs across commodities, cryptocurrencies, forex, and indices. Since its inception, PrimeXBT has expanded its global footprint to over 150 countries, underscoring its extensive reach. The platform offers investors the opportunity to apply a remarkable 200x leverage on futures trades, enabling them to trade with a value 200 times their initial deposit.

PrimeXBT distinguishes itself with industry-leading fees, offering traders competitive rates of 0.02% for market orders and 0.01% for limit orders. Additionally, long-position funding rates start at an incredibly low 0.0006%. Overall, this platform also allows investors to engage in crypto-based perpetual contracts, access low trading fees, and apply high leverage on futures.

Furthermore, all traders on PrimeXBT have access to the exchange’s proprietary trading tools, including a technical charting interface, a crypto futures order book, and an integration with TradingView for in-depth analysis. PrimeXBT’s liquidity ensures that investors can trade on-the-go using the exchange’s in-house built order book, providing them with seamless access to the market.

BTCC (Most Recommended)

Founded back in 2011, BTCC is one of the longest-running crypto exchanges in the world. BTCC supports crypto futures trading, spot trading, as well as crypto copy trading for 300+ cryptocurrencies with a leverage up to 500x. Whether you are a novice trader or a seasoned one, BTCC can always caters to your demand with its unique solutions.

Traders can explore a range of futures products on BTCC, including both USDT-margined and coin-margined contracts, giving flexibility in how positions are collateralized. A key attribute of BTCC’s futures trading platform is its high leverage.  The availability of up to 500x leverage allows traders to amplify their trading positions, providing the potential for significant gains while also increasing the importance of risk management.

BTCC prioritizes security and user experience, integrating robust security measures to safeguard trader assets and personal data. Notably, BTCC has reported zero hacks or security breach to date since its inception. Besides, its interface is designed for ease of use, helping traders navigate and execute trades efficiently. Additionally, the platform includes a demo trading feature, perfect for strategy testing and trader education without financial risk.

＼Trade On BTCC With 10 FREE USDT!／

Best Crypto Futures Trading Platforms Comparison

Here’s a quick rundown of the 5 best crypto futures trading platforms in 2024:

＼Trade On BTCC With 10 FREE USDT!／

Conclusion

Trading crypto futures is an alternative approach to the crypto market that offers more leverage, strategy flexibility, and better risk management than buying and selling cryptos directly. In summary, billions of dollars worth of crypto futures are traded every day. After analysis and comparison, we believe that the best crypto futures trading platform is BTCC, which offers high leverage up to 500x and low trading fees.

How to Trade Crypto Futures on BTCC?

BTCC supports trading for Perpetual Futures contracts with a leverage of up to 500×, you can trade over 300 cryptocurrencies on BTCC at the most competitive price and highest security.

The following sets forth the step-by-step guidance for crypto futures trading (take Bitcoin as an example) on cryptocurrency exchange BTCC:

Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first.

Step Two: on the BTCC official homepage, choose “Deposite”, and then fund your account with your preferred method (fiat deposit, crypto deposit or convert).

Step Three: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find BTC/USD trading pair.

You can also directly click the button below to enter the BTC order page.

Step Four: choose the contract trading order type. Futures contract orders on BTCC platform include market orders, limit orders and SL/TP orders.

• Market Order: users place orders at the best price in the current market to achieve fast trading.
• Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
• SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.

Step Five: adjust the leverage multiple.

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.

Step Six: choose the lot size and set the SL/TP price .

Step Seven: after setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.

Step Eight: click the buy or sell button, and BTC futures contract order is completed.

＼Trade On BTCC With 10 FREE USDT!／