Topic: Which CEX do you trade derivatives/futures on? (Read 74 times)
Bybit used to cover all the needs of a derivatives/futures trader, but I see that governments are increasing restrictions on such trading, so many have moved to MEXC, but during this year and with the continuous rise in the price of Bitcoin, there is no need for more risks in derivatives as long as there are reasonable profit possibilities in spot trading.
Hey mates, so I've been using Binance for futures trades and recently I've been noticing the fees are kinda much, almost seems that it's not suitable for small-scale traders anymore but institutions. Now I'm looking for a change just as good but with lesser fees.
I believe there are more traders here who can help with suggestions. So here's what I want:
✅ A CEX with good derivative volume
✅ User interface needs to be simple yet sophisticated, that'll be a motivator
✅ Has lots of trading pairs available
✅ Stop losses execute when due
✅ A platform that doesn't lag
Any suggestions please?
I believe there are more traders here who can help with suggestions. So here's what I want:
✅ A CEX with good derivative volume
✅ User interface needs to be simple yet sophisticated, that'll be a motivator
✅ Has lots of trading pairs available
✅ Stop losses execute when due
✅ A platform that doesn't lag
Any suggestions please?
Yeah. I primarily use bybit & Bitget, but I've been leaning towards the latter these days, due to increased liquidity, KYC took less time, more coins available, plus I'm more comfortable with their UI.
I also use MEXC sometimes but Bitget seems to be winning it not just because they also have wide range tokens available but have been
innovative with simplified trading features and tools. I can simply close three trade with just one click on the platform.
Sticking to one trading platform may not be kul but I believe the innovative smart way of trading is attracting some of us their coupled healthy liquidity and I hope they continue in that direction cos we need the competition
The market has been really down lately, maybe due to the iran- isreal war, so I'm on a trading hiatus. but I've noted your suggestions, been seeing some decent reviews on the platform lately, I use their spot, but now I think it's time to tryout their futures/derivatives.
I mostly used Binance before and tried Bybit, both had given me great experience and the volume are obviously a lot for these known exchanges. But this time, with all the volatility and unexpected move of the market just as what we're seeing right now that there's a sudden crash. I'd mostly avoid trading on any of them. I can't just take the volatility of what I am seeing right now, I don't wanna get liquidated and it's shopping time for me than to go with futures.
Although I personally would advise against derivatives trading currently, even with low leverage. Crypto prices are too volatile for that.
Exactly, just as what my thoughts right now. Hey mates, so I've been using Binance for futures trades and recently I've been noticing the fees are kinda much, almost seems that it's not suitable for small-scale traders anymore but institutions. Now I'm looking for a change just as good but with lesser fees.
I believe there are more traders here who can help with suggestions. So here's what I want:
✅ A CEX with good derivative volume
✅ User interface needs to be simple yet sophisticated, that'll be a motivator
✅ Has lots of trading pairs available
✅ Stop losses execute when due
✅ A platform that doesn't lag
Any suggestions please?
I believe there are more traders here who can help with suggestions. So here's what I want:
✅ A CEX with good derivative volume
✅ User interface needs to be simple yet sophisticated, that'll be a motivator
✅ Has lots of trading pairs available
✅ Stop losses execute when due
✅ A platform that doesn't lag
Any suggestions please?
Yeah. I primarily use bybit & Bitget, but I've been leaning towards the latter these days, due to increased liquidity, KYC took less time, more coins available, plus I'm more comfortable with their UI.
I also use MEXC sometimes but Bitget seems to be winning it not just because they also have wide range tokens available but have been
innovative with simplified trading features and tools. I can simply close three trade with just one click on the platform.
Sticking to one trading platform may not be kul but I believe the innovative smart way of trading is attracting some of us their coupled healthy liquidity and I hope they continue in that direction cos we need the competition
Hey mates, so I've been using Binance for futures trades and recently I've been noticing the fees are kinda much, almost seems that it's not suitable for small-scale traders anymore but institutions. Now I'm looking for a change just as good but with lesser fees.
I believe there are more traders here who can help with suggestions. So here's what I want:
✅ A CEX with good derivative volume
✅ User interface needs to be simple yet sophisticated, that'll be a motivator
✅ Has lots of trading pairs available
✅ Stop losses execute when due
✅ A platform that doesn't lag
Any suggestions please?
I believe there are more traders here who can help with suggestions. So here's what I want:
✅ A CEX with good derivative volume
✅ User interface needs to be simple yet sophisticated, that'll be a motivator
✅ Has lots of trading pairs available
✅ Stop losses execute when due
✅ A platform that doesn't lag
Any suggestions please?
Yeah. I primarily use bybit & Bitget, but I've been leaning towards the latter these days, due to increased liquidity, KYC took less time, more coins available, plus I'm more comfortable with their UI.
the exchange that had launched its token i think has the cheapest fees since they are giving the option for you as a trader to pay the transaction fees in exchange tokens. the lag that you mention surely just depends on your internet connection.
but i should say everything makes finance qualified in your list criteria. but most exchanges today also have its token so you could actually use any exchanges. once you can navigate one exchange, it's easiest to navigate another.
Deribit has options as well as futures and a quite complex interface, which I prefer, but it does not have many trading pairs. Although I personally would advise against derivatives trading currently, even with low leverage. Crypto prices are too volatile for that.
I have mostly used Bybit in the past due to their good user interphase especially the mobile app but got disappointed with their stupid extra verification requirements and withdrew everything.
Right now I use a combination of OKX, Binance and phemex.
MEXC for brand-new shitcoin derivatives. This one is a real casino
Right now I use a combination of OKX, Binance and phemex.
MEXC for brand-new shitcoin derivatives. This one is a real casino
I have used Binance, Bybit, OKX and HTX before and I like their services. While setting stop lose and take profit, it is better you use limit order for it to fill at the price you are expecting.
Hey mates, so I've been using Binance for futures trades and recently I've been noticing the fees are kinda much, almost seems that it's not suitable for small-scale traders anymore but institutions. Now I'm looking for a change just as good but with lesser fees.
I believe there are more traders here who can help with suggestions. So here's what I want:
✅ A CEX with good derivative volume
✅ User interface needs to be simple yet sophisticated, that'll be a motivator
✅ Has lots of trading pairs available
✅ Stop losses execute when due
✅ A platform that doesn't lag
Any suggestions please?
I believe there are more traders here who can help with suggestions. So here's what I want:
✅ A CEX with good derivative volume
✅ User interface needs to be simple yet sophisticated, that'll be a motivator
✅ Has lots of trading pairs available
✅ Stop losses execute when due
✅ A platform that doesn't lag
Any suggestions please?
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