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Are you looking for the best crypto leverage trading platform because you want to increase your trading power? Well, then, it’s your lucky day! Below, you’ll find the list of the top crypto exchanges that are great for leverage trading. It includes such crypto platforms as Binance, Coinbase, Kraken, and the list goes on…
To be more precise, I handpicked a list of the top 7 best crypto leverage trading platforms out there. This will save you the hassle of going through numerous leverage trading platform reviews because you'll find them all in one place.
I'll be reviewing the following cryptocurrency exchanges:
- Kraken – Leverage Trading Platform for US Traders
- Coinbase – Great for Beginners
- HTX – Trading With Up to 200x Leverage
- Uphold - Trade Crypto, Fiat, Metals, and More
- Crypto.com - The All-In-One Crypto Exchange
- BYDFi - User-Friendly Trading for All
- Cryptomus – A Solution for Individual Traders & Businesses
By the way, under the list, you'll also find information about leverage trading, its pros and cons, risks, and more. That said, let’s proceed to my best crypto leverage trading platform list!
1. Kraken – Leverage Trading Platform for US Traders
Ranks #1 out of 7 Crypto Exchanges.jpg)
- + Secure and reliable
- + Accepts fiat currencies
- + Lots of trading options
- + 24/7 customer support
- + Opt-in staking
- - Relatively high fees
Leverage Trading Products: Spot margin trading and futures trading.
Maximum Leverage: 50x.
Standard Fees: Spot margin trading - 0.1%-0.2%; futures trading - 0.02% for makers, 0.05% for takers.
You've probably already heard about Kraken, a US-based crypto exchange. It surely is one of the best cryptocurrency exchanges that provides users with a variety of trading options, an easy buy/sell feature, NFTs, a learning platform, and so much more. Besides, it also provides several types of leverage trading, which makes it a worthy competitor in this best crypto leverage trading platform list.
Speaking of leverage trading options, for one, Kraken provides users with spot margin trading. It allows them to buy (or sell) crypto assets from various spot markets offered by Kraken using borrowed funds. There are over 100 Kraken spot markets that support this feature.
The maximum leverage allowed by Kraken’s spot margin trading is 5x. While it’s not the biggest compared to some other best crypto leverage trading platforms, it surely is sufficient. Especially, if you want to participate in less risky leverage trading.
The fees for opening a spot margin trading position depend on the crypto asset in question. However, they range between 0.01% and 0.02%. Though, in addition to paying a fee for opening positions, you also have to pay rollover fees every 4 hours to keep them open (the same amount as the opening fee).
Kraken also provides users with futures trading. Those who participate in futures trading can enhance their buying/selling power with leverage. The available leverage ratio in futures trading is 50x.
Additionally, it’s worth noting that, in order to manage trading risks with futures contracts, traders can activate margin mode functionality. It allows choosing between isolated and cross margin trading options.
The fees for Kraken futures trading employ the maker-taker model and range based on individual 30-day trading volume. Maker fees go from 0.02% to as low as 0%. Taker fees, on the other hand, range from 0.05% to 0.01%. However, for the most up-to-date pricing, always check the official website.
Now that we’ve discussed Kraken leverage trading options, we can clearly see that Kraken is one of the best crypto leverage trading platforms in USA, or other countries, for that matter.
But why is it a good crypto trading platform overall? Well, it surely has an easy-to-navigate user interface, a decent variety of crypto assets to choose from, and great customer support. Besides that, Kraken has one of the lowest fees in the industry – they usually are somewhere in between 0% and 0.4%.
2. Coinbase – Great for Beginners
Ranks #2 out of 7 Crypto Exchanges
- + Fiat currencies - accepted
- + Simple to use
- + Accepts only the most trustworthy cryptocurrencies
- + Very secure
- - Some of the less-known coins aren't supported
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Leverage Trading Products: Margin trading and futures trading.
Maximum Leverage: 10x.
Standard Fees: Margin trading - 0.4% for makers, 0.6% for takers; futures trading - 0.02% for makers, 0.04% for takers.
A crypto exchange that must be on this best crypto leverage trading platform list is Coinbase! It allows users to easily buy and sell crypto assets, earn from crypto, learn about it, and do so much more.
Leverage trading on Coinbase allows users to participate in margin trading with up to 10x leverage. This can be done via the Coinbase Advanced trading interface, which was created for professional crypto traders.
The maximum leverage ratio offered by Coinbase might not be the biggest out there. However, it surely is great if you are new to leverage trading. Besides, remember, the higher the leverage ratio, the higher the chance of liquidation!
As for margin trading fees, market maker fees start at 0.4%, while takers fees start at 0.6%.
Moreover, apart from the margin trading option, Coinbase also offers a retail-friendly futures trading option. It features trading contracts for crypto assets and other types of assets, such as equities, or even energy.
Talking about crypto assets, Coinbase offers:
- ETH futures contracts, which allow trading on margin “at 1/10 of an Ether”;
- BTC futures contracts, which allow speculating on the future price of BTC “at 100th of the size of a Bitcoin";
- LTC futures contracts, which allow trading "at 5 Litecoin per futures contract";
- BCH futures contracts, which allow trading "at 1 Bitcoin Cash per futures contract".
Futures trading fees start at 0.02% for makers and 0.04% for takers. The maximum allowed leverage for futures contracts on Coinbase is a bit unclear, though.
Either way, it’s safe to say that Coinbase is one of the best crypto leverage trading platforms, especially for leverage trading beginners.
However, just as it doesn’t offer the highest leverage ratio choices, it also doesn’t have the highest variety of cryptocurrencies. Though, that’s why it’s great for beginners. When you’re just starting out, too many options can surely get you baffled.
What it does have, however, is an intuitive user interface and great security measures. In fact, Coinbase would surely pop up when searching for the best crypto leverage trading platform USA with some of the strongest security measures!
Note that margin and futures trading features were previously on Coinbase Pro, a separate platform for advanced traders. However, it was closed, and these features were migrated to the main Coinbase platform under the Coinbase Advanced section.
3. HTX – Trading With Up to 200x Leverage
Ranks #3 out of 7 Crypto Exchanges
- + Very low fees
- + User-friendly interface
- + Most crypto assets are stored offline
- + 24/7 customer support
- - Only crypto assets available to be exchanged
Leverage Trading Products: Margin trading, futures trading, and options trading.
Maximum Leverage: 200x.
Standard Fees: Margin trading - 0.2% for general users, 0.0362% for makers and 0.0462% for takers (for professional users); futures trading - 0.02% for makers, 0.05% for takers.
HTX (previosuly Huobi) surely is one of the most popular crypto exchanges out there. It provides users with various earning possibilities, as well as learning material. Besides that, it offers such trading options as spot, margin, futures, and so on. Thus, it definitely deserves a spot in our best crypto leverage trading platform list.
Now, HTX offers both types of margin trading – isolated and cross margin. The cross margin trading option on HTX allows choosing up to 3x leverage, while the isolated margin trading allows up to 5x leverage.
Margin trading has a tiered fee structure. The structure is divided into two types – for normal traders (start at 0.2%) and professional traders (start at 0.0362% for makers and 0.0462% for takers). Besides, each type has a different fee level based on trade volume, interest rates, and HT holdings (the native token of HTX).
Besides margin trading, as mentioned above, HTX also offers futures and options trading. It provides users with several types of futures contracts. This includes USDT-Marginated futures and Coin-Marginated futures.
Usually, futures trading on HTX allows up to 100x leverage. However, for contracts based on BTC and ETH, HTX has increased the maximum leverage up to 200x. This surely makes HTX one of the best Bitcoin leverage trading platforms.
Just don’t forget – the higher the leverage rate you choose, the higher the risk of liquidation you face.
The fee structure for HTX futures trading follows the maker-taker model and varies based on various factors, including trade volume, interest rate, and so on. However, the maker fees start at 0.02%, while the taker fees start at 0.05%.
In addition, it’s worth noting that HTX is a crypto trading platform you should definitely look into, not only for leverage trading. It offers some of the lowest trading fees and has a user-friendly interface. Besides that, it has a huge variety of supported assets and is known for its great security.

Did you know?
All Crypto Exchanges may look similar to you but they're NOT all the same!
4. Uphold - Trade Crypto, Fiat, Metals, and More
Ranks #4 out of 7 Crypto Exchanges.jpg)
- + Fully reserved and transparent
- + Multiple tradable asset classes
- + Over 300 supported cryptos
- + Early new token support
- + Easy trading experience
- + Multiple additional features (wallet, card, etc.)
- - No live customer support
- - May have a steeper learning curve
Disclaimer: don’t invest unless you’re prepared to lose all the money you invest.
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Uphold is a digital money platform that allows users to buy, sell, and trade a wide range of assets, including cryptocurrencies, fiat currencies, and even some precious metals. Founded in 2013 by Halsey Minor, Uphold aims to make financial services more accessible and transparent.
The platform supports more than 300 different cryptocurrencies, including popular ones like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), as well as many lesser-known altcoins.
One of its key features is the ability to trade directly between different asset classes in a single step. For example, you can easily exchange Bitcoin (BTC) for gold or US dollars for euros without multiple transactions or conversions.
In terms of crypto investment, Uphold also offers staking, allowing you to lock up your assets and receive rewards of up to 17.6% APY. As of now, Uphold supports 19 digital assets on its staking platform.
Uphold is known for its transparency, publishing its assets and liabilities every 30 seconds for anyone to see. This "100%+ reserve" model aims to assure users that their funds are safe and available. The platform also has SOC 2 Type 2 and ISO 27001 certifications, which further enhances its credibility and demonstrates its commitment to secure and reliable operations.
Uphold is registered as a FinCEN Registered Money Services Business (MSB) in the United States and as an EMD Agent of an Electronic Money Issuer regulated by the FCA in the United Kingdom.
Disclaimer: don’t invest unless you’re prepared to lose all the money you invest.
5. Crypto.com - The All-In-One Crypto Exchange
Ranks #5 out of 7 Crypto Exchanges
- + Beginner-friendly
- + Secure
- + Decent trading and withdrawal fees
- + Credit / debit card purchases - available
- - Long KYC verification times
- - Small number of available cryptos
- - Can only exchange cryptocurrencies on mobile
Crypto.com is a prominent player in the cryptocurrency world, offering a comprehensive suite of financial services centered around digital assets. Founded in 2016, the platform has grown rapidly, boasting a user base of over 100 million by mid-2024.
Crypto.com provides a user-friendly app for buying, selling, and trading around 400 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and many altcoins. Beyond its exchange services, Crypto.com offers a non-custodial DeFi wallet, an NFT marketplace, and even a direct payment service for cryptocurrency transactions.
One of Crypto.com's most recognizable features is its Visa card, which allows users to earn cashback in CRO, the platform's native token, on their everyday spending. The card comes in various tiers, each offering different levels of rewards and perks, such as rebates on streaming subscriptions and airport lounge access.
Crypto.com also takes security seriously. It holds all customer assets deposited on our platform in institutional-grade reserve accounts on a 1:1 basis. Users’ accounts are protected by the latest security advancements, including Passkeys, HSMs, and FIDO2, as well as MFA methods like passwords, biometrics, and authenticator codes.
Crypto.com is the first cryptocurrency company in the world to have ISO 22301:2019, ISO/IEC 27701:2019, ISO/IEC 27001:2022, and PCI DSS v4.0 Level 1 Service Provider compliance.
It also runs an active bug bounty program on Hacker One, where people can disclose security vulnerabilities on the platform and get rewards.
6. BYDFi - User-Friendly Trading for All
Ranks #6 out of 7 Crypto Exchanges
- + Huge trading variety
- + Copy trading functionality
- + Regulation-compliant around the globe
- + Fair trading fees
- + Available in the US
- + Beginner-friendly tools
- - No NFT services
- - No staking capability
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BYDFi is a cryptocurrency exchange platform that aims to provide a user-friendly experience for both novice and experienced traders. While relatively newer compared to some established giants, BYDFi has focused on offering a diverse range of trading options. Some of BYDFi’s key features include:
- Spot Trading: Buy and sell cryptocurrencies at current market prices.
- Derivatives Trading: Trade cryptocurrency futures and options contracts.
- Copy Trading: Automatically replicate the trades of experienced traders.
- Mobile App: Trade on iOS and Android devices.
- Educational Resources: Guides and tutorials for learning about crypto trading.
- Trading Bots: Use automated tools to trade cryptocurrencies like a pro.
The platform supports more than 400 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). BYDFi also aims to provide competitive trading fees by offering a flat maker/taker rate of 0.1% on its spot trading platform.
BYDFi is available in the US, Canada, and 150 other countries.
When it comes to security, BYDFi implements essential measures to ensure users' data and funds safety. It uses Amazon Web Services, multi-factor authentication and hardware verification, as well as SHA512 with 512-bit encryption to protect the system. Users can also use two-factor authentication (2FA) using Google Authenticator and SMS to protect their accounts.
7. Cryptomus – A Solution for Individual Traders & Businesses
Ranks #7 out of 7 Crypto Exchanges
- + Low fees
- + High liquidity
- + Strong security measures
- + Crypto payment gateway
- + Easy-to-use interface
- + Crypto purchasing with fiat
- - Limited crypto variety
Cryptomus is a multi-functional crypto platform designed to meet the needs of both individual traders and businesses. Whether you're just starting out in crypto or you’re an active trader looking for efficient transactions, Cryptomus offers a user-friendly experience with plenty of useful features.
It provides spot trading, quick crypto purchasing, and even a handy conversion tool to swap between currencies easily. On top of that, users can earn rewards by staking select cryptocurrencies, with TRX staking offering up to a 20% return.
For businesses and merchants, Cryptomus goes beyond typical exchanges by offering a crypto payment gateway that can be integrated into websites through APIs, SDKs, or plugins. This integration allows companies to accept both crypto and fiat payments seamlessly, thanks to features like auto-conversion into stablecoins to mitigate market volatility.
Plus, the platform supports mass payouts and even a white-label option, meaning you can brand the service as your own.
Cryptomus stands out for its low fees (maker fees starting at 0.08% and taker fees at 0.1%), high liquidity, and robust security measures such as two-factor authentication, PIN protection, and regular security audits. It’s available in over 200 countries and supports a wide range of fiat currencies, making it accessible to a global audience.
Although Cryptomus currently focuses on spot trading with a limited range of cryptocurrencies (as of writing, it supports 18 assets), its clean, intuitive design makes it a great choice for anyone looking to simplify their crypto management and expand their earning opportunities – all with just one account.
Best Crypto Leverage Trading Platform: What is Leverage Trading?
If you’re reading this best crypto leverage trading platform list, you probably already know a bit about leverage trading. However, if for any reason you don’t, or you’re just a beginner in this type of trading, let’s break it down.
The word “leverage” refers to increased trading power. If you want to make larger trades than your own funds allow you to, you can use your funds as collateral to participate in leverage trading. So, in the most basic sense, leverage trading allows you to trade crypto in larger amounts using borrowed funds.
Of course, it gets much more complicated than that.
Leverage comes in a variety of ratios, such as 3x (1:3), 20x (1:20), 100x (1:100), and so on. The ratio used to describe leverage indicates how many times your original capital is multiplied. So, for example, let’s say that you want to open a BTC position that is worth $2,000, but you only have $100 worth of BTC. In this case, you would need a 20x leverage.
But why use leverage trading? Well, for one, it’s surely a way to get higher profits than you would be able with your own funds alone. Additionally, some traders use it to increase the liquidity of their funds. While they leverage a portion of their funds, they can use the remaining portion to participate in other types of profit generation.
Now, increased profits and fund liquidity surely sound great. However, do note that leverage trading carries high risks, too[1]. While it brings high profits, it can also bring high losses. Besides, since the crypto market is unexpectedly volatile, leveraged positions are prone to forced liquidation. The higher the ratio of your leverage is, the bigger risks you face.
So, be careful when participating in leverage trading, or other types of high-risk investments for that matter. As the saying goes, don’t bite off more than you can chew.
Leverage VS Margin Trading
Note that leverage trading is often referred to as margin trading. However, don't get confused. Although these two concepts are inseparable, they cannot be used interchangeably. For what it's worth, you should look at margin trading as a type of leverage trading, rather than a synonym.
In essence, leverage is a broader concept that describes the use of borrowed funds to increase exposure, while margin trading is the specific practice of borrowing money to trade, thereby achieving leverage. Both strategies involve significant risk and require careful management to avoid substantial losses.
Overall, there is a variety of leverage trading types. Margin trading, leveraged tokens, and futures contracts are among the most commonly used ones.
How Does Leverage Trading Work?
Okay, you know what is leverage trading, but how exactly does it work? Well, put very simply, as you already know, you borrow money to increase your trading position.
To put this into perspective, let’s say you want to buy $1,000 worth of Bitcoin, but you only have $100. You can use 10x leverage to buy your desired sum even without having enough funds.
What happens when the price of your owned BTC changes?
If it increases by, let’s say, 10%, your $1,000 worth of BTC would be worth $1,100. If you sell the BTC, you would get $1,100. Then, you would have to repay the $900 you borrowed, but you would still be left with $200. Since you’ve started with $100, this way you would make a $100 profit.
If the price decreases by 10%, on the other hand, your $1,000 worth of BTC would be worth $900. Once you sell it, you would get $900, but you would still have to repay that $900, which would leave you with nothing. Thus, in this case, you would lose your entire $100 investment.
Thus, while leverage can magnify your gains, it also magnifies your losses. It's even possible to lose more than your initial investment if the market moves significantly against you.
Pros and Cons of Leverage Trading
Summarizing everything, here are the main pros and cons of leverage trading:
PROS | CONS |
---|---|
✓ Amplified Gains. With leverage, you can control a larger position size than your initial capital, potentially increasing your profits if the trade goes in your favor. | ✗ Increased Risk of Losses. While leverage can amplify gains, it also amplifies losses. If the market moves against your position, you can lose more than your initial investment. |
✓ Increased Market Exposure. Leverage allows you to take larger positions in the market with a smaller amount of capital, giving you exposure to more trading opportunities. | ✗ Liquidation Risk. If the market moves too far against your position, the exchange may liquidate your position to prevent further losses. This can happen quickly and unexpectedly, resulting in the loss of your entire investment. |
✓ Flexibility. Leverage trading platforms offer various leverage ratios, allowing traders to choose the level of risk they are comfortable with and adjust their trading strategies accordingly. | ✗ High Volatility. Crypto markets are highly volatile, and leverage trading can exacerbate this volatility. Rapid price movements can lead to significant losses or gains in a short period, making it challenging to manage risk effectively. |
✓ Short Selling. Leverage trading allows traders to profit from both rising and falling markets. With leverage, you can sell assets you don't own (short selling) and potentially profit from price declines. | ✗ Fees and Interest. Leverage trading often involves additional fees, such as trading fees, funding fees, and interest charges on borrowed funds. These costs can eat into your profits and increase the overall cost of trading. |
Table: Pros and cons of leverage trading.
That said, let's take a closer look at leverage trading risks.
Key Leverage Trading Risks and How to Avoid Them
It’s pretty clear that crypto leverage trading carries unique risks. So, here are some of the main ones you should be aware of:
Volatility Risk
The crypto market is notoriously volatile[2], with asset prices being capable of experiencing rapid and unpredictable fluctuations. To avoid getting burned by these fluctuations, make sure to set stop-loss and take-profit orders to manage your risk exposure. It would also be better to begin with lower leverage ratios to limit the impact of price swings on your trading position.
Exchange Risk
Trading on crypto exchanges exposes traders to the risk of exchange hacks, technical glitches, and platform downtime. To avoid those, make sure to trade on well-established and reputable exchanges with a track record of security and reliability, such as Binance, Kraken, or Coinbase.
Also, make sure to enable extra security measures like 2FA. On top of that, it would probably be best to spread your trading activity across multiple exchanges to minimize the impact of any single exchange failure.
Margin Call and Liquidation Risks
As you already know, margin trading involves borrowing funds from the exchange to increase your trading position. If the market moves against you, you may face a margin call, requiring you to either deposit additional funds or risk liquidation.
Liquidation risk is one of the most critical risks in crypto leverage trading. It occurs when the value of your leveraged position falls below a certain threshold, prompting the exchange to automatically close your position to prevent further losses
To avoid that, always make sure you have sufficient margin in your account to cover potential losses and avoid margin calls. Also, avoid excessive leverage ratios and only trade with leverage that you can comfortably manage.
All in all, by being aware of these risks and implementing appropriate risk management strategies, you can navigate the challenges of crypto leverage trading and reduce the likelihood of substantial losses.
How to Participate in Crypto Leverage Trading?
Lastly, here’s a short step-by-step guide on how to participate in crypto leverage trading:
Step 1: Select a cryptocurrency exchange that offers leverage trading (like Binance, Kraken, or any other exchange you can find in this best crypto leverage trading platform list).
Step 2: Deposit your own money into your trading account.
Step 3: Choose the amount of leverage you want to use.
Step 4: Buy or sell the cryptocurrency with the leveraged amount.
Step 5: Keep an eye on the market and your position to manage risks and make adjustments as needed.
Of course, there might be some specific intricacies depending on the platform you'll use and the type of leverage trading you participate in, but these are the most basic steps you would have to take.
If you want to learn more about leverage trading, check out this article.
Conclusions
It’s a sure thing that choosing the best crypto leverage trading platform is hard. Just like when choosing anything else in life, you always have to decide what are your personal needs and expectations. For some, Binance or Bybit might be a perfect choice, while others would lean more toward Coinbase or Kraken.
However, it doesn’t matter if you’re searching for the best Bitcoin leverage trading platform, or the best crypto leverage trading platform in the USA, you must consider the size of the leverage ratio allowed, as well as the fees you'll need to pay. Well, THAT, and the type of leverage trading you seek for.
Though, always keep in mind that leverage trading is a high-risk trading technique. Thus, make sure that the platform you choose has all the needed security measures, and maybe even some useful tools for avoiding risks as well. These will surely help you sleep more peacefully at night.
After all, I hope this rundown of some of the best crypto leverage trading platforms was helpful to you. Good luck trading!
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.
Scientific References
1. A. Subrahmanyam, K. Tang, J. Wang, et al.: 'Leverage Is a Double-Edged Sword';
2. J. Liu, A. Serletis: 'Volatility in the Cryptocurrency Market'.