When it comes to leverage trading on crypto exchanges, users always look for an exchange that offers low fees rate, more coin support, deep liquidity, and a faster transaction process. Margin trading allows users to earn profits with minimum capital and in a short time. Explaining it in simple words, traders can opt for leverage on their initial margin and can open various positions on the market. However, this medium of trading is slightly complex, and risks of liquidation are associated in a case of market fluctuations. Thus, if you are new to margin trading then it is better for you to first know all the ins and outs of margin trading before getting involved in any trading endeavor. 

Crypto Exchanges Best for Margin Trading 

As a trader, you will spend a lot of time on a crypto exchange, so picking the right one from the get-go is very important. Here is the list of best crypto exchanges that offer margin trading options with minimum trading fees, deep liquidity, interactive UI, and high leverage option. 

Bybit

Bybit is the market’s safest crypto exchange offering top-of-the-line margin trading options. It is quite popular among both advanced and new traders alike because of its transparency and seamless guest experience. The process of withdrawing and depositing funds on Bybit is also quite easy and smooth. Moreover, it provides support to a wide range of crypto assets. Users can avail up to 100x leverage for opening various positions on the market. Along with a high leverage limit, Bybit offers multiple orders such as limit, market, and conditional orders along with inverse perpetual contracts, and a mark/index pricing system. As mentioned before this platform comprises an interactive UI that addresses the trading requirements of traders with different experience levels. The best part about this platform is that it provides an insurance fund system for risk management that makes sure that users’ positions are always secure. 

Phemex

Phemex is also one of the biggest crypto exchange offering margin trading services to traders. This platform is newer to the market however, it has established a great reputation based on the services, financial tools, and products it offers. The platform is trusted and recognized as one of the best crypto exchanges that offer leverage ranging from 5x to 100x. Moreover, it has a native application for both mobile and desktop allowing users to traders on the go, anywhere and anytime. Phemex exchange is a blazingly responsive and fast platform to trade. In addition to its high leverage, its trading engine comprises a <1ms order response time, over 300,000 orders execution in one second, with more than $1 billion in average trading volume on a daily basis. 

FTX

Just like Bybit and Phemex, FTX is also a renowned crypto exchange in the market. This platform is built by traders themselves for traders. Along with margin trading options, this platform also offers some distinct products that are not available on any other exchange. Most importantly, FTX is a trading platform that has numerous futures contracts, not just for the market giants like BTC and ETH, but also for smaller coins like EOS and LINK. This exchange also provides multiple varieties of leveraged coins. Traders can buy inverse leveraged coins, which are essentially positions leveraged against the coin.

This crypto coin exchange is popular among traders because of its low fee structure. The fee structure becomes more competitive when you trade or buy exchange native crypto asset FTT tokens. For traders into staking, by staking FTT users pay less trading fees, and enjoy several other benefits.

Last but not least this platform provides exceptional customer support. They have live chat support where users can get in touch with the customer support agent within mins. The average issue resolution time is 24 hours. The platform has an exceptional customer satisfaction and retention rate because of its exemplary customer service. 

Binance Futures

Every trader knows that Binance is one of the best crypto exchanges when it comes to margin trading. Binance is recognized as one of the largest cryptocurrency exchanges on the market because of its high trading volume and advanced security. Binance Futures is also the best crypto exchange for margin trading. This exchange has comparatively low taker charges, especially if traders utilize platforms native BNB tokens to pay trading charges.

Final Verdict

Considering factors such as liquidity, trading fees, transaction speed, security, UI, and leverage limit, all above-mentioned crypto exchanges are efficient in what they offer. It depends on user trading scope and requirements to determine which platform to go for. However, if you are not familiar with margin trading then you can first attain some background knowledge and hands-on experience using demo accounts before making a trade.