In this crypto trading guide article we compare the best crypto derivatives exchange trading platforms for US customers.
We will compare different derivative trading instruments and what fees are associated with those.
Crypto derivatives are high risk crypto trading instruments with the possibility to trade with high leverage. Always be careful and don’t use funds you can’t afford to lose.
No Financial Advice, Information only. Do your own research
What are crypto derivatives?
Cryptocurrency derivatives are a category of crypto trading instruments. Derivatives are trading instruments that derive their values from an underlying asset.
The most common and most traded derivative trading instrument in the cryptocurrency market is Bitcoin futures and Bitcoin perpetual.
Other common crypto derivatives are
- Crypto futures trading
- Crypto perpetual trading
- Crypto option trading
- CFD crypto trading
- Leveraged tokens issued by Binance
Crypto margin trading, on the other hand, uses the spot market order book and when you do margin trading you actually buy the underlying asset. Margin trading is not a derivative trading instrument.
List: Best Crypto Derivative Trading Exchanges for the USA
In the table below, we have listed all the best crypto derivative trading platforms in terms of derivative markets, derivative trading fees, derivative trading volumes and number of users.
Note: KuCoin and OKX allow US citizens to register but they don’t hold a US license
Crypto Derivative Trading Markets
In the table below, we have listed the number of futures and perpetual markets on each derivative crypto exchange.
Trading Cryptocurrency Derivatives with Binance
Binance offer derivatives cryptocurrency trading in a few different products. The main categories can be seen in the screenshot below which is taken from header menu called derivatives on the Binance trading platform. In the menu, you can see
- USDT Futures
- Coin Futures
- Leveraged Tokens
USDT futures on Binance are traded with no expiration date and with a leverage up to 125x.
COIN futures are traded as token margin and comes with both expiration date and without expiration date. The leverage is up to 125x.
Binance leveraged tokens are traded with a leverage up to 3x and with no risk for liquidation.
Delta Exchange derivative and futures crypto trading
Delta Exchange is an crypto derivative trading platform offering perpetuals, futures, options and spot trading.
Delta Exchange is a very user friendly crypto trading site with a nice interface which is easy to navigate.
You can set up your API keys for trading and withdrawal with Delta Exchange.
Best Crypto Trading Bonuses on the market - Delta Exchange
Delta exchange has the best crypto trading bonuses on the market.
Below, you can see some of the best bonuses offered by Delta Exchange.
- $30.000 Trading bonus
- $500 First time deposit bonus
- Get 1000 DETO on a 7-day trade volume of $100,000 or more during the offer duration
- Download and log in from App to get $10 in trading fee credits.
Deposits and withdrawals - Delta Exchange
Delta exchange only support deposits with USDT
However, for withdrawals BTC, ETH, USDT and DETO are supported.
Kucoin Crypto Derivative Trading Platform
Kucoin is one of the best crypto derivative trading platforms.
Kraken cryptocurrency derivatives trading platform
Kraken is one of the most trusted crypto trading platforms and recently they bought Crypto Facilities to incorporate futures trading into the Kraken family.
As you can see in the screenshot below Kraken futures is still separated from Kraken spot trading.
With Kraken you can trade derivatives with up to 50x leverage and you can transfer between Kraken spot and Kraken futures seamlessly. Read more about Kraken in our Kraken review.
What is the best cryptocurrency derivatives trading platform?
In the table below, we have summarized the best crypto derivative exchange trading platforms.