Margin allows traders to speculate on cryptocurrencies with leverage. Our beginner’s guide explores the best places to trade digital assets with margin in 2025.
Many traders use margin facilities to “long” and “short” cryptocurrencies with high leverage multipliers. Some platforms offer leverage of up to 1000x on popular assets, such as Bitcoin (BTC), XRP (XRP), and Ethereum (ETH). We tested over 25 providers and found that the best crypto margin trading exchanges are CoinFutures, MEXC, and Binance.
Read on to learn more about the top margin platforms for safety, leverage limits, supported markets, and trading fees. We also explain how crypto margin works, the pros and cons of trading with leverage, and how to mitigate liquidation risks.
Key Takeaways for Top Crypto Margin Exchanges
CoinFutures ranks as the overall best place for crypto margin trading. It offers leverage of up to 1000x, which converts to a 0.1% upfront margin.
MEXC and Binance suit intermediate-to-advanced margin traders who seek extensive analysis, advanced trading tools, and deep liquidity.
The most important factors when researching platforms are supported pairs, maintenance margin requirements, security framework, and trading commissions.
Trading with excessive leverage increases liquidation risks, which result in traders losing their initial margin.
Traders in some regions, including the U.S. and the UK, face restrictions on crypto margin accounts. Research shows that no-KYC platforms provide a suitable workaround.
The Top 10 Best Crypto Margin Trading Exchanges
All factors considered, here are the best crypto margin trading exchanges for 2025:
CoinFutures: The Overall Best Crypto Margin Trading Platform
MEXC: Go Long and Short on 1,100+ Crypto Derivative Pairs
Binance: World-Class Trading Tools for Seasoned Crypto Margin Traders
Kraken: Top Choice for Spot Margin Accounts in a Regulated Environment
WEEX: Trade Dozens of Meme Coins with Affordable Margin Requirements
Margex: User-Friendly Mobile App to Trade Crypto Futures with 100x Leverage
BloFin: Popular Margin Provider to Earn Rewards and Airdrop Bonuses
KCEX: Best Crypto Margin Exchange for No-KYC Trading Accounts
PrimeXBT: Speculate on Leveraged Crypto CFDs on a Spread-Only Basis
ByBit: Trade Options and Delivery Futures on Margin with Deep Liquidity
The 10 Best Crypto Margin Trading Platforms Reviewed
Our extensive research explored the best places to margin trade crypto. We evaluated client-fund safety, listed markets, margin requirements, payment methods, and fees. Read on to choose the best crypto margin trading exchange for you.
1. CoinFutures: Our Top Pick for Crypto Margin Trading in 2025
Min Margin: 0.1%
Max Leverage: 1000x
Supported Cryptos: 11+
Crypto Margin Trading Fees: Platform users choose between a P&L or a flat fee
Min Deposit: No minimum
Withdrawal Fees: 5 USDT
Overall, CoinFutures is the best place to trade cryptocurrencies with margin. The platform offers a 1000x leverage on all available markets, which include top cryptocurrencies such as BTC, XRP, ETH, Dogecoin (DOGE), and Litecoin (LTC). Users risk $10 to access up to $10,000 in crypto exposure.
CoinFutures features a beginner-friendly interface. Traders go long or short through “Up” and “Down” orders, and the platform displays liquidation prices that adjust with the leverage multiplier. Basic charting tools can help investors to make informed trading decisions, and stop-loss and take-profit orders enable a sensible risk management framework.
The best crypto margin trading exchange for beginners
Get 1000x leverage on all listed markets
Traders avoid KYC requirements and account minimums
Mitigate risks through stop-loss and take-profit orders
Accepts cryptocurrencies and traditional payment methods
The platform processes most withdrawal requests instantly
Cons
The charting dashboard lacks advanced indicators and drawing tools
Other margin platforms offer a wider range of pairs
2. MEXC: Trade Over 1,100 Perpetual Futures with Low Margin Requirements
Min Margin: 0.2%
Max Leverage: 500x
Supported Cryptos: 1,100+
Crypto Margin Trading Fees: 0.01% (makers) and 0.04% (takers)
Min Deposit: Varies by deposit method. Instant fiat purchases require $10
Withdrawal Fees: Dynamically adjusted crypto withdrawals (Bitcoin: 0.00001 BTC)
MEXC suits active margin traders who want access to a huge range of derivative markets. As the exchange lists over 1,100 perpetual futures, users can discover the fastest-growing cryptocurrencies. In addition to established large-caps and popular meme coins, MEXC frequently lists new cryptocurrencies with modest market capitalizations.
Platform traders post a minimum margin of 0.2% on major markets like BTC/USDT and ETH/USDT. This margin structure equates to 500x leverage. Although most derivative contracts offer linear settlement, MEXC lists a small selection of inverse markets, including LTC/USD and XRP/USD. Traders choose between cross or isolated margin trading, depending on their risk tolerance.
Amplify Market Exposure: Margin traders control a much larger amount of cryptocurrencies than they can initially afford. This perk enables traders to target substantial profits without requiring a large initial deposit.
Flexible Trading: Margin accounts support long and short trading, so users speculate in both market directions. This benefit lets traders profit from overvalued projects or extended bear markets.
Increased Diversification: Traders increase their purchasing power when they use margin, which enables them to diversify into additional markets without depositing additional capital.
Capital Efficiency: Since margin traders allocate a small percentage of the overall trade size, they become capital efficient. This advantage allows traders to explore other investment opportunities.
Drawbacks of Crypto Margin Trading
Liquidation Risks: Margin trading carries liquidation risks. If a trade becomes liquidated, the exchange immediately closes it and retains the user’s upfront margin.
Ongoing Fees: Most margin products incur ongoing fees, making long-term strategies less viable. Platforms typically charge funding fees every 4-8 hours.
Speculation Over Ownership: Margin accounts let traders speculate on price fluctuations only. They provide no asset ownership, so exchange users cannot withdraw or control cryptocurrencies.
Understanding Crypto Margin Trading Exchange Fees
Crypto margin fees are considerably more expensive than traditional spot trading. This drawback increases trading costs and reduces potential profits.
Here are the most common fees that margin traders incur.
Trading Commission
Crypto margin trading exchanges charge commissions when users enter and exit the market. Similar to spot trading, platforms calculate commissions in percentage terms against the total trade value.
Trading with excessive leverage leads to large trading costs, as exchanges charge fees against the full position value. For example, Kraken charges a 0.04% commission on market orders. A $1,000 upfront margin with 50x leverage converts to a $50,000 trade size, which amounts to a $20 commission.
Margin Interest Fees
Margin platforms charge interest rates on borrowed funds. These fees correlate with initial margin and the amount of leverage applied.
Binance has a large range of crypto available for trading. Source: Binance
We found that interest rates vary by trading pair, as more volatile markets attract higher APRs. While Binance charges a competitive annual rate of 0.37% to borrow BTC, Bitcoin Cash (BCH) incurs a 11.46% APR. The exchange implements these fees hourly.
Funding Fees
Perpetual futures use the funding system instead of traditional margin interest.
Typically every eight hours, platforms charge long or short traders depending on the imbalance between buy and sell orders. This framework ensures derivative prices align with spot exchange prices.
Securing Low Margin Fees
Some margin exchanges incentivize active traders with lower fees, which include reduced commissions and more competitive interest rates. Discounts often depend on the trader’s 30-day trading volume, or whether they hold the exchange’s native token.
Best Practices for Risk Management
Trading cryptocurrencies on margin increases the risk-reward spectrum. Follow these best practices to mitigate risk.
Use Leverage Wisely: A direct relationship between leverage multipliers and liquidation risks exists. Increasing the leverage size lowers the margin buffer, so liquidation occurs more easily. Trading with sensible leverage amounts helps traders reduce the liquidation probability.
Use Stop-Loss Orders: To protect your margin position against liquidation, ensure you place stop-loss orders. Exchanges close losing trades automatically based on the trader’s stop-loss price. While traders still face losses, avoiding liquidation cuts those losses to manageable amounts.
Choose the Right Margin Product: Research different crypto margin products to find the right instrument for your strategy and risk tolerance. Delivery futures suit long-term strategies, as they eliminate funding and margin fees. Options offer limited downside, while spot margin accounts improve capital efficiency. Perpetual futures offer the highest leverage limits, so they appeal to high-risk traders.
Trade Major Markets Only: Another best practice is to stick with large-cap cryptocurrencies. As these markets are less volatile, traders reduce liquidation risks. They also provide more competitive funding/interest rates, and deeper liquidity ensures traders enter and exit positions without adverse slippage.
Create an Exit Strategy: Successful margin trades can yield substantial gains, especially when traders use high leverage. Experts recommend setting an exit target through take-profit orders. Platforms close positions if the target price triggers, which ensures traders secure their gains.
How to Trade Crypto Margin Safely
The following step-by-step guide explains how to margin trade crypto. We use the beginner-friendly CoinFutures platform for this walkthrough.
Step 1: Open a Margin Trading Account
Visit the CoinFutures website and click “Register” to open an account. CoinFutures is a no-KYC provider, so new customers require an email address, nickname, and password only.
Signing up to CoinFutures crypto futures. Source: CoinFutures
Verify your email address, then download the CoinPoker desktop software or mobile app. Note that CoinPoker runs the CoinFutures platform, which is why users trade on its interface.
Step 2: Deposit Funds for Margin Collateral
CoinFutures traders deposit funds on the CoinPoker dashboard. Tap the “Wallet” icon and choose the deposit asset. The platform accepts multiple cryptocurrencies, including USDT, BTC, ETH, and BNB.
Copy or scan the deposit address and complete the transfer from a private wallet or exchange account.
Depositing trading funds on CoinFutures. Source: CoinFutures
To deposit fiat money, click the “Deposit with Card” option. CoinFutures supports popular payment methods such as Visa, MasterCard, and Google/Apple Pay.
The provider converts both crypto and fiat payments to USDT, as all listed trading pairs contain the stablecoin.
Step 3: Explore Margin Trading Markets
Exit the cashier page and select “Crypto Futures”. To view available markets, tap the “BTC/USDT” icon.
Placing trades and deciding whether prices go up or down. Source: CoinFutures
We suggest BTC or ETH for first-time margin traders, as these markets offer reduced volatility and more competitive spreads. Higher-risk traders may prefer lower-cap assets like Chainlink (LINK) or Litecoin (LTC).
Step 4: Set up a Margin Trading Order
Click “Up” or “Down” to go long or short on the crypto trading pair. Then enter the initial margin (wager), which resembles the maximum loss potential.
The BTC/USDT chart and entering wagers. Source: CoinFutures
Enter the required leverage (multiplier). The selected multiplier determines the total market exposure. In the example above, the trader’s $300 wager at 200x converts to a $60,000 position size.
Step 5: Set Risk Management Levels and Place Order
We recommend setting a stop-loss order before you place a margin trade. Tap “Auto” and scroll down to “Close Bet at Price”.
Placing a stop-loss and confirming your bet. Source: CoinFutures
Enter the maximum amount you wish to risk in USD, or set a specific asset price. If the market price aligns with the stop-loss target, CoinFutures closes the trade immediately.
Finally, confirm the order. The platform executes the position right away.
Conclusion
Margin boosts trading balances, which can enable traders to bet on falling crypto prices, improve capital efficiency, and increase their purchasing power. However, it also comes with a much higher risk of capital loss. Traders should start small and ensure they follow risk management strategies.
While many platforms offer high crypto margins, we rate CoinFutures as the overall best option. The platform has a beginner-friendly interface and high leverage. Traders avoid KYC requirements and account minimums, and can use built-in tools like stop-loss orders to mitigate risk. The platform offers exposure to BTC, ETH, SOL, and other top altcoins.
