Crypto derivatives exchanges have quite literally taken the market by storm. It’s a market that has rocketed to over $1 trillion in daily trading volume and shows no signs of slowing down in 2021.
As cryptocurrencies have evolved into the mainstream, so have the different ways traders can interact with them. From leveraged trades and defi swaps, to buying crypto with debit cards and trading 24/7 using mobile apps, traders have more choice and are more empowered than ever. A major catalyst behind this adoption is crypto derivative exchanges, a sector of the crypto market that acts as a one-stop shop for traders and represents over 50% of the entire crypto market.
But in a sea of options, which exchanges offer the kind of reliability, versatility and options traders want? Here, we’ll dive into five crypto derivative exchanges you need to have on your list.
Launched in 2018, Bybit has quickly become the go-to platform for clued up traders. Bybit offers 100x leverage, lightning-fast transaction speeds, and an intuitive trading interface that’s fully customizable. But what makes this platform unique is its versatility and host of features. From perpetual contracts, one-click coin swaps, and a nifty position calculator, Bybit makes futures trading as simple as it can be, while offering advanced features for those who need them. It’s also plugged directly into TradingView and there’s a useful mobile app as well as fast and friendly 24/7 customer support that rivals the best of them.