Your account will be destroyed by leverage trading or soar to incredible heights. Continue reading if you are at ease with this understanding and the risk associated with best crypto leverage trading. If not, goodbye for now.
What Is Leveraged Crypto Trading?
Trading with leverage involves taking out loans from the exchange to fund your trades. No matter how well your deal goes, you still have to pay this money back.
You can borrow a fixed amount to “leverage” your position in the market after depositing a certain amount into your trading account. For instance, if you deposit $1,000 and are given 100x leverage, you may trade with $100,000.
The Best Trading Platform for Best Crypto Leverage?
There is no such thing as the “greatest cryptocurrency leverage trading platform,” and anyone who tells you there is probably just attempting to scam you.
Because there aren’t any Olympics or World Championships for trading platforms with a panel of justices or judges who may declare one as the victor, the so-called “best” platform is simply a random selection!
Some would argue that the platform with the most markets (coins available) and better support qualifies as the best, while others might define “best” as the platform with the highest level of leverage. Your best and mine are not the same, and vice versa.
I’ve researched a variety of cryptocurrency platforms which are the best crypto leverage trading platform, and the one listed below is the one I believe is deserving of the moniker “THE BEST.” It is solely based on my OWN UNCOMPENSATED view.
1. ByBit
Leverage Ratio – 1:100
Coins – BTC, ETH, EOS, XRP, and more than 100 cryptocurrencies
Customer service is of utmost importance to By bit, a bitcoin derivatives trading, like all others on this website. The business excels in communication and transparency. They value it when customers understand who runs the business. Users are invited to share criticism and ideas for development.
Since entering the market in 2018, the rapidly expanding has become one of the most popular Bitcoin margin with solely cryptocurrency deposits.
Their bonus scheme undoubtedly contributes to their appeal. For various acts, users can earn small bonus payments in their accounts that they can use for trading. Highest Leverage PrimeBit
2. Prime bit
Leverage Ratio – 200:1
Coins – BTC, ETH, and LTC coins
Since its inception in August 2019, this brand-new platform has swiftly acquired popularity. Because they doubled the highest leverage previously offered by cryptocurrency margin, they are already well-known. Working with MetaTrader5 is another unique aspect of the platform.
This is particularly important for seasoned traders accustomed to the well-known trading software from authorized offering CFD trading on conventional marketplaces. Instead of the rivals’ 100x leverage, PrimeBit is the first platform to offer 200x leverage.
You may trade perpetual contracts on this platform just like any other, with no expiration dates. Therefore, unlike with conventional Futures contracts, you can maintain an open position or terminate it at any time.
PrimeBit runs on a peer-to-peer network where contracts are directly traded between traders. This appears to have no constraints on how quickly it handles withdrawals. World’s Top Crypto Trading Platform: Binance
3. Binance
Leverage Ratio – 1:125
Coins – Bitcoin, Ethereum, ADA, LINK, BNB, TRX, DOT, EOS, LTC, BCH, XRP, and more coins (Futures contracts)
The world’s most complete bitcoin trading platform is called Binance. They provide:
- Every service related to trading.
- Exchanging.
- Earning money with cryptocurrencies, such as interest or staking accounts.
In contrast to most other platforms, Binance provides cryptocurrency Futures in addition to its altcoin exchange and Bitcoin and altcoin margin trading.
As you can see in the Futures contracts list above, they have many more trading products than other Bitcoin margin, even regarding high-leverage futures. For example, they have lots of various altcoins like ADA or Link. The best crypto leverage trading starts at 20x by default but may be increased to 125x.
More than 80 different cryptocurrencies may be exchanged on the Binance altcoin exchange against USDT or BTC. The trading platform also supports fiat currency transfers; however, account verification is required in this instance. When fiat money is used, this is always the case.
Despite already being the victim of hacks, Binance is still as robust and well-liked as before.
However, because they covered all losses, the hacking had little effect on traders’ confidence. Because of this, there is still regarded as one of the most secure cryptocurrency trading platforms.
BitMEX has long been the market leader in bitcoin margin trading.
4. BitMEX.
Leverage Ratio – 1:100
Coins – BTC, ETH, and LTC coins
Due to its many cutting-edge trading options, BitMEX was the first Bitcoin margin trading platform for experienced day traders.
The Bitcoin Mercantile Exchange offers a variety of advanced orders for the highest level of automated trading settings in addition to 100x leverage. So, this trading platform is the one for you if you want to be able to employ settings like “post only” or even iceberg orders.
Additionally, BitMEX is renowned for having a trading engine that is so strong that delays are not tolerated. BitMEX is the largest and most liquid Bitcoin trading platform with high leverage. Therefore, on this Bitcoin platform, there is a higher chance that your orders will be carried out.
5. PrimeXBT
Leverage Ratio – 1:100
Coins – XRP, EOS, LTC, ETH, BTC, and
Another noteworthy BTC margin trading is PrimeXBT, whose service differs from the one described above. You may trade 30 additional assets on this website in addition to the three largest cryptocurrencies.
More than 20 of the most well-known conventional assets, including BRENT, CRUDE, SP500, NASDAQ, and more, are available for trading with as many as 5 major cryptocurrencies, all of which are available as CFDs against the USD or BTC. Day traders are thus not restricted to only three crypto exchanges.
However, this service likewise exclusively accepts deposits in BTC. Therefore this also operates on a Bitcoin pledge. Because of this, no KYC is required.
Traders can use a third-party provider listed in the PrimeXBT deposit section to purchase Bitcoin if they don’t already have any (Changelly). Their credit cards may also be used to buy cryptocurrencies.
The margin has been in business since 2018 and enjoys a solid reputation because of its professionalism, superior trading platform, and timely withdrawal processing. Their customer support has demonstrated that it is committed and helpful, and they respond quite fast.
6. BaseFEX
Leverage Ratio – 1:100
Coins – Cryptocurrency of BTC, ETH, LTC, BCH, BNB, and EOS
Another cryptocurrency margin with significant leverage is BaseFEX. While BTC may trade at 100x, altcoins can only be done so at 20x. The business was established in 2018 by a group of cryptocurrency traders focusing on providing excellent customer service and a straightforward trading interface.
Trading is possible with USD or USDT against six cryptocurrencies. Takers only pay a uniform 0.0600% since the trading costs are quite cheap. Trade makers at Bitcoin receive a rebate. Thus they are compensated (0.02%) for their transactions. In cryptocurrency trades, the maker gets 0%, while the taker receives 0.06%.
They claim that all user cash is kept in cold storage in safety.
7. SimpleFX
Leverage Ratio – 1:100
Coins – XRP, LTC, ETH, BTC
SimpleFX features a wide array of tradeable assets despite having a very straightforward trading interface.
You may trade stocks, commodities, forex, indices, precious metals, and various other securities in addition to a few other cryptocurrencies. The Caribbean-based platform has been in operation since 2014.
SimpleFX won a competition in 2019 for having the top mobile bitcoin trading app. Users can deposit fiat currency on SimpleFX in addition to BTC deposits, and the indicated above. The standard maximum leverage is 500x; however, regrettably, cryptocurrencies are not included. Only 6x can be used to exchange the latter.
Conclusion
The advantages of the best crypto leverage trading platform USA are obvious; it’s a high-risk, high-reward method that allows you to make insane amounts of money quickly. On the other hand, the risk-reward ratio also works in the other direction; you could lose all of your money and still owe the exchange or money.
Only invest what you can afford to lose, and use caution. The phrase “best” is only a term of art and does not imply that you are safe from harm.
Most other websites, blogs, and videos that claim to have the solution to your concern are paid shills for cryptocurrency exchanges that pay them to promote their services and goods related to best crypto leverage. You’ve been made aware.
