Read our expert-led reviews for the top leverage trading crypto platforms. Learn how to trade leveraged Bitcoin products like simulated, perpetual, and delivery futures.

We tested 20+ leverage trading crypto exchanges and found that CoinFutures is the overall best option. CoinFutures offers simulated futures products on top cryptocurrencies with 1000x leverage, and a user-friendly dashboard that appeals to beginners.

In crypto, leverage offers high trading multipliers, boosting small deposits into significant market exposure. Traders typically buy and sell futures products, which enables them to speculate on crypto price movements without owning the underlying coins or tokens.

Read on to explore the best places for crypto leverage trading. We rank the top providers based on maximum leverage, trading commissions, available cryptocurrencies, and other key factors.

Key Takeaways

• Leverage is a high-risk, high-reward trading tool used by short-term crypto traders. It amplifies trade sizes by the chosen leverage multiple.

• A trader who risks $100 with 10x leverage receives $1,000 in market exposure. This framework amounts to a margin requirement of just 10%.

• Some crypto trading platforms offer significant leverage multiples of up to 1000x. The more leverage applied, the higher the trading risk.

• If leveraged trades decline below the initial margin, exchanges close positions, and traders lose the original wager.

• When choosing an exchange for leverage trading, consider safety measures, supported trading pairs, fees, and liquidity.

Top Leverage Trading Crypto Exchanges: Ranked for 2025

Our research confirms that these platforms are the overall best options for leverage trading crypto:

1. CoinFutures: The most beginner-friendly crypto leverage platform with 1000x multiples

2. MEXC: Trade hundreds of perpetual futures with a minimum margin of 0.2%

3. Kraken: Advanced futures charting platform with 350+ crypto markets

4. Margex: Access 100x leverage via secure and anonymous trading accounts

5. Coinbase: Tier-one exchange offering 10x leverage to U.S. retail traders

6. Bybit: High-leverage platform with crypto options, futures, and perpetuals

7. Binance: Speculate long and short on delivery futures with 125x leverage

8. Gemini: Security-first exchange with a feature-rich trading dashboard

A Closer Look at the Best Crypto Leverage Trading Providers: Full Reviews

We now review the best crypto leverage trading platforms in the market today. Learn how each platform compares by key factors, from supported derivative products and crypto pairs to trading fees, payment methods, and features.

1. CoinFutures: Trade Bitcoin and Popular Altcoins with Leverage of up to 1000x

CoinFutures is a beginner-friendly trading platform available on desktop and mobile software. It offers simulated crypto futures, and users speculate long and short without limit orders or complicated margin contracts. Traders enter the market direction, wager amount, and required leverage multiple, and the platform places the trade instantly at the current market price.

On CoinFutures, the platform caps leverage at 1000x on all listed pairs. High-risk traders who use the maximum multiple amplify a $10 wager to $10,000. This leverage structure resembles a 0.1% margin requirement, which is the lowest in the industry. Platform users can reduce the leverage multiple if they want to lower the liquidation risk.

Appeals to beginners seeking leverage in a user-friendly environment

• Premium trading experience on native desktop and mobile software

• Trade Bitcoin and altcoins with leverage of up to 1000x

• Its simulated futures markets enable long and short trading

• No deposit minimums and withdrawals are processed instantly

• The platform secures client funds in regulated and insured Fireblocks vaults

Cons

• Offers a limited range of meme coins

• Users cannot access the trading platform on standard web browsers

2. MEXC: Access a Huge Selection of Perpetuals With a Maximum Leverage of 500x

MEXC lists hundreds of perpetual futures, which remain popular derivative products without expiration dates. Traders go long or short on over 900 markets, including the best meme coins like Toshi, Peanut the Squirrel, SPX6900, Fartcoin, and Dogecoin.

Futures contracts support other top Web 3.0 narratives, too, from artificial intelligence (AI) and real-world assets (RWA) to Solana tokens and Layer 1s. MEXC has a minimum margin requirement of 0.2%, amounting to 500x leverage. Traders should expect lower leverage limits on markets with less liquidity and/or higher market volatility.

Popular with seasoned traders who demand high-level charting tools

• The exchange lists over 900 futures markets

• Minimum margin requirements of 0.2% on major coins and tokens

• Regular promotions offer selected futures pairs at 0% commission

Cons

• Beginners may find the dashboard too advanced

• Lacks crypto leverage trading markets for delivery futures and options

3. Kraken: High-Level Desktop and Mobile Trading Platform for Perpetual Futures

Founded in 2011, Kraken is a safe and regulated crypto exchange with robust security features. Its advanced futures trading platform supports Mac and Windows software, plus a mobile app for iOS and Android.

The Kraken charting dashboard provides full functionality, with over 25 data widgets, custom layouts, and leading technical indicators like RSI and MACD. Users also gain access to live order books, streaming features, and bespoke order types like IOC and reduce-only.

An established and regulated leverage crypto trading exchange

• Speculate on over 350 futures markets

• Get 50x leverage on large-cap cryptocurrencies

• Top-tier security features ensure client safety

Cons

• The KYC onboarding process is slow

• Huge transaction fees to buy crypto with debit/credit cards

4. Margex: No-KYC Exchange with 55+ Futures Pairs and 100x Leverage

Margex offers one of the fastest sign-up processes, since new users register with an email address and password only. As a no-KYC provider, Margex allows users to buy and sell perpetual futures contracts globally without completing ID verification. This factor is important to users in countries with strict laws that prohibit leveraged products.

The platform lists over 55 perpetual markets, and on top cryptocurrencies like Bitcoin and Ethereum, the minimum margin requirement starts at 1%. Margin increases to 2% or 4% on smaller-cap assets like Jupiter, Algorand, and Bonk.

Open a leveraged trading account without KYC verification

• Instant deposits via fiat payments or crypto

• Trade 55+ markets long or short

• Margin requirements start at just 1%

Cons

• It attracts lower liquidity levels than major futures exchanges

• Withdrawals process runs once daily between 12:00 and 14:00 UTC

5. Coinbase: Best Option for U.S. Retail Traders Seeking Leveraged Crypto Products

Coinbase is one of the best crypto exchanges for beginners, and the safest in terms of licensing, regulation, and security. The platform recently secured approval from the Commodity Futures Trading Commission (CFTC) to offer U.S. retail clients crypto leverage trading products.

Coinbase allows traders to buy and sell perpetual futures contracts, with only two markets currently available: Bitcoin and Ethereum. Users trade these contracts via nano futures, and the minimum margin requirement on both products is 10%. This drawback means leverage ratios cap at just 10%.

CFTC-approved futures contracts for retail traders in the U.S.

• Experts consider Coinbase as the safest crypto exchange globally

• Offers free and fast ACH deposits and withdrawals

Cons

• The 10% minimum margin requirement is restrictive

• Ethereum is the only altcoin supported

6. Bybit: Top-Rated Derivative Platform with Deep Crypto Options Chains

Bybit has an extensive range of leveraged derivative products, including options markets for Bitcoin, Ethereum, and Solana. Options suit traders who want the ideal balance between high leverage and limited risk.

The exchange offers call and put options across deep chains, with daily, weekly, and longer-term contract expirations. A huge range of strike prices is available, and the position builder guides users to the right contract.

Bybit users also access perpetual futures markets. Over 700 cryptocurrencies are traded long and short, including speculative meme coins like OFFICIAL TRUMP and Sundog.

One of the best leverage trading crypto exchanges for options

• Purchase call and put contracts via deep options chains

• Offers 200x leverage on perpetual and delivery futures

Cons

• Restricted countries include Canada, France, Singapore, and the UK

• Inexperienced investors find the platform overwhelming

7. Binance: Trade Delivery Futures at the World’s Biggest Exchange for Liquidity

With over 13 pairs, Binance has the largest range of delivery futures contracts. Key markets include Bitcoin, BNB, XRP, Ethereum, and Solana. Traders choose from quarterly or bi-quarterly contract terms, and go long or short without incurring funding fees.

The maximum leverage is 125x, and trading commissions are 0.05% for market orders. Those commissions reduce to 0.02% when placing limit orders, and discount further as traders increase their VIP tier.

Trade delivery futures across 13 crypto markets

• The exchange also supports 570+ perpetuals and a limited range of options

• Linear and inverse contract terms suit all trading risk profiles

Cons

• Crypto leverage trading facilities are blocked in the U.S.

• Suitable only for intermediate-to-advanced traders

8. Gemini: Trusted Exchange with Strong Regulation and Bank-Grade Security Systems

Regulated by the New York State Department of Financial Services (NYSDFS) and other tier-one bodies, Gemini is a secure trading platform for retail and institutional clients. Security features include cold storage, 24/7 risk management teams, two-factor authentication, and whitelisted wallet addresses.

Gemini’s leverage department lists approximately 20 perpetual futures with long and short trading. Popular markets include meme coins like Bonk, Pepe, and Floki, and the maximum leverage is 100x. Perpetual contracts trade against the exchange’s native stablecoin, GUSDC.

Trade perpetual futures with 100x leverage

• The proprietary ActiveTrader platform is feature-rich

• Security measures are industry-leading

Cons

• Market takers initially pay 0.07% per side

• The KYC verification process is slow and cumbersome

Top Crypto Leverage Platforms Compared by Core Metrics

Use the table below to compare the top crypto exchanges with leverage in 2025:

Crypto Leverage Explained: How Does it Work?

Most crypto exchanges offer leveraged markets like perpetual and delivery futures. Leverage provides traders with boosted capital, based on the chosen multiple and initial upfront margin.

One example is a trader who deposits $200 into their margin account and trades with 200x leverage. The original $200 wager amplifies to $40,000. The outcome is that crypto investors may control substantial trading funds, even when they lack large sums in their exchange account.

Leveraged products differ from traditional crypto investments, as their derivative nature means traders do not own, receive, or control the respective digital assets. Instead, derivatives are speculative contracts traded between buyers and sellers, which enable holders to go long or short.

When trading crypto with leverage, exchange users borrow funds from the platform. This structure invites “liquidation” risks, which, depending on the product, are usually capped to the margin stake. The simple explanation is that exchanges automatically close trades if their value falls below the maintenance margin limit. The multiple selected determines that limit, since higher leverage leads to greater market exposure.

Why Do Crypto Traders Use Leverage? Key Benefits Revealed

Millions of crypto traders use leverage daily. Here are the reasons why leverage remains a popular trading tool with active investors.

Minimal Margin Requirements

When you buy cryptocurrencies like Bitcoin and Ethereum from a traditional exchange or broker, you pay 100% of the purchase amount upfront. This dynamic restricts people from investing more than they can afford.

In contrast, leverage trading crypto platforms let traders access significantly more capital compared with the original deposit. This is because of the margin system, where users only cover a small percentage of the overall trade size.

Margin stipulations vary by the provider and account status, but platforms like CoinFutures require just 0.1%. The outcome is that CoinFutures users trade $25,000 worth of cryptocurrencies with a $25 balance.

Boost Crypto Returns by Massive Multiples

Experienced investors use leverage to boost trading profits by considerable multiples. Day traders, for instance, use high-leverage levels, since the strategy typically yields small profit margins.

While a successful day trading session may return 1% gains, using 1000x leverage increases those margins to 1000% before fees.

Short-Sell Overvalued Cryptocurrencies

Like all financial markets, crypto valuations rise and fall. Most investors buy digital assets in the traditional sense, so they only make money when prices increase.

Enter crypto trades with a small fraction of the overall market exposure

• Traders amplify market returns when they trade crypto with leverage

• Speculate long and short on crypto price movements during all cycles

• A diverse range of derivative instruments supports different trading strategies

• Use leveraged markets to hedge against short-term uncertainty

• The best crypto leverage trading platforms offer no-KYC accounts

Cons of Leverage

• High leverage crypto trading makes liquidation more probable

• Volatile markets can liquidate positions in seconds

• Frequent liquidation leads to emotional risks

• Long-term strategies aren’t viable due to high leverage fees

• Some countries prohibit retail clients from trading leveraged cryptocurrencies

Crypto Leverage Trading Best Practices

This section provides crypto leverage best practices, according to experts. Read on for key strategies to help maximize profits and minimize risk.

Start with Modest Leverage

Liquidation risks are reduced massively when traders use lower leverage limits.

A bullish trader who applies 5x leverage remains in the trade unless the digital asset declines by 20%. This leverage ratio also provides more space for stop-loss positioning. The trader may set the stop-loss level at 10%, which ensures they avoid liquidation and minimize losses on unsuccessful predictions.

These safety zones disappear on high-leverage trades. A 100x position offers a 1% liquidation buffer and virtually no room for the stop-loss order.

Pre-Plan Entry and Exit Points

Traders must define a predetermined entry and exit plan before they execute trades. The right entry point helps them avoid trading long at the peak or going short before a market reversal.

Exit points are just as important. Stop-losses cap potential losses, while take-profits let traders automatically lock in profitable positions.

Trade Linear Contracts Only

Linear contracts ensure the maximum loss potential is capped at the upfront margin. Simulated futures at CoinFutures, for instance, are linear by default. Users forfeit the original wager if the trade is liquidated, yet the platform cannot take funds from other open positions.

Linear-style futures on CoinFutures ensure the trader’s risk is capped to their original wager. Source: CoinFutures

Inverse contracts operate differently. Although they offer a higher upside potential, liquidated trades can wipe out the entire account balance in one transaction. These products are aimed at experienced traders with advanced risk management controls.

Focus on Liquid Majors

The risks and rewards of leverage trading crypto depend on the chosen pair. Popular altcoins like XRP, Cardano, and Dogecoin often outperform Bitcoin and Ethereum during bullish markets, yet they’re also more volatile. Higher volatility creates profit opportunities but also increases the liquidation risk.

Experts recommend that beginners use leverage on Bitcoin and Ethereum only, as these markets provide more stable trading conditions. Traders may consider smaller-cap markets once they’ve learned risk management.

Beginner’s Walkthrough on Crypto Leverage Trading (Step-by-Step Guide)

This tutorial explains how to safely trade cryptocurrencies with leverage. We explain each step using CoinFutures, as it’s the most suitable option for first-time traders. CoinFutures offers simulated futures with capped losses and 1000x leverage in a secure environment.

Follow these steps to place a leveraged crypto trade.

Step 1: Open a CoinFutures Account

First is the account registration process. Visit the CoinFutures website and click “Register”. Provide an email address and nickname, plus a strong password.

New CoinFutures users enter an email, nickname, and password only to open an account. Source: CoinFutures

CoinFutures sends a verification email. Click it to confirm the account registration.

Step 2: Download and Install the CoinPoker Software

CoinFutures offers crypto futures trading on the CoinPoker software. CoinPoker is the regulated parent company that was founded in 2017.

The CoinFutures trading platform operates on the CoinPoker software, available on desktops and mobiles. Source: CoinFutures

Select the desktop or mobile version, then download and install the software. Open the CoinPoker application and enter your email and password to log in.

Step 3: Make a Deposit

In the right corner, click the “Wallet” icon, which takes you to the deposit page.

Select a crypto to deposit via the “Currency” box. Also, select the network if you’re depositing an asset that operates on multiple blockchains, like USDT and USDC.

CoinFutures offers automated crypto payments without minimum deposit requirements. Source: CoinFutures

The system provides a wallet address for the crypto selected. You can copy it or click “Scan & Send” to scan its QR code.

Complete the transfer from a non-custodial wallet, and wait for the funds to arrive. Payments are automated at CoinFutures, so exact times depend on the network.

Note: Don’t have any crypto? CoinFutures accepts instant deposits via debit/credit cards and e-wallets.

Step 4: Browse Crypto Leverage Markets

Select the “Crypto Futures” button once the deposit arrives. Click “BTC/USDT” to reveal the full list of supported cryptocurrencies.

CoinFutures markets include Bitcoin, Ethereum, Litecoin, and other popular altcoins. Source: CoinFutures

Popular markets include Dogecoin, XRP, BNB, Avalanche, Chainlink, and Solana. If you’re inexperienced with leverage, consider trading Bitcoin and Ethereum, since these assets are less volatile.

Step 5: Choose the Trade Parameters

This step requires some trade parameters, including the market direction, stake, and leverage.

The market direction is a choice between “Up” and “Down” based on whether you predict rising or falling price movements.

The wager is the total risk amount in USD. As a simulated futures provider, CoinFutures’ losses cannot exceed the wager. The minimum wager is $1.

CoinFutures users trade crypto futures with leverage of up to 1000x. Source: CoinFutures

Now select the leverage multiple. CoinFutures supports any amount up to 1000x, although beginners should trade with much smaller amounts.

CoinFutures Bust Price

CoinFutures liquidates trades when the “Bust Price” is reached. It adjusts when traders enter their market direction and leverage multiple. Reducing leverage gives you more breathing room, as the liquidation rate shifts away from the entry price.

Step 6: Set Exit Parameters and Place Futures Trade

Stop-losses are an important best practice when leverage crypto trading. Select the “Auto” button and set the stop-loss by the market price or in USD.

CoinFutures supports stop-loss and take-profit features. Source: CoinFutures

CoinFutures also supports take-profits. Set the take-profit price accordingly to ensure a clear exit strategy.

Press the “Place Bet” button to submit the futures positions.

Before trading digital assets with leverage, remember to follow risk management best practices. Avoid highly volatile pairs and excessive leverage levels, and always have an exit strategy via stop-loss and take-profit tools.

According to our research, CoinFutures is the best crypto leverage trading platform in 2025. It offers leverage multiple from 1x to 1000x via simulated futures, and the trader’s potential losses are restricted to their wager. The hassle-free sign-up process takes seconds, as CoinFutures is a no-KYC trading platform with instant crypto deposits.