Crypto trading is a whole new branch of trading and has been attracting as many traders and investors as gold, penny stocks, or real estate, if not more.
In this article, we are going to find what are the features of the best crypto margin trading platforms. Which condition does a platform need to fulfill to be on our list of best trading platforms for marginal trading?
Well, the numbers certainly are. That’s where the crypto margin trading platforms come into the equation So In this article after a lot of fact-finding, delving, and self-testing of the multiple margin trading platforms we have shortlisted a few of the best crypto margin trading platforms list available worldwide for advanced margin trading.
The first major step is to find a suitable, secure, and best altcoin trading platform for convenient and profitable altcoin trading.
For the last 2 years, or so, cryptocurrencies (especially Bitcoin) have been a focal topic in the financial market. Cryptocurrency as an investment option seems to be rising exponentially. So is the demand for the best crypto margin trading platforms where investment can be made.
In recent years, the Bitcoin price got surged more than 3000%. It’s then people realized investing in altcoins rather than Bitcoin.
This led to an increasing market cap of altcoins. Especially major cryptocurrencies like Ethereum, Litecoin, Binance coin, Ripple, Bitcoin Cash, Cardano, Lumen, NEO, etc.
The market is currently flooded with altcoins. You can find 1500 altcoins lists actively trading on our platform. Many of these cryptocurrency prices are far less than Bitcoin, making them more accessible to investors without a significant amount of initial capital to spend.
A large number of altcoin and volatility in their price has opened a whole new branch of trading called crypto trading. It is similar to forex trading with fewer technicalities.
In fact, it depends on the basic trading rule “buy low and sells high”.
Altcoin trading can be short-term or long-term trading. Short-term altcoin trading is like short-selling any investment product — if done smartly, it can yield significant rewards quickly.
In order to start altcoin trading, a trader should possess cryptocurrency.
While Bitcoin trading against fiat money is available on numerous bitcoin exchanges.
Altcoin trading is a niche in which only a few platforms are specialized and their features differ a lot compared to a regular Bitcoin exchange
Watch video of this Post
The Fundamental Requirements To Be On The List Of Best Crypto Margin Trading Platforms List
We have set some criteria for platforms to get into our list of the best crypto margin trading platforms, which are discussed below.
1. Reputation And Background:
Reputation and Credibility is the first thing that you must consider before selecting a cryptocurrency trading platform.
The best way to know the reputation of a margin trading platform is to check user reviews on major cryptocurrency public forums like Bitcoin talk, medium, or Reddit.
2. Ease Of Use:
The best Crypto margin trading platform should have an easy-to-use platform or user-friendly platform. So even new crypto traders can get accustomed to altcoin trading.
The cryptocurrency trading platform must have robust security. So a user can trade with peace of mind and can leave trading assets over the exchange.
In fact, this is the most important factor to be among the best crypto margin trading platforms.
Fees are another factor in the search for a specialized top altcoin trading platform.
The Best crypto margin trading platform must have minimal fees so that you can make a good profit out of it.
If the fee is high, it would be difficult to book your profits in small trades.
5. Number Of Altcoins To Trade:
Higher the number of legitimate altcoins to trade better will be the altcoin trading platform for altcoin traders.
A higher number of altcoins will bound users to remain on the platform and will top from going to another platform.
Liquidity means how quickly the trader can get your hands on your wanted currency by exchanging it for other currencies.
Higher liquidity better the cryptocurrency trading platform for altcoin trading.
7. Trading Tools:
Trading tools are the certain trading features offered by a specialized altcoin trading platform to make trading more convenient.
Best trading tools are always offered by the best crypto margin trading platform to help their user.
8. Customer Support:
Customer Support of the best crypto margin trading platforms should be top-notch and should be available 24*7 via various platforms.
9. Countries Supported:
Availability of an altcoin trading platform to a number of countries is also a major factor to be on the list of 11 best crypto margin trading platforms. A global customer will be attracted by a growing trading platform.
According to these criteria, I have listed the 11 best crypto margin trading platforms for Margin trading. The list prepared below fulfill all the condition and show the world’s best crypto margin trading platforms.
11 Top Best Crypto Margin Trading Platform List For Altcoin Trading
- Binance offers more than 1200 altcoins
- Two-factor authentication is available for basic security of the exchange
- No deposit fees on the platform
- High trading volume
- Low trading fee.
- offer free coin earning
- Daily New Bonus offer for the customer
- No Phone call Support for customers, only chat and e-mail
- Extremely simple user interface
- 2-step verification.
- more than 60 million users
- Insurance policy against loss from theft, and stores a majority of digital assets offline
- Over 150 cryptocurrencies supported
- Crypto-to-crypto trading
- Everyday Bonus for new and old users
- Chat and EMail Customer support.
- No phone call to customer support.
- Operated both as a Bitcoin exchange and cloud mining service
- Well established and secure platform
- Allows buying bitcoin with a credit & debit card
- High trading volume
- Support Various Fiat currencies for trading.
- Relatively high fee on buying Bitcoin and altcoins with a Credit card directly
- Up to 100x leverage on crypto
- Advanced tools supported by great technology
- Test account for trading learning
- A user-friendly and intuitive user experience.
- 0.1% fee charged for each assets exchange
taker only needs to pay 0.075% after each perpetual contract
- More than 25 fiat currencies supported
- More than 5 million user
- NFT available
- No phone number to contact customer care
- Welcome Bonus: earn Up to 2000 USDT
- Offer leverage up to 100X
- Bitmex has a very competitive 0.25% trading fee.
- Earn more with BitMex Earn, up to a 6% (APR) on Bitcoin
- No Cryptocurrency Lost through Intrusion or Hacking till now.
- Earn Through BitMex Airdrop.
- Maker Rebate is 0.01%, and Taker Fee is 0.05%.
- A wide variety of trading options
- Very slow customer support
- Supports both long and short trading as well as trading with leverage.
- PrimeXBT offers leveraged trading up to 100X
- Have access to more than 350 Cryptocurrencies globally
- Fee ranges from 0.00277% to 0.1389% based on the type of trade
- Supports the trading of fiat and crypto, commodities, and indices
- Support Covesting Copy-trading Module
- Earn interest on your crypto on Prime XBT
- No demo account
- No Phone call to customer support
- More than 10 payment methods via cards, bank transfers, UPI, and other
- High spending limits
- Place your order and get your coins instantly. No deposits required
- across 188 countries
- Trusted by over 3,100,000 people
- The trading fee starts from 2.93% depending on the level
- Buy bitcoin, Ethereum, and other popular cryptocurrencies
- High Fee
- Coinmama doesn’t facilitate trades between buyers and sellers
- Low Number of Crypto available
- It supports more than 200 varieties of cryptos.
- Charges 0.04% and 0.06% on takers and makers, respectively
- The futures trading is around 20 times the leverage.
- It accepts payment methods like UPI, credit card, debit card, and IMPS.
- It is available for multiple platforms.
- Trusted by 10 Million
- 95% of all funds on CoinDCX are
stored in multi-sig cold wallets.
- Accept only INR Fiat
- Available only in India
- Maker fee of 0.08% and a taker fee of 0.1%.
- leverage as high as 10x for spot, and 100x margin for futures
- Passive income with Earn
- Wide variety of coins and tokens, more than 700 market pairs
- military-grade security,
- Native OKEx blockchain gives users access to DeFi and NFT
- Provides margin trading, futures trading, DEX trading, perpetual trading, and options trading
- Amazing Offer on NFT
- Lack of a demo trading account
- Trading a large number of cryptocurrencies more than 185.
- Exmo charge 0.2% fix trading fee
- Earn rewards with EXMO and receive up to 70% of trading fees
- Earn from referrals, introduce a trader and earn 25% of their transaction fees
- EXMO is the largest cryptocurrency exchange in Eastern Europe
- Trade-in 62 cryptocurrencies, 7 fiat currencies, and 185 currency pairs
- EXMO is great as a multicurrency wallet
- Low Fiat currency accepted
- Low trading fee, Over 800 trading pairs.
- Hitbtc offers to stop and limits trading option
- No cryptocurrency depositing fee at HitBtc
- 2-factor authentication, advanced encryption technology, cold storage
- The trading fees depend on trading
- 0.2% taker fee and 0.06% maker fee.
- Demo account to understand trading.
- Socially connected on all major applications.
- Poor customer care support.
- Bitfinex allows up to 10x leverage trading.
- Customizable interface
- Corporate account and professional trading
- Very Low trading fee 0.100% Maker fees 0.200% Taker fees
- Digital assets Deposit ( purchase )is free
- Digital assets withdrawals towards another Bitfinex user’s address are free of charge
- The customer support team can only be contacted via email
- Get a 3X leverage token
- Low Trading fee (0.25%)
- Referrer Percentage is set at 10%
- more than 250 active altcoins
- 2-factor authentication
- The exchange has never been hacked or compromised
- Demo account for New User
- Poor Customer support
11 Top Best Crypto Margin Trading Platforms For Advanced Margin Trading
1. Bitfinex – Crypto Trading Exchange
Bitfinex is one of the best crypto margin trading platforms was officially opened in 2012 by Bitfinex Limited
The company is based in Hong Kong and is in operation since 2014 with a large trading volume
It allows you to trade popular cryptocurrencies including Bitcoin. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer (P2P) financing, an OTC market, and margin trading for a wide selection of digital assets and derivatives trading.
They charge a commission fee of 0.1% to 0.2% depending upon the trading amount.
Bitfinex uses a maker-taker fee model in which a maker adds liquidity to the exchange ecology, and a taker is the one who removes it. The maker is charged with a 0.1% fee and the taker is charged a 0.25 fee as the best crypto margin trading platforms always provide.
Bitfinex allows you to buy altcoins with fiat money (USD and Euro). Cryptocurrencies are also accepted.
Bitfinex user interface is very friendly even to beginners. The platform offers quick options to buy and sell cryptocurrency as well as to place orders. The trading platform is mobile-friendly and responsive.
Bitfinex provides advanced trading tools such as limit orders, stop orders, trailing stop, fill or kill, and TWAP, along with different market charts.
It also offers high Ethereum and Bitcoin liquidity.
It offers 2-factor authentication to keep your account secure and users have to get the account verified before an individual can start altcoin trading.
You need to provide your email address, personal information including your mobile no, and have to upload related documents to get your individual account verified
Support is available 24/7 but only via email. The Bitfinex trading platform supports most countries worldwide excluding the U.S.A.
From the above finding, we can say that it is one of the best crypto margin trading platforms.
Bitfinex is available in India
Binance ICO ( initial coin offering )was announced in June 2017. The exchange was first created in 2017 and was originally located in China. It is second on our list of best crypto margin trading platforms.
Though it is China-born, it doesn’t serve its native country but is open to almost all countries around the world.
Binance is an exchange that hosts crypto-to-crypto trades. This means that they do not accept real-world money, such as U.S Dollars (USD) or Euros (EUR).
Binance trading volume has skyrocketed since its launch and it is already the best altcoin trading platform according to trading volume. They are now averaging more than $1 billion in daily trades, making them the largest exchange for alt-coin trading which makes it the best crypto margin trading platform.
Binance crypto margin trading platform offers more than 700 altcoins and it is said to be the first adopter of a new ICO token. There are more than 500 different cryptocurrencies available on Binance.
There are no deposit fees on the platform but trading and withdrawal are charged a minimal fee.
The trading fee is currently 0.1%, regardless of the coin, but it can be halved if paid with BNB.
Binance uses the maker-taker fee model. Watch the below video to understand the maker-taker fee model.
Withdrawal fees depend on the withdrawal of cryptocurrency. Binance is also multilinguistic.
Fiat deposits are not accepted, the site only accepts more than 500 cryptocurrencies. It allows crypto to crypto exchange.
Binance uses two different trading methods one is basic and another one is advanced.
Two-factor authentication is available for the basic security of the exchange. The platform also offers a multi-tier and multi-tier security system architecture.
It is easy to navigate on the Binance platform providing a great user experience. They also have mobile apps for both iOS and Android users.
Support usually replies within 24 hours but is only available via email.
It supports almost all major nations worldwide excluding China, globally available to become the best crypto margin trading platform.
Binance is available for U.S and Indian customers to trade.
After reading this review of Binance it is clear why it is on our list of the best crypto margin trading platforms.
BitMex is third on our list of best crypto margin trading platforms. Bitmex is the leading Cryptocurrency margin trading platform online, It is a peer-to-peer trading platform that offers leveraged contracts that are bought and sold in Bitcoin.
Launched by HDR Global Trading Limited in 2014, BitMEX is a trading platform operating in Hong Kong and registered in the Republic of Seychelles.
Below you will read why BitMEX has become one of the best crypto trading platforms for margin trading.
BitMEX does not accept the deposit of fiat currency. It is a cryptocurrency exchange only. They have more than 1M user access monthly and a daily trading volume of over 1M BTC.
It regularly sits comfortably in the top best altcoin trading platform on the daily trading volume
Bitmex also offers cold storage wallet for altcoins.
The best altcoin trading platform also allows users to trade altcoins against fiat currency mainly USD, Japanese yen, and Chinese yuan. Bitmex has a very competitive 0.25% trading fee.
There are no deposit fees or withdrawal fees. It does not support the withdrawal of fiat currency
Bitmex has very robust security. To date, there hasn’t been an incident of security breach or fraud. Security is one of the top priorities for the best crypto trading platforms.
BitMex crypto margin trading platform offers high liquidity and leverage up to 100x, and BitMEX offers leveraged products for Bitcoin, Ethereum, Cardano, Tron, Ripple, Litecoin, EOS, and Bitcoin Cash. The amount of leverage varies for each product.
Bitmex offers a wide variety of trading options as it is mainly a pure altcoin trading platform.
Bitmex offers Traditional futures contracts, Perpetual Contracts, BitMEX Upside Profit Contracts, and BitMEX Downside Profit Contracts.
Along with margin trading, it also allows trading of future derivatives and swaps. BitMEX rebates the maker trader 0.025% and charges the taker 0.075%.
Trading futures derivatives terminology
Limit Order — this order is fulfilled if the given price is achieved.
Stop Limit Order — allows users to set the price of the Order once the Stop Price is triggered
Take Profit Limit Order — similar to a Stop Order, to set a target price for a position.
Market Order — this order is executed at the current market price
Stop Market Order — this is a stop order that does not enter the order book, and remains unseen until the market reaches the trigger price
Take Profit Market Order — This is similar to the previous type, but in this case, the order triggered will be a market order, and not a limit one
The interface is intuitive and easy to navigate. The website is fast and responsive, but newbies will take some time to get used to the interface. The platform operates swiftly on the mobile application (android app).
BitMEX customer support is contactable using a ticket system. To submit a ticket for technical issues, navigate to the left menu and click on ‘Contact’.
BitMex supports all major countries worldwide with few exceptions.
Read Bitmex Review to get full details of the platform.
Bittrex is fourth on our list of best crypto margin trading platforms.
Bittrex has been in operation since 2014.
Bittrex is one of the Internet’s best altcoin trading platforms. The exchange is popular for providing users with a wide range of services, allowing them to invest and trade cryptocurrencies with ease.
Bittrex processes hundreds of millions of dollars in daily trading volume and is currently ranked in the top 10 exchanges in the world based on traffic, liquidity, trading volumes, and confidence in the legitimacy of trading volumes reported.
Nearly $800 million is processed daily in trading volume across its 732 markets which makes it the best crypto margin trading platform.
There are more than 300 active altcoins available for trading against Bitcoin, Ethereum, and fiat currencies in the form of USD-Tether and Bit-CNY. Bittrex supports over 500 cryptocurrency projects from the majors such as Bitcoin, Ether, Dogecoin, EOS, Tron, Tezos, and Litecoin to the lesser-known altcoins and DeFi tokens.
You can create a wallet address for every listed altcoin and can store it on the exchange itself.
But I will never suggest leaving your coins on an online exchange always use a hardware wallet as it eliminates any possibility of mishappening.
Bittrex charges a 0.25% trading fee. The withdrawal fee varies according to cryptocurrency.
Credit/debit card transfers are a popular method as it’s widely available and is processed almost immediately.
Bittrex doesn’t support leverage and neither does it support margin trading.
However, the current trading engine seamlessly supports automated trading features like GTC (Good till canceled) and IOC (Immediate or Cancel), with all the standard technical charting tools a trader needs.
GTC (good till canceled) — This means that the system would continue to look for your buy/sell post until this is fulfilled.
IOC (Immediate or Cancel) — This means you would buy/sell your cryptocurrency for your (ask or bid) price. If any portion of the currency being sold or bought cannot be fulfilled, this will be canceled.
The platform has never been hacked or compromised.
Enabling 2-factor authentication is compulsory to withdraw the funds. Bittrex also complies with Anti-Money Laundering (AML) and the Know Your Customer (KYC) standards to prevent money laundering and other financial crimes.
The current trading platform has a clean and easy-to-use interface.
The graphical representation of altcoin price stats makes the interface beginner-friendly.
Bittrex supports all major countries worldwide including India, the UK, and Europe (excluding certain states in the USA).
Bittrex is one of the best crypto margin trading platforms today.
HitBTC is Fifth on our list of best crypto margin trading platforms.
HitBtc is a cryptocurrency exchange established in late 2013 in Hong Kong.
Hitbtc is a Multi-faceted altcoin trading platform that is offering trading in over 350 currency pairs across 775 active markets. The exchange presently offers the trading of various types of cryptocurrency assets: ICOs, cryptocurrency CFD assets, and cryptocurrency tokens.
Below find the reason why HitBTC is on our list of best crypto margin trading platforms.
HitBtc accepts payment via wire transfer, credit cards, and cryptocurrencies.
On HitBTC traders can buy and sell several cryptocurrencies using more than 800 cryptocurrency pairs.
SEPA is supported by European countries.
USD and Euro are fiats accepted by the platform it also allows to trade against fiat currency.
There is no cryptocurrency depositing fee at HitBtc. Fiat depositing fee is relatively low and depends on the amount and currency. The same is the case with the withdrawal fee.
HitBTc uses a taker-maker trading fee model where the Maker fee is 0.1%, and the taker fees are 0.25% which is offered by the best crypto margin trading platforms.
HitBtc crypto margin trading platform offers to stop and limits trading options. Additional order types supported by the platform are (GTC) good-til-canceled, good-til-time, day, immediate-or-cancel, and FOK (fill or kill) all these features make it the best crypto margin trading platform.
In the summer of 2020, HitBTC launched a margin trading feature.
The security of the exchange is robust. It includes security features like Two-Factor Authentication, Advanced encryption technology, a Cold wallet for storage of crypto funds, an Internal AML/KYC policy, and Automatic logout are the feature that makes it the best crypto trading platform.
HitBtc is multilinguistic and supports almost every corner of the world, except for the United States, Syria, Sudan, Cuba, Crimea, and North Korea.
Exmo is the sixth on our list of best crypto margin trading platforms.
Exmo is a London-based popular altcoin trading platform launched in 2013. EXMO released its own native platform token in 2019 called EXMO Coin (EXM)
It is popular because of the trading pairs it offers.
Exmo facilitated over 100 million transactions per 24 hours. The exchange processes roughly $127 million in daily transactions with the majority of trading volume on the BTC/USD and ETH/USD pairs
It supports 7 Fiat currencies and allows altcoin trading against more than 60 popular cryptocurrencies.
It supports more than 200 trading pairs.
Fiat currency available is USD, EUR, GBP, RUB, PLN, UAH and KZT
It supports more than 50 payment methods to trade, sells, and buy altcoins. Exmo supports the following payment methods
Credit & debit card, Bank transfer, SEPA, Payza, Neteller, Skrill, Money Polo, Payeer, AdvCash, OkPay, Crypto capital, Perfect money, Giropay, Bancontact, Visa & Mastercard, and Cryptocurrencies.
Cryptocurrencies supported by Exmo are BTC, BCH, EOS, TRX, XRP, LTC, ETH, ETC, USDT, ZEC, OMG, BTG, DOGE, HBZ, KICK, MXR, MNX, and DASH. BTCZ, WAVES, STQ, and DXT
Exmo charge variable depositing fee for different payment methods. Exmo offers a flat trading fee of 0.30%
The Exmo system is tiered into 4 levels with discounts up to 66% for makers and 100% for takers fees.
The withdrawal fee charged by Exmo varies from 0% to 4%
Cryptocurrency withdrawal fee varies according to Coin
Credit card & debit card withdrawal fee: 3% + $5 (USD), 3% + €5 (EUR) SEPA: 4% (Euro)
Exmo is a basic altcoin trading platform with not much of trading types.
EXMO features a wide range of security measures such as cold storage wallets and two-factor authentication (2FA) for all customer accounts. Enhanced security options include IP recognition and verification procedures to minimize unauthorized login from unfamiliar locations. It is the best crypto margin trading platform.
It is also available in more than 200 countries, there are a few restricted countries that are not allowed to trade on EXMO which include the United States, Japan, China, Syria, North Korea, and countries in the Middle East.
EXMO claims to provide a 24/7 customer support service that is available worldwide and in 4 different languages (Russian, English, Ukrainian, and Turkish).
The following methods of customer support on Exmo are available:
- There is an online chat facility.
- There is a customer support email address that can be reached at email@example.com.
- Users can also create a ticket online, and a customer service rep is assigned to get a resolution of the issue(s) discussed in the ticket.
OKX is the seventh on our list of the best crypto margin trading platforms.
Founded in 2014 by Star XU, Belize-based OKex is a cryptocurrency and digital assets exchange.
Serving millions of users in more than 100 countries, it offers access to hundreds of tokens and trading pairs.
Offers a wide range of crypto trading solutions like spot trading, margin trading, DEX trading, futures, options, perpetual swap, and quick trade (one-stop marketplace).
The OKex crypto margin trading platform offers the standard crypto-to-crypto trading most common for cryptocurrency exchanges as well as fiat to cryptocurrency trading.
OKEx exchange currently offers 246+ different cryptocurrencies that can be traded on the website against USD, BTC, ETH, DAI, and OKB pairs. It is one of the symbols of the best crypto margin trading platforms.
Accepts fiat currencies like USD, CNY, EUR, ARS, AUD, and BGN.
OKEx provides spot and derivatives trading — including futures, perpetual swaps, and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.
Perpetual swap and futures markets to trade crypto with leverage up to 100x
OKEx claims a daily turnover of $1.5 billion only from its Bitcoin futures trading product.
OKex also launched its own ‘utility token’ cryptocurrency in early 2018.
The highest trading fees payable for low-volume accounts are a 0.15% maker fee and 0.2% taker fee. This drops as low as 0.02% and 0.05% for makers and takers fees respectively.
OKEx offers high-level security including GSLB, distributed server clusters, and cold storage multi-signature wallets. 2FA via Google Authenticator can also be used to provide an added layer of security for funds.
There’s also a “demo trading” feature that allows novices to practice trading with no risk.
OKEx has a user interface that provides a feature-rich, user-friendly, and intuitive charting system that will give traders enhanced technical visualization, flexibility, and control of trade risk according to their crypto trading strategy.
OKex customer support team can be contacted via phone, email-based ticketing, WhatsApp, or live chat available on both the versions- desktop and mobile app.
OKEx is the best crypto margin trading platform that allows clients to use its services from all over the world, apart from – Hong Kong, Cuba, Iran, North Korea, Crimea, Sudan, Malaysia, Syria, United States (including all USA territories), Bangladesh, Bolivia, Ecuador, and Kyrgyzstan. You can read more details review of OKX here
PrimeXBT is the eighth on our list of best crypto margin trading platforms
Prime XBT is a crypto margin trading platform founded in 2018 and headquartered in Seychelles.
It is an online exchange designed to support the trading of cryptos, forex, stock indices, and commodities, giving investors market access to more than 70 asset pairings.
Currently, they boast over $375m in daily volume and claim to have over 30 employees. It is one of the criteria to get on list of the best crypto margin trading platforms.
It only accepts crypto transfers from other exchanges or digital wallets and supports only seven cryptocurrencies. which are Bitcoin (BTC), Ethereum (ETH) ,Ripple (XRP) ,EOS (EOS) ,Litecoin (LTC) ,USD Coin (USDC) ,Tether (USDT).
It doesn’t support direct bank or credit card deposits.
PrimeXBT stands out by offering leverage of 100X as the best crypto margin trading platforms do. Supports both long and short trading as well as trading with leverage.
Trading fees of PrimeXBT can be summarised as follows :
Incurred each time you buy or sell assets on the market (i.e., each time you open and close a position).
- 0.05% for cryptos.
- 0.001% for forex.
- 0.01% for indices and commodities.
PrimeXBT offers a range of order types.
- Market Order: They are placed and executed immediately at the prevailing market price. You will generally use this order if you want to buy or sell immediately.
- Limit Order: This type of order is placed to buy or sell an asset at a pre-determined level away from the market.
- Stop Market Orders: These are similar to market orders the second that a specific preset level has been reached. Either you can use them to limit losses on your position as a “Stop-loss” order or make a profit in a favorable position.
- Protection Orders: These orders are available as additional protection on any position or order that you currently own. You can place them on new Market, Limit or Stop orders by clicking on the “Place Stop Losses / Take Profit” box on the order form.
- One-Cancels-the-Other (OCO): These are orders whereby the execution of one order will trigger the other. Here, you set orders based on priority. If your number “1” order is executed, the others will automatically get canceled. It lets you build complex interactions and layered investments.
The overnight fee is a percent of the open trade that ranges between 0.00277% to 0.1389% based on the type of trade. There are no fees for account deposits. The withdrawal fee is a flat fee regardless of the amount of the asset being withdrawn.
Demo trade crypto with virtual money using a simulated market, the most unique feature offered by the best crypto margin trading platforms.
PrimeXBT provides a secure wallet that stores the majority of funds in offline cold wallets.
PrimeXBT crypto margin trading platform-specific security measures include:
- Two-factor authentication (provided by Google) to prevent unauthorized access to users’ accounts
- Encrypted secure sockets layer (SSL) to encode and protect website traffic
- All passwords are encrypted using the crypt hashing function
- PrimeXBT uses Cloudflare to prevent potential distributed denial-of-service (DDoS) attacks
- Ongoing IT security assessments are run to stay current with new potential vulnerabilities
PrimeXBT also has mobile apps. These will allow you to monitor your trades on the go.
PrimeXBT is not available in 14 countries including the U.S, Canada, and Japan.
PrimeXBT Users may contact customer support via “Live Chat” or by email, at Support@help.primeXBT.com, PrimeXBT has a presence on YouTube, Twitter, LinkedIn, and Facebook. Read the PrimeXBT review now.
ByBit is Ninth on our list of the best crypto margin trading platforms.
Bybit is a crypto derivatives exchange that was launched in March 2018 on the British Virgin Islands.
ByBit can handle 100,000 transactions per second which are significantly faster than its competitors.
Bybit offers perpetual futures with up to 100 x leverage.
Bybit does not accept fiat currency deposit methods using a bank transfer or credit card. It is a cryptocurrency exchange only that accepts Bitcoin (BTC) deposits. You can use the Bybit Fiat Gateway to deposit fiat and convert it into BTC, USDT, and ETH.
Cryptocurrency used for trading: BTC, ETH, LTC, XRP, BCH, LINK, XTZ.
ByBit crypto margin trading platform offers an advanced ordering system that allows traders to set up take profit and stop losses in one click from the order confirmation window with multiple order types and time in force.
The three types of fees to watch out for are trading fees, withdrawal fees, and deposit fees. For trading, Bybit charges a maker/taker fee. You’ll also pay standard withdrawal fees, depending on the currency you withdraw. Bybit does not charge a fee to deposit cryptocurrency to the exchange as the best crypto margin trading platform.
If you are a taker, you have to pay 0.075%, while if you are a maker, you can earn a 0.025% rebate. ByBit makes 0.05% of the transaction from maker and taker fees. Spot trading fees are set at 0.10% for takers and 0.00% (free!) for makers.
When withdrawing BTC from the Bybit trading platform, you will have to pay 0.0005 BTC per BTC withdrawal.
Bybit offers three types of orders.
- Market Order: They are placed at the prevailing market price. They are placed as “bid” if it is a sell and “ask” if it is a buy.
- Limit Order: They are placed at a specific level away from the market.
- Conditional Order: Once specific levels are reached, it acts as a market or limit order.
Bybit provides an excellent mobile trading app that is highly intuitive, easy to use, and responsive on Android and iOS devices.
You can make demo accounts and check how orders work through ByBit Testnet. This is the criteria to be on our list of the best crypto margin trading platforms. Read Bybit detailed review
Robust security management using SSL communication, two-factor authentication, and an advanced Mark and Index pricing system. The best crypto trading platform always provides the best security.
10. CoinBase Pro
Coinbase Pro is the tenth on our list of the best crypto margin trading platforms.
Coinbase was founded in 2012 as the leading mainstream cryptocurrency exchange in the United States.
Coinbase has more than 56 million users trading over $300 billion worth of cryptocurrency on Coinbase each quarter.
Coinbase offers a wide variety of products including cryptocurrency investing, an advanced trading platform, custodial accounts for institutions, a wallet for retail investors, a crypto margin trading platform, and its own U.S. dollar stable coin.
Coinbase offers over 25 cryptocurrencies for investment, trading, and also staking.
Coinbase consistently ranks among highly liquid exchanges. This protects the investor from serious price slippage in an already volatile market.
Coinbase’s spread is equal to about 0.50% of your crypto sales and purchases, though it can fluctuate based on the market. Coinbase’s fee structure is a confusing combination of elements.
Here’s how the flat fee shakes out for American buyers:
- Transactions less than or equal to $10, the fee is $0.99
- For transactions more than $10 but less than or equal to $25, the fee is $1.49
- For transactions more than $25 but less than or equal to $50, the fee is $1.99
- For transactions more than $50 but less than or equal to $200, the fee is $2.99
After exceeding $200, the fee structure changes to be percentage-based, determined by how you pay for the crypto:
- 1.49% for U.S. bank accounts and Coinbase USD Wallets
- 3.99% for debit card or PayPal
Fees for purchases above $200 may run up to 1.5% of any transaction for a minimum fee of $0.55.
Coinbase has a Mobile application therefore it can also be accessed through your android or iOS devices.
Coinbase uses a variety of safety measures for account holders. A most useful feature to become the best crypto margin trading platform.
- Coinbase has 2-step verification
- biometric fingerprint logins
- insurance in the event that Coinbase itself is breached
- stores 98% of users’ funds in offline cold storage.
Coinbase offers more than 60 crypto-to-crypto trading pairs, with more than 40 currencies that can trade for bitcoin, seven currencies that can trade with Ethereum, and 11 currencies that can trade with USDC — a stablecoin whose price is always equivalent to US$1.
Coinbase has a knowledge base and email support. Coinbase “Community” can be used to ask questions and get support and help. Email and 24/7 chat are available on the platform. Read more about Coinbase in this review
Coinbase offers its brokerage services in most parts of the world including the United States, United Kingdom, Canada, and Singapore. All the above-discussed feature has brought coinbase to the list of the Best crypto margin trading platforms.
Cex.io is the Eleventh on the list of Best Crypto margin trading platforms
CEX.IO was one of the oldest altcoin trading platforms established in 2013.
It is a company based in London and founded by Oleksandr Lutskevych.
Cex.io initially operated both as a Bitcoin exchange and cloud mining service.
At one stage its mining pool, known as Ghash.io, was one of the largest on the Bitcoin network, holding 42% of the total mining power of the Bitcoin network.
But this service was closed in the year 2015. Now, it works only as a cryptocurrency exchange (crypto margin trading platform).
CEX.IO did $25 million across its 37 tradeable pairs. BTC/USD and ETH/USD each did $7 million in volume, making them the most liquid pairs and accounting for more than half of the exchange’s total volume.
The cex.io trading platform support 10 best cryptocurrencies.
You can buy, sell, and trade Ethereum, Bitcoin cash, Bitcoin, Dash, Ripple, Monero, Litecoin,Zcash, Stellar,Bitcoin Gold with the credit card directly or can deposit Fiat with Bank transfer and SEPA mostly offered by best crypto trading platform.
CEX.io is that the platform accepts a lot of different fiat currencies. USD, EUR, GBP, RUB, Apart from this it also accepts VISA, Master Card, SWIFT, ACH, SEPA, QiWi, Skrill,
CEX.IO has a clean altcoin trading interface and offers the following orders:
Cex.io offers high liquidity and leverage up to 1:3
The trading interface is easy to use, and the entire platform is very beginner-friendly.
CEX.IO offers trading with up to 100x leverage on its margin platform.
Cex.io charges a 0.1% to 0.2% trading fee depending on the trading pairs. Extra 5% fee for buying altcoins with a credit card directly.
Cex.io has a strong security architecture. There was an incident of cryptocurrency exchange getting hacked in 2013 at its initial phase.
The exchange is PCI DSS compliant. To keep your account secure, you can set up two-factor authentication (2FA) via SMS or Google Authenticator on CEX.IO. CEX keeps the vast majority of its funds in wallets locked in vaults protected by armed security guards and video surveillance.
The vulnerability was immediately patched, and since then everything is running swiftly.
The Customer support of the platform is of the highest standards being the best crypto margin trading platform. CEX.IO also has a support phone number (+44 20 3966 1272) if you want to talk to a real person. You can send any complaints to firstname.lastname@example.org. Business inquiries should be directed to email@example.com.
CEX.IO’s Twitter page is regularly updated with market news and analysis. Their Telegram channel is also quite active.
CEX.IO has mobile apps available for both iOS and Android the best crypto margin trading platform always has an app.
Cex.io offers services around the globe with few exceptions.
Coinmama is the Twelfth on our list of the best crypto margin trading platforms.
Coinmama broker is registered in Slovakia and was founded back in 2013. Coinmama is owned by Bit Ventures Ltd which is based in Israel. The exchange operates in 190 countries globally, and it is also available in 24 states in the U.S.
Coinmama allows its users to purchase cryptocurrencies using their debit and credit cards. However, the exchange does not provide a platform for users to trade cryptocurrencies. Coinmama is quite limited with its payment options available.
As Coinmama is a cryptocurrency broker. Coinmama sells cryptocurrencies from its own crypto holdings. This feature makes it a safer and faster platform to purchase cryptocurrencies than cryptocurrency exchanges.
Coinmama broker does not provide its users with the majority of options in terms of which cryptocurrencies to purchase.
Coinmama crypto margin trading platform provides a very extensive list of FAQs on its website to help clarify its customer’s doubts.
Coinmama crypto margin trading platform Customer Support Email: firstname.lastname@example.org
CoinDCX is Last on our list of Best Crypto margin trading platforms.
Launched on April 8th, 2018, CoinDCX is built with the aim to provide a user-friendly experience where users can access a wide range of financial products and services backed by industry-leading security processes and insurance protection.
CoinDCX is an ISO-certified company that provides the highest liquidity with the fastest onboarding process in the industry.
CoinDCX crypto margin trading platform supports various types of trading on its platform. Some of the most popular trading on CoinDCX platform are :
- Marginal trading
- Futures trading
- Staking trading
- Spot trading
CoinDCX trades with more than 250 cryptos and up to 10x leverage.
Different types of trading options on CoinDCX
- Futures trading
- Marginal trading
- Yield Farming
crypto margin trading platforms list – Conclusion
In conclusion, crypto margin trading platforms offer traders a way to increase their profits by trading with more funds than they have on hand. These platforms are becoming increasingly popular, as they offer a way to make money in a volatile market. While these platforms offer a high degree of risk, they can also lead to high rewards. For those willing to take the risk, crypto margin trading platforms offer a way to maximize profits.
FAQ On Crypto Margin Trading Platform
What is margin trading
Margin trading refers to the strategy of borrowing funds from a broker to trade a financial asset, which forms collateral for the loan from the broker.
Is Margin Trading a good idea?
Margin trading has greater profit potential than commonly held investments, but additionally involves greater risks. Buying stocks on margin increases the impact of financial losses. Additionally, the broker may alert you to a cash call, which indicates that you must liquidate your position in a stock or deposit more funds to stay invested.
How does Margin Trading work?
Margin trading offers greater profit margins than typically held investments, yet also contains greater risks. Buying stocks on margin raises the impact of financial losses. Additionally, the broker may notify you of a cash call, which stating that you must liquidate some or all your position in a stock or deposit further funds.
Why is buying on margin a risk?
The biggest risk when purchasing using margin is that you could lose more money than you originally invested. A loss of 50 percent or more on stocks that were half-funded using borrowed funds, equates to a loss of 100 percent or more, plus interest and possibly commissions.
When should you trade on margin?
Margin trading should only be implemented if you know your possible losses and you have secured risk management tactics. Margin trading permits traders to increase their ability to leverage their trading volume into larger positions than the amount of cash positions allow.