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Author Topic: What's your go to exchange for futures  (Read 2662 times)

Offline BullTrader

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What's your go to exchange for futures
« on: February 21, 2025, 05:14:19 PM »
Hi everyone. Just thinking about this. Maybe we could share suggestions
« Last Edit: February 21, 2025, 05:18:30 PM by BullTrader »

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What's your go to exchange for futures
« on: February 21, 2025, 05:14:19 PM »

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Re: What's your go to exchange for futures
« Reply #1 on: February 24, 2025, 08:04:22 PM »
Hi everyone. Just thinking about this. Maybe we could share suggestions
Are you want to know something about the is our money on exchange safe on future ?

And I think you are asking this most probably because of the recent 1.4 billion hack from the bybit. And I want to say this is not only one incident we have sawn on this crypto space in before we saw many exchanger like even in the top two rank holder FTX crash should be keep in our mind and I also haven't forgot hotbit.

So holding our assets on the exchange is never safe so my opinion for exchanger just keep moving your fund from the cex.

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Re: What's your go to exchange for futures
« Reply #1 on: February 24, 2025, 08:04:22 PM »

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Offline albon

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Re: What's your go to exchange for futures
« Reply #2 on: March 05, 2025, 06:39:50 PM »
Choosing a secure crypto trading platform can be a time consuming task. However, it becomes easier if you follow the right guidelines. Each platform comes with different features and benefits. So, choose the right exchange according to your needs. In the future you will find many new exchange platforms and it will keep pace with crypto. But all exchange platforms will have varying degrees of risk and will never guarantee 100% security for your funds. However, to understand how secure your digital assets will be, it is important to know about the specific security measures used by the exchange.

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Re: What's your go to exchange for futures
« Reply #3 on: March 05, 2025, 07:19:50 PM »

just go where most traders go. we trade on binance for spot and binance as well for futures market. i'm not a futures trader but what i know is that majority are doing it on binance.  no other top exchange dethrone binance.

when you are trading on futures, you might as well do it where you can chat with few others on their channel. 

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Re: What's your go to exchange for futures
« Reply #4 on: March 10, 2025, 07:31:19 PM »
Choosing a secure crypto trading platform can be a time consuming task. However, it becomes easier if you follow the right guidelines. Each platform comes with different features and benefits. So, choose the right exchange according to your needs. In the future you will find many new exchange platforms and it will keep pace with crypto. But all exchange platforms will have varying degrees of risk and will never guarantee 100% security for your funds. However, to understand how secure your digital assets will be, it is important to know about the specific security measures used by the exchange.
I agree with you that if we look at it technically a little better, centralized exchangers are not 100% secure for high risk fund holdings, I think they are not even 5%. But still, most of us feel comfortable keeping our funds here because of only the lower trading fee. Although I think the short-term trader could use it but the fund shouldn't be hold for long-term here.

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Re: What's your go to exchange for futures
« Reply #5 on: March 11, 2025, 06:45:42 AM »

just go where most traders go. we trade on binance for spot and binance as well for futures market. i'm not a futures trader but what i know is that majority are doing it on binance.  no other top exchange dethrone binance.

when you are trading on futures, you might as well do it where you can chat with few others on their channel.
I don't trade on futures as well but my go-to exchange is Binance but this is before when they've been banned in our country. Then, my next stop was with bybit and I think that it has been an amazing alternative after Binance. Then, when the hack with Bybit has happened, I didn't think of any other exchange but maybe because of the shills that I have seen everywhere here and the btctalk, and with many local influencers being affiliated to it, I've went to bitget to move my funds there and sold most of the funds I've got from the former exchanges that I have been with.

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Re: What's your go to exchange for futures
« Reply #6 on: March 13, 2025, 07:33:37 AM »

just go where most traders go. we trade on binance for spot and binance as well for futures market. i'm not a futures trader but what i know is that majority are doing it on binance.  no other top exchange dethrone binance.

when you are trading on futures, you might as well do it where you can chat with few others on their channel.
I don't trade on futures as well but my go-to exchange is Binance but this is before when they've been banned in our country. Then, my next stop was with bybit and I think that it has been an amazing alternative after Binance. Then, when the hack with Bybit has happened, I didn't think of any other exchange but maybe because of the shills that I have seen everywhere here and the btctalk, and with many local influencers being affiliated to it, I've went to bitget to move my funds there and sold most of the funds I've got from the former exchanges that I have been with.
I believe that there are always shall be a rationale for every action so when it comes to the selection of an exchange, I always have a reason. The trust or the lack of it in a particular platform is determined by elements related to security, legal requirements, and the words or say of others. In this case, if you go for a specific reason then it indicates that you have not gone for fashion but for the currently available circumstances. However, this is also dangerous in that frequent change may lead to the loss of control over own assets. Therefore, I like to always have a Plan B where the funds are stored somewhere else or only a limited amount is exposed to the potentially inexperienced fluctuations. People can get more or less profits on the exchanges, but the choice all the time remains and lies within our own hands.
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Re: What's your go to exchange for futures
« Reply #6 on: March 13, 2025, 07:33:37 AM »



Offline electronicash

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Re: What's your go to exchange for futures
« Reply #8 on: March 18, 2025, 07:41:43 PM »

just go where most traders go. we trade on binance for spot and binance as well for futures market. i'm not a futures trader but what i know is that majority are doing it on binance.  no other top exchange dethrone binance.

when you are trading on futures, you might as well do it where you can chat with few others on their channel.
I don't trade on futures as well but my go-to exchange is Binance but this is before when they've been banned in our country. Then, my next stop was with bybit and I think that it has been an amazing alternative after Binance. Then, when the hack with Bybit has happened, I didn't think of any other exchange but maybe because of the shills that I have seen everywhere here and the btctalk, and with many local influencers being affiliated to it, I've went to bitget to move my funds there and sold most of the funds I've got from the former exchanges that I have been with.

our country banned binance. i understand that some of us also stopped using them . however i'm just used to using it and i don't have any other account to other exchanges. after all binance still is accessible using the apps so there is no problem in it besides there are lots of us buying p2p transacstions.

i did try futures in binance back when we need to borrow using our coins. i'm not sure how to it anymore. that was just a test and lost the small capital. its just less than a hundred. i'm not comfortable with leverage.


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Re: What's your go to exchange for futures
« Reply #9 on: March 27, 2025, 06:30:21 PM »
I don't do futures, but if I were to I would likely go with binance as it has plenty coins, enough liquidity and is a reputed platform.
I also stay away from Futures, I've had enough stress being in this market and I'm not ready to use leverage for my trading strategy, at least not until I'm confident in my trading skills and mental management. Some of my friends have gotten rich from Futures, which makes me curious and want to join, but I know my own limits.

Personally, I think until traders can view trading as a boring game of probability and capital allocation, they shouldn't rush into Futures. Spot might be a more suitable service for them to buy and sell without using financial leverage.
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Re: What's your go to exchange for futures
« Reply #10 on: March 27, 2025, 11:26:20 PM »
I don't do futures trading, so i cannot directly recommend any exchange to you, however, you can do futures trading on any 'reputable' exchange. I believe the question should be if you have the skills to handle the risk in futures trading and not even the exchange to trade.

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Re: What's your go to exchange for futures
« Reply #11 on: March 28, 2025, 06:21:17 AM »
I don't do futures, but if I were to I would likely go with binance as it has plenty coins, enough liquidity and is a reputed platform.
I also stay away from Futures, I've had enough stress being in this market and I'm not ready to use leverage for my trading strategy, at least not until I'm confident in my trading skills and mental management. Some of my friends have gotten rich from Futures, which makes me curious and want to join, but I know my own limits.

For people don't know how to trade, futures is as good as gambling and even if you may have made money from it before (all credits to sustained bull trend), that money is bound to go sooner or later.

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Re: What's your go to exchange for futures
« Reply #12 on: March 29, 2025, 06:03:40 PM »
Nothing have changed my approach towards exchanges, i already know them to be of two kinds, the decentralized ones and the centralized exchanges, which i also know why i should use either of them all for my safety and conveniency, once its all about privacy, then i should consider the use of a decentralized exchange while a centralized one should only be considered for trading and exchange of currencies, this will make me not to be in panic over what the future may gives upon my portfolio in crypto while using the secured one.

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Re: What's your go to exchange for futures
« Reply #13 on: March 30, 2025, 05:48:04 PM »
For people don't know how to trade, futures is as good as gambling and even if you may have made money from it before (all credits to sustained bull trend), that money is bound to go sooner or later.
I agree, and even if you know how to trade, you can have a very bad streak trading futures or any kind of trading for that matter. So many people believe that trading and gambling are completely different, but i do not agree, i think they share similarities and risks.

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Re: What's your go to exchange for futures
« Reply #14 on: April 04, 2025, 11:36:12 PM »
Hi everyone. Just thinking about this. Maybe we could share suggestions

I have not used any other exchange to trade asides from Bybit. I have other exchange apps but I haven’t traded there before or even if I did it may just be once or twice. This is not because other exchanges are not good for trading but because I’m convenient using it and allows me for their P2P service in my region. Bybit may not be a top exchange but since I don’t keep funds there for too long and just for trading, I don’t have problems using their services or fear of hack or freeze  of large funds from there.

Hi everyone. Just thinking about this. Maybe we could share suggestions
And I think you are asking this most probably because of the recent 1.4 billion hack from the bybit. And I want to say this is not only one incident we have sawn on this crypto space in before we saw many exchanger like even in the top two rank holder FTX crash should be keep in our mind and I also haven't forgot hotbit.

ByBit hack really made a lot of people to be concerned about their funds in the centralized exchanges but I was happy how they handled the whole issue and resolve it without people funds been held or blocked from withdrawal due to the hack. This is just another remembrance that we should not always leave out funds in an exchange for too long when we are not using it for something there like trading or for p2p services. It’s risky and unsafe.

 

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