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Author Topic: What's your go to exchange for futures  (Read 2677 times)

Offline Crypto Library

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Re: What's your go to exchange for futures
« Reply #15 on: April 04, 2025, 11:52:21 PM »
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.
In fact, I would call Bybit Exchange very lucky in this journey because if they had not received proper support from the situation they were in, their comeback would not have been possible. In particular, they have received support from every crypto whale and giant platform that has been able to create a positive impact on people's minds and moreover, their financial partners have financially supported them and those are the main cause of recovering themselves.
But that doesn't mean it will be happen every time we also see the ftx exchanger so for storing fund for the long term I think avoiding centralise exchanger would be wise idea

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Re: What's your go to exchange for futures
« Reply #15 on: April 04, 2025, 11:52:21 PM »

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Online Bobcrypto

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Re: What's your go to exchange for futures
« Reply #16 on: April 09, 2025, 01:47:07 PM »
As far as Cex exchanges are concerned, there are many  them to actually trade the future options, like Binance, Bybit, Kucoin, Gate, and many others are all great exchanges to trade future options. I don't frequently trade future but I have used Binance and Kucoin exchanges at sperate time to trade future and they are great exchanges.
However, trading future requires experience and attention, you must be on the watch to the market trends, and to reduce losses, future traders must trade with "Stop Loss" features to avoid being liquidated.

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Re: What's your go to exchange for futures
« Reply #16 on: April 09, 2025, 01:47:07 PM »

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Offline taufik123

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Re: What's your go to exchange for futures
« Reply #17 on: April 14, 2025, 08:18:02 PM »
As far as Cex exchanges are concerned, there are many  them to actually trade the future options, like Binance, Bybit, Kucoin, Gate, and many others are all great exchanges to trade future options. I don't frequently trade future but I have used Binance and Kucoin exchanges at sperate time to trade future and they are great exchanges.
However, trading future requires experience and attention, you must be on the watch to the market trends, and to reduce losses, future traders must trade with "Stop Loss" features to avoid being liquidated.
I also use Binance for futures trading, but only for a short time and don't use futures trading anymore because of the greater risk.

There are no problems with futures trading on CEXs at the moment, they all have complete features and are indeed quite competitive,
but my first experience was with Binance.

Now I focus on Spot trading and long-term investing, no longer using Futures trading because it is indeed high risk and I have also lost a lot of money in futures.

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Re: What's your go to exchange for futures
« Reply #18 on: April 22, 2025, 09:38:30 AM »
Hi everyone. Just thinking about this. Maybe we could share suggestions
Well, my go to exchange for futures trading is no other than Binance, this atleast for a long time now have remained the top exchanges in terms of trading volume and liquidity, and we all know that futures trading requires good liquidity as this is the only way traders can be able to buy and sell instantly without any form of delays and also at the market prices.

Another good option aside Binance is Bybit, Bybit has been up and doing very well for themselves, with their good relation with Binance,  I am not surprised at their success since I remember how small this exchanges started back then, and today, its one of the top exchanges around in the world.
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Offline KryptoBull

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Re: What's your go to exchange for futures
« Reply #19 on: April 24, 2025, 09:54:57 AM »
I also use Binance for futures trading, but only for a short time and don't use futures trading anymore because of the greater risk.

There are no problems with futures trading on CEXs at the moment, they all have complete features and are indeed quite competitive,
but my first experience was with Binance.

Now I focus on Spot trading and long-term investing, no longer using Futures trading because it is indeed high risk and I have also lost a lot of money in futures.
We shouldn't play with our future. It's really dangerous for our accounts and our fate in this market :)

So many famous people on Youtube always encourage their followers to join Futures through their referral links to CEXs like Binance and Bybit, maybe because the commission fees are really attractive. I don't touch Futures, I see it as just a tool that CEXs create to make money from customers more easily by amplifying greed through financial leverage.

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Re: What's your go to exchange for futures
« Reply #20 on: April 24, 2025, 11:51:02 PM »
So many famous people on Youtube always encourage their followers to join Futures through their referral links to CEXs like Binance and Bybit, maybe because the commission fees are really attractive. I don't touch Futures, I see it as just a tool that CEXs create to make money from customers more easily by amplifying greed through financial leverage.

Every trader in the YouTube showcasing their wins and encouraging users to join through their referral links are all showing signs of them depending very much on this commissions given to them. These exchanges are encouraging them to bring more customers to them while they also get their benefits through the losses incurred from this newbie traders. Trading futures may be very risky and not advisable for a beginner to venture into it, but what is most important is that you should have the right knowledge of it, you’ll end up being amongst those that will be rated above the 1% of speculated profitable traders.

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Re: What's your go to exchange for futures
« Reply #21 on: April 26, 2025, 06:06:40 PM »
Exchanges remains what they are, you cant avoid them and you must not rely on them, because they have risk in which they are known for, we should not have our assets on them for a long time, because they are custodial exchanges and they can be hacked while our asset on them can be under the risk of not been recoverable if anything happens, because we do not have the keys to unlock them on the blockchain as coded, while on the other hands, they can be suitable for trading and you get lots of offers on them.

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Re: What's your go to exchange for futures
« Reply #21 on: April 26, 2025, 06:06:40 PM »


 

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