Top Cryptocurrency Derivatives Exchanges by Open Interest
Trading in cryptocurrencies has increased substantially in recent years. The impact is there are many new crypto exchanges coming out to provide their service. One type of crypto exchanges that is derivatives exchange. In short, a crypto derivative exchange is a trading platform that provides contract or financial instrument that derives its value from crypto assets such as Bitcoin, Ethereum, XRP, etc. Here is the list of the best derivative exchanges list ranked by the open interest.
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| Exchange | Open Interest | Fees | Coin | Cyber Security Score | Established | |
|---|---|---|---|---|---|---|
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$13,648,816,022
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2019
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$9,782,250,465
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Taker Fee: 0.075% Maker Fee: -0.025%
Taker Fee: 0.075% Maker Fee: -0.025%
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8.49
|
2018
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$8,286,098,738
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Maker - 0.04, Taker - 0.06
Maker - 0.04, Taker - 0.06
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7.64
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2018
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$7,767,840,383
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7.53
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$5,231,014,963
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$4,512,208,775
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https://www.coinw.com/front/coinFee
https://www.coinw.com/front/coinFee
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2017
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$3,572,873,429
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$3,187,166,102
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8.15
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1996
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$2,960,161,583
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8.14
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$2,633,071,650
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Futures orders which provide liquidity receive ...
Futures orders which provide liquidity receive a rebate of 0.02%. Orders that take liquidity are charged a small fee of only 0.05%. Deribit Perpetual Maker Rebate: 0.025% Taker Fee: 0.075% Futures Maker Rebate: 0.02% Taker Fee: 0.05% Options Maker Fee: 0.04% of underlying or 0.0004BTC per option. Ta
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8.28
|
2014
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$2,128,154,660
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0.1%
0.1%
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2018
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$2,024,831,810
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https://primexbt.com/fees
https://primexbt.com/fees
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$1,812,221,709
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spot:0.1%. futures taker 0.06%. maker 0.02%
spot:0.1%. futures taker 0.06%. maker 0.02%
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2022
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$1,765,769,251
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VIP0: Maker Fee Rate 0.02%; Taker Fee Rate0.06%.
VIP0: Maker Fee Rate 0.02%; Taker Fee Rate0.06%.
|
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8.19
|
2021
|
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|
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$1,751,956,215
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Trading Commission = Transaction Value * Floati...
Trading Commission = Transaction Value * Floating Fee Rate + Quantity * Fixed Feeļ¼ If the total commission is positive, traders need to pay the trading fees; If negative, traders will receive a rebate. Floating Fee Rate; Maker -0.025% Taker 0.060% Fixed Fee; Maker -0.00000002XBT/lot Taker 0.000000
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8.14
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2019
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$1,714,138,095
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8.13
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$1,579,640,812
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0.20%
0.20%
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9.25
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$1,493,685,461
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Perpetual trading fee: 0.01% maker fee and a 0....
Perpetual trading fee: 0.01% maker fee and a 0.06% taker fee for contracts.
|
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8.45
|
2019
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$1,360,218,780
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$1,269,839,233
|
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5.35
|
2022
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Additional FAQ
What are the benefit of derivative trading?
These are some of the advantages of derivative trading:
- Hedging: Derivatives can be used to hedge the price of an open position and minimize the risks of trading.
- Leverage: You can open a bigger position size than the actual amount of capital that you have in your account.
- Lock-in price: You can speculate on the price of an asset and take advantage of the fixed price.
Continue Reading at Is Derivative Trading Profitable?
What are types of derivatives?
Generally speaking, derivatives can be divided into two major categories: lock derivatives and option derivatives. Lock products like futures, forwards, and swaps bind both parties involved to take action based on the agreed-upon terms over the predetermined period of the contract. Thus, both parties are obliged to buy or sell the underlying asset at a specific price over a certain period. Meanwhile, options offer both parties the right to buy or sell the underlying asset at a specific price on or before the contract expires.
Continue Reading at Is Derivative Trading Profitable?
What is the difference between crypto derivative and spot?
Typically, traders do their transactions in the BTC spot market, where they can purchase and sell Bitcoins at any time. But remember that such a market comes with certain limitations. The most obvious one is that you can only make a profit when the market price goes up. The idea is to buy BTC when the price is low and then sell it if the price is high.
Meanwhile, people can trade contracts on the Bitcoin derivative market without having to actually own the coin. So it doesn't come as a surprise that in recent years, derivatives have been primarily discussed in the crypto market.
Continue Reading at The Complete Guide to Crypto Derivatives
How are cryptocurrency derivatives used?
To mitigate the risk of investing in the actual coins, cryptocurrency traders utilize derivatives. Traders typically employ derivatives to hedge their portfolios from price changes because it allows them to speculate future prices in a dynamic market.
A crypto trader, for example, would hedge with perpetual swaps, which involve betting in the opposite direction to reduce the chance of a significant loss, especially in the event of a market crash.
Continue Reading at Top 5 Exchanges to Trade Crypto Derivatives
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