29 November 2023
When it comes to Cryptocurrency assets, the U.S is among the globe's leaders, with Japan and South Korea. It also plays a significant role in the overall volume of spot and futures trades. But the United States authorities have implemented many limitations on Crypto exchanges, making it more difficult for investors to freely trade. We have got you covered if you live in the United States and want to trade Cryptocurrencies without any problems.
You're interested in Cryptocurrency trading but worried about your limited funds. Imagine if you could increase the value of your long and short Bitcoin positions by a factor of two, five, ten, or even one hundred without putting up any more funds.
The following are the eight best cryptocurrency leverage trading platforms available in the United States:
The San Francisco, California office of Kraken is home to a bitcoin trading platform. Kraken, one of the oldest and most reputable Cryptocurrency exchanges, was launched in 2011. It's compatible with a huge variety of Cryptocurrencies, like Bitcoin, Ethereum, Bitcoin Cash, and Cardano. Margin trading is possible on Kraken, and traders may acquire leverage of up to 5x. Futures trading is also possible with a leverage of up to 100:1. Kraken is a popular option because of the strength of its trading platform. Also, Kraken's derivatives trading is handled via a different interface, which offers access to more powerful trading tools.
FTX is a derivatives and Cryptocurrency exchange established in the Bahamas that serves the American market. FTX is a major Cryptocurrency exchange, with a daily trading volume of over $10 billion. Nassau, New Province, Bahamas is home to the exchange's headquarters. The exchange itself was established in 2019. Almost every kind of trade product you can think of can be found on FTX. Leveraged tokens, options, as well as derivatives all fall within this category. In addition to these Non-Fungible Tokens, staking, and borrowing/lending are also available as other Crypto goods. The platform allows for a maximum of 20x leverage. In an effort to safeguard its customers, FTX has lately lowered the maximum leverage from 101x to 20x.
Phemex is yet another well-known, US-authorized Crypto marketplace. More than two million people use the exchange every day, and more than two billion dollars changes hands. In addition, Phemex has thirty or more integrated stability suppliers, so dealers need not worry about a lack of available funds. Phemex offers a comprehensive suite of services for Crypto traders. Derivatives on Cryptocurrencies may be traded with a margin of 100x. More than forty digital currencies may be traded on the platform. Phemex also provides fast Cryptocurrency purchasing, spot trading, contract trading, and Crypto staking in addition to its derivatives trading. Dealers may also earn a trading incentive of up to $100.
KuCoin is a Crypto market which is situated in Singapore but is authorized to provide services in the United States. That's a top-tier Cryptocurrency marketplace with a large selection of altcoins and tokens. Margin trading at KuCoin may be leveraged up to 10x, and futures trading at up to 100x. KuCoin's Cryptocurrency offerings include: quick purchase, spot trading, margin trading, futures trading, leveraged coins, as well as derivatives arbitrage. It also provides monetary services including loans, stakes, as well as lending. On KuCoin, you may trade more than 500 different Cryptocurrencies. More than ten million users use KuCoin every month, contributing to its over $600 billion in trading activity.
Established in 2014 with its headquarters in the Seychelles, BitMEX is a platform for trading bitcoin derivatives. The Crypto exchange BitMEX has been around for quite some time and has a solid reputation. Margin trading leverage is 10x, while futures trading leverage is 100x. BitMEX is a Cryptocurrency exchange that provides a wide variety of financial and trading services for its users. It allows for instantaneous purchases, spot trades, margin trades, and futures trading in Cryptocurrencies. BitMEX also provides top-tier safety measures, allowing you to confidently deal with virtual currencies.
6. Delta Exchange
Futures and options trading in Crypto on Delta Exchange, which offers leverage of up to 100x, is possible. You may trade futures, interest rate swaps, interest rate calendar spreads, MOVE options, and spot trades on this platform. Although not the greatest, Delta Exchange's daily trading volume is about $500 million. There are more than 50 alternative Cryptocurrencies listed, as well as a professional trading platform is available. Enterprise-level protection and round-the-clock assistance with any issues also come standard.
Prominent Cryptocurrency derivatives marketplace Deribit provides 100x leverage on Bitcoin and Ethereum futures contracts. Deribit is a major Cryptocurrency exchange for leveraged trading, with a 24-hour derivatives trading volume of about $800 million. In terms of OI market share, Deribit asserts that they hold a 90% share of the ETH options market and an 80% percent of the BTC options marketplace. Since this is the case, you never have to worry about a lack of cash. The platform also has excellent multilayer protection as well as a worldwide partner network that is making it among the finest in its field.
The primary factor why a large number of individuals trade Cryptocurrencies are the high leverage and cheap margin requirements. Furthermore, the United States authorities are keeping a close eye on the Cryptocurrency market, and numerous Cryptocurrency platforms were shut down. As a result, it is crucial to locate US-based platforms that allow leveraged trading. Every single one of the deals we've covered so far is excellent; just choose the one that suits your needs best.
Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice.