11 rows · Dec 08, · Bybit is a derivatives cryptocurrency exchange platform that is designed to 5/5. Aug 21, · The exchange was founded in as a professional dedicated crypto derivatives trading platform and it has its daily trading office running from Amsterdam. Deribit differentiates itself by offering cryptocurrency Options in addition to regular crypto Futures and Perpetual Contracts. The Bitcoin derivatives trading platform is approved by the US Commodity Futures Trading Commission (CFTC). A record of margined and physically delivered bitcoin futures and options, maintained by Bitnomial Exchange. Moreover, the CFTC in order to offer bitcoin derivatives trading has approved other platforms such as CME, Cboe, and Bakkt.
Bitcoin derivatives platformThe Rise of AAX: The Institutional-Grade Crypto Derivatives Platform Celebrates Its Anniversary
All Rights Reserved. Search for:. Price Analysis. ICO Review. Submit ICO Review. Editor's Pick. Celebrating the Birth of a Star In November , the exchange officially went live, notably celebrating their launch event at London Stock Exchange.
Share on Facebook. Share on Twitter. Share on Linkedin. It also has a Testnet trading feature where traders can learn the ropes of the market. Deribit also offers traders up to X in leverage and it pays a 0. Besides, it also requires traders to make a 0. OKEx is a cryptocurrency exchange that also facilitates the trading of crypto derivatives — it was launched in as an offshoot of OKCoin.
OKex appears to be functionally designed for active day traders or professional traders rather than retail mom and pop crypto traders. OKEx only has Futures contracts with up to 20X leverage. However, the fact that orders are only executed with GTC and the 0. We listed Bitmex as the top crypto derivatives trading platform because it has the most comprehensive combination of features.
Different contract types, order types, low rates, demo trading, contract loss protection, and high leverage. Deribit is ranked third because it has a relatively high 0. More so, it only has email support, which might be inadequate for resolving issues with the speed that the cryptocurrency market demands.
OKEX is the last on the list because it is not a core cryptocurrency derivatives trading platform at heart. The fact that it offers crypto derivatives as an afterthought is evident in its low leverage of a mere 20X and the use of GTC as the only order execution method.
The lack of a Testnet or demo trading account also makes it somewhat unsuitable for inexperienced traders. The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice.
Bingbon has loads of products and is working to add more all the time. Unlike many exchanges, Bingbon works to give its clients crypto and non-crypto products, so they can trade in the macro-environment — without having to move into and out of the fiat financial system.
Going short cryptos can be a good way to play downside macro risk, but a position against major equity indices could be better. Instead of moving money from one exchange to another, Bingbon has all the products a serious trader needs in one place. Leverage limits for other crypto trading pairs often range between 35x and 50x. FOREX contracts can utilize leverages up to x, due to the nature of minor price fluctuation. Meanwhile, the highest leverages for commodities and market indices often hover around x.
It is important to understand that using leverage must be taken seriously. Bingbon offers great tools for risk management, and also has a good interface for both new and experienced traders. Instead of putting a lot of complexity into its User Interface UI , Bingbon uses a simple graphic display. We think this will be more familiar to a majority of traders. The headline of the homepage specifies prominent features, including Trade, Copy Trade, Exchange, and Announcements.
Here they will find an Auto chart with real-time updated statistics and customization power. It is super easy to check on positions, trigger orders, or see the transaction history. The left pane shows the list of crypto trading pairs available for USDT-based contracts, while the upper right lists a number of commands that allow users to pick their order settings prior to entering a position.
For both long and short positions, users can choose either a market order or a trigger limit order. At the same time, they can predetermine Take profit and Stop Loss levels. Relevant indicators, such as actual turnover or loss will be illustrated when the order is executed. Moreover, users are free to create support and resistance graphs or insert comments so that it is easier to follow their investments.
When you use leverage, it is very important to use orders to keep your margin balance intact. Traders can use limit orders to prevent this and choose to sell the position with smaller losses.