The Best Crypto Exchange for Futures Trading

Cryptocurrency trading opens wide opportunities for investors to double their holdings in a short time. Due to the high volatility of digital assets, it is possible to profit in small portions several times a day or to invest for the long term and hold the asset until the price rises significantly.

Each investor chooses a trading strategy because trading requires knowledge, experience, quick reactions and calm judgment. Advanced traders often use instruments such as crypto futures trading. It is a slightly riskier type of trading, so it is recommended for those who already have experience trading cryptocurrencies.

Trading crypto futures is a form of speculation on asset prices. Through a platform or cryptocurrency exchange, traders bet on the future price of an asset and enter into a contract to buy or sell that asset on a specific future date at a pre-agreed price. The price, date and settlement method are specified in the contract. Depending on how the asset evolves in the future (growth or decline), the trader has to make or pay money.

When trading crypto futures, traders often use leverage. Leverage allows traders to borrow money from the exchanges or platforms they work with. The borrowed funds can be multiplied by a leverage of 5, 10, 20, etc.

The Best Crypto Futures Trading Platform

These are some of the most popular services to trade crypto futures:

  • WhiteBIT
  • FTX
  • Kraken
  • Bybit

When choosing an exchange, look at its reputation, liquidity, market capitalisation, trading volume, availability of traded cryptocurrency pairs and level of security. The higher the liquidity, the more leverage the platform can offer its clients in futures trading.

On the WhiteBIT, you can practice all types of trading completely free of charge with a demo account. Futures trading is a complex financial instrument and requires sufficient experience to know all the ins and outs. Welcome to the WhiteBIT demo trading account.

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  • Cryptocurrencies operate on a peer-to-peer network, eliminating the need for a central authority like a bank or government to oversee transactions. This decentralization is one of the core features of cryptocurrencies and is intended to increase security and reduce the risk of fraud.
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