Trading crypto on margin allows investors to buy and sell digital assets with more money than they have in their exchange accounts.
In fact, some platforms in this space offer a margin of 1:100, which turns a $100 stake into $10,000 in trading capital.
In this guide, we compare the best crypto margin trading exchanges for fees, leverage limits, safety, supported coins, and more.
Top Crypto Margin Trading Exchanges
Check out the 10 best crypto margin trading exchanges listed below:
- PrimeXBT – Best crypto leverage trading platform, offering trading contests
- Margex – Margin trading cryptocurrency platform that specializes in derivatives trading
- MEXC – Suitable for beginners, offers two types of margin modes
- BloFin – Best margin trading platform crypto with a strong emphasis on security
- OKX – Best global crypto margin exchange for beginners and professionals with a large daily trading volume
- Kraken — Best margin trading platform with a leverage of up to 50x
- Bybit — Trade crypto futures and options on margin
- Binance — Margin trading accounts of up to 1:100
- BingX — Best for US traders, leverage up to 100x
- Kucoin — Trade leveraged crypto tokens
Read on to learn more about the above crypto margin trading platforms.
Best Crypto Margin Trading Exchanges Reviewed
The best crypto margin trading exchanges that we came across offer leverage in a regulated environment.
Typically, unregulated exchanges are able to offer much higher limits, but safety and security are questionable. It is also wise to explore what coins the margin exchange supports and what fees it charges.
Below, we review a selection of the best crypto margin trading exchanges on the market right now:
1. PrimeXBT — Best Crypto Leverage Trading Platform, Offering Trading Contests
Max Margin: leverage up to 200x
Trading Commission: 0.05% on crypto
Margin Trading Fee: 0.1% maker and a 0.2% taker fee on futures
PrimeXBT was established in 2018 and offers its services to over 1 million registered trades in 150 countries. The exchange offers users opportunities to access copy trading tools, trade Bitcoin futures, and take part in trading contests.
PrimeXBT provides one of the cleanest trading interfaces, enabling users to focus on trades with no clutter or pop-ups.
When signing up, new investors can earn a $100 bonus for depositing a minimum of $500 in the first two days of registration. They receive the bonus after the funds are moved to a global trading account available on PrimeXBT. With PrimeXBT, investors can trade margin automatically by simply clicking the ‘Buy’ or ‘Sell’ button. Then, PrimeXBT reserves your margin deposit.
The platform provides access to advanced trading charts and many real-time market updates to support your trading experience. It is available on Android, iOS, and desktop.
What We Like
2. Margex — Traders Can Open Multiple Positions on the Same Token, Maker and Taker Fees Fixed at 0.019% and 0.060%
Max Margin: up to x100 leverage
Trading Commission: depending on the order type
Margin Trading Fee: 0.019% maker fee (limit orders), 0.060% taker fee (market orders)
Margex is a no-KYC exchange specializing in derivatives trading, with more than 500,000 registered users in 153 countries. Users can trade crypto derivatives for 100x leverage, increasing their positions and enhancing their potential. To test the platform, users can use its live demo feature.
This exchange is suitable for both beginners and experienced traders. It offers a wide range of educational resources to help beginners develop trading strategies and understand market dynamics. Moreover, Margex offers high liquidity, enabling fast transactions across many trading pairs. Copy trading is also available, with users being able to copy the success of over 100 professional traders.
This is also one of the best BTC exchanges, providing a $100 trading bonus to users who buy Bitcoin. The platform offers many funding methods, including traditional banking options and Bitcoin deposits.
What We Like
3. MEXC — Suitable for Beginners, Offers Two Types of Margin Modes
Max Margin: up to 10x spot margin, up to 200x futures
Trading Commission: 0% spot maker fee, 0.1% spot taker fee, 0% futures maker fee, 0.01% futures taker fee
Margin Trading Fee: 0% maker fees (limit order) and 0.02% taker fees (market order)
MEXC is the best crypto margin trading platform for beginners. This user-friendly platform supports over 2,000 tokens and more than 2,350 trading pairs. In addition to that, traders will be able to use its demo trading and copy trading features to practice their skills, as well as support crypto projects on Launchpad and Kickstarter.
MEXC offers two types of margin modes – isolated and cross margin. The former is limited to a particular crypto asset. Traders can open more than one isolated margin account to use different trading pairs. The latter uses all balances as a margin. I.e., traders can set multiple positions to share their balance as margin.
Leverage can reach 10x on spot and 200x on futures, while trading fees range from 0% (maker) to 0.1% (taker) on spot and 0% (maker) to 0.01% (taker) on futures.
MEXC has a native token, $MX, which will allow its holders to get a 50% discount on trading fees and vote on Kickstarter and Launchpad.
What We Like
4. BloFin – Best Margin Trading Platform Crypto With a Strong Emphasis on Security
Max Margin: Up to 150x leverage
Trading Commission: Depending on the order type
Margin Trading Fee: 0.1000%–0.0100% maker, and 0.1000%–0.0325% taker fee for spot trading; 0.0200% to 0.0000% maker, and 0.1000%–0.0325% taker fee for futures trading
BloFin is a crypto exchange founded in 2019 in the Cayman Islands. It has quickly become a prominent player in the crypto trading space. The exchange’s strong emphasis on security and regulatory compliance is the primary reason for its reliability. To safeguard funds, it employs advanced security measures, including wallet-as-a-service custody, Merkle Tree proof of reserves, and Fireblocks insurance. Moreover, BloFin upholds a 1:1 proof of reserves policy, ensuring full asset backing and transparency for all customer holdings.
BloFin offers a wide range of trading services, including copy trading and more than 320 USDT-M trading pairs. It has a user-friendly interface and high liquidity. Its spot trading feature allows access to numerous cryptocurrencies.
This platform allows users to make easy withdrawals and deposits in over 80 fiat currencies. BloFin offers 24/7 customer support, ready to answer every question and solve any issues you encounter.
What We Like
5. OKX — Best Global Crypto Margin Exchange for Beginners and Professionals With a Large Daily Trading Volume
Max Margin: up to 10x for spots, up to 100x for futures
Trading Commission: 0.08% limit order spot trades, 0.1% market order spot trades, 0.02% futures limit order futures, 0.05% futures market order
Margin Trading Fee: 0.045% marker and 0.050% taker fee
OKX is one of the best global crypto margin trading exchanges. It’s available in more than 100 countries, it has over 18 million active users, and its daily trading volume exceeds $4.76 billion. This platform also supports 320+ cryptocurrencies, 500+ trading pairs, and 44 networks.
At the time of writing, OKX provides margin trading with more than 30 coins, such as BTC, LTC, and ETH. The maximum leverage on OKX goes up to 10x for spots and up to 100x for futures. The trading fees range from 0.045% (marker) to 0.050% (taker), depending on the crypto asset and tier.
This platform is tailored for both beginners and advanced traders. On the one hand, it offers a demo account with virtual blue-chip crypto that will help beginners conduct trades without risking their money. On the other hand, its advanced tools, like trading bots and copy trading, will help professional traders improve their skills. Its users will also be able to earn passive income through its staking programs and airdrop campaigns.
What We Like
6. Kraken – Best Margin Trading Platform With a Leverage of up to 50x
Max Margin: Up to 3x for spot, up to 50x for futures
Trading Commission: 0%–0.40%
Margin Trading Fee: 0.0200% maker and 0.0500% taker fee
Kraken is one of the best margin trading platforms, allowing market participants to trade over 200 cryptocurrencies bought or sold with fiat currencies. Currently, Kraken is ranked sixth on CoinMarketCap. The platform has over 10M clients, is supported by more than 190 countries globally, and has a quarterly trading volume of over $207B.
Kraken offers many products and services, like margin trading, spot trading, over-the-counter trading, futures trading, perpetuals, staking, and an NFT marketplace.
The exchange is appealing primarily because of its simplicity, allowing users to trade and buy crypto from their desktops or mobile apps. Moreover, its Learn Center educates users on everything related to cryptocurrency. Its customer service can be reached through the support center, phone, chat, and email.
Kraken offers crypto rewards with varying APRs across different assets. The rewards can be earned on more than 18 assets and are paid every week in the same asset.
The exchange offers deep liquidity across markets, so you can trade large volumes at stable prices. Moreover, Kraken provides the opportunity to trade more than 100 multi-collateral futures contracts.
What We Like
Max Margin: 1:100 Bybit is a popular crypto derivatives platform that supports a wide range of markets. Not only does this include conventional spot markets but perpetual and inverse futures. Traders at Bybit can also access crypto options. When it comes to limits, traders can access leverage of up to 1:100 on Bitcoin-denominated markets. Most other supported cryptocurrencies have a lower limit of 1:50. Trading fees are very competitive at Bybit, with users never paying more than 0.1% per slide on spot markets and 0.03% on options. Inverse and perpetual futures can be traded at a commission of 0.01%. Lower fees are offered to those that trade higher volumes. Funding rates at Bybit – which are charged for as long as a leveraged trade remains in place, amount to just 0.01%. Bybit is particularly suited to experienced traders who seek high-level tools. The platform is home to a wide range of charting features and technical indicators alongside custom order types. What We Like Max Margin: 1:100 Binance is the largest cryptocurrency exchange globally for trading volume and is ranked among the best cryptocurrency exchanges. In most cases, Binance will facilitate tens of billions of dollars in trading volume each and every day. In total, Binance offers traders more than 600 supported coins, which translates into over 1,000 trading pairs. To trade on margin at Binance, users must manually switch this feature on. In doing so, leverage of up to 1:100 is offered on certain markets, such as BTC/USD. This will turn a $100 stake into a position worth $10,000. Margin fees at Binance vary depending on the pair being traded, alongside the user’s VIP level. To offer some insight, trading BTC/USD on margin on a standard account tier will attract a margin fee of 0.01%. Standard trading commissions at Binance amount to just 0.10%. What We Like
7. Bybit — Trade Crypto Futures and Options on Margin
Trading Commission: Up to 0.1% commission on spot trading markets
Margin Trading Fee: 0.01%
8. Binance — Margin Trading Accounts of Up to 1:100
Trading Commission: Up to 0.1%
Margin Trading Fee: 0.01% on Bitcoin-denominated pairs
9. BingX — Best for Us Traders, Leverage up to 100X
Max Margin: leverage up to 150x
Trading Commission: depending on the order type
Margin Trading Fee: 0.1% spot maker and taker fee, 0.0200% futures maker fee, 0.0500% futures taker fee
BingX is a crypto margin trading platform that supports 700+ crypto assets. TradingView also named it the best Crypto/Broker Exchange in 2021, 2022, and 2023. Moreover, BingX is one of the few crypto exchanges available in the US.
This exchange offers multiple leverage options whose limits vary from 100x to 150x, depending on the pair. For example, popular pairs like BTC and ETH come with up to 150x and 100x leverage, while this figure is much lower with less popular altcoin pairs. When it comes to fees, the maker and taker fees for the spot market are 0.1%, while for the futures market, the maker fee is 0.0200%, and the taker fee is 0.0500%.
Traders will also be able to use BingX’s grid trading robot, to boost their margins and profits, and its native app, to conduct trades on the go. New users will be able to benefit from its sign-up bonus of up to 5,000+ USDT, and they’ll get up to 800 USDT for their first trade.
What We Like
10. KuCoin — Trade Leveraged Crypto Tokens
Max Margin: 1:100
Trading Commission: Up to 0.1% in trading commission
Margin Trading Fee: No fee on leveraged tokens
KuCoin is one of the best altcoin exchanges for asset diversity, with the platform listing more than 700 digital assets. The exchange claims to be home to over 18 million active investors from over 200 countries. While most KuCoin users will engage with the KuCoin spot trading markets, derivatives are offered, too.
In fact, KuCoin allows users to access leverage tokens across a wide range of coins. Most supported tokens allow users to go long or short with leverage of 3x. Leveraged tokens at KuCoin do not require funds to be borrowed, which makes the process cost-effective. Furthermore, standard trading fees amount to just 0.1% per slide.
A 20% discount on trading fees is available when holding the KCS token, which is native to the KuCoin exchange. Those in the market for the best crypto trading margin exchange for futures might also consider KuCoin. The reason for this is that the KuCoin futures department offers leverage of up to 1:100.
What We Like
Best Margin Trading Crypto Exchanges Compared
The best margin trading crypto exchanges discussed above are summarized in the comparison table below.
| Exchange |
Max Margin |
Commission | Margin Fee |
| PrimeXBT | up to 200x | 0.05% | 0.1% maker and a 0.2% taker fee on futures |
| Margex | up to x100 leverage on cross and isolated margin | depending on the order type | 0.019% maker fee (limit orders), 0.060% taker fee (market orders) |
| OKX | up to 10x for spots, up to for 100x futures | 0.08% limit order spot trades, 0.1% market order spot trades,
0.02% futures limit order futures, 0.05% futures market order |
0.045% marker and 0.050% taker fee |
| MEXC | up to 10x spot margin, up to 200x futures | 0% spot maker fee, 0.1% spot taker fee, 0% futures maker fee, 0.01% futures taker fee | 0% maker fees (limit order) and 0.02% taker fees (market order) |
| Kraken | up to 3x for spot, up to 50x for futures | 0.08% limit order spot trades, 0.1% market order spot trades, 0.02% futures limit order futures, 0.05% futures market order | 0.0200% maker and 0.0500% taker fee |
| Binance | 1:100 | Up to 0.1% | 0.01% on Bitcoin-denominated pairs |
| Bybit | 1:100 | Up to 0.1% commission on spot trading markets | 0.01% |
| BingX | Up to 100x | depending on the order type | 0.1% spot maker and taker fee, 0.0200% futures maker fee, 0.0500% futures taker fee |
| Kucoin | 1:100 | Up to 0.1% | No fee on leveraged tokens; futures funding depends on market conditions |
What Is Crypto Margin Trading?
In a nutshell, crypto margin trading allows investors to speculate on a digital asset like Bitcoin or Ethereum with more money than they have available in their exchange account. This is possible because the trader will borrow the excess funds from the respective exchange.
In turn, the exchange will charge a funding rate to the trader who executes a position on margin. Most of the providers from our list of the best crypto margin trading exchanges display limits as a multiple or ratio.
This means that for every $100 staked, $200 worth of trading capital can be accessed. When using a non-regulated exchange like Bitmex or ByBit, much higher limits are available. For example, both of the aforementioned platforms offer a maximum margin limit of 1:100. This allows the trader to enter a $10,000 position with just $100.
That said, unregulated exchanges should be used with caution. After all, users can never be sure that the exchange in question is legitimate. Although lower limits are offered, we found that the best crypto margin trading exchanges are heavily regulated.
How Much Margin Can You Trade Crypto With?
As we briefly alluded to in the section above, leverage limits will often be determined by whether or not the exchange is regulated. This is because retail clients are limited in how much leverage they can legally obtain when trading crypto.
For example, those in the EU and Australia are capped at leverage of 1:2. However, these limits are not adhered to when using an unregulated exchange. Once again, such exchanges offer leverage of 1:100 and more.
Professional clients, on the other hand, can legally access much higher limits than retail traders. The specific amount will vary depending on the exchange.
Why Use Margin in Crypto Trading?
Investors seek margin when trading crypto because they have the opportunity to amplify the size of their position.
In other words, margin allows the trader to access more capital than they have available in their exchange account.
- On the one hand, this means that successful trading positions will result in higher profits.
- For instance, suppose the trader stakes $1,000 at a leverage of 1:10 and closes the position at gains of 10%.
- Ordinarily, this would result in a profit of $100 (10% of the $1,000 stake).
- But, with leverage of 1:10 applied, this increases the profit by a factor of 10x to $1,000.
However, it is important to remember that margin will also amplify losing trades.
In fact, if the value of the trade goes down by the amount of margin applied, the exchange will close the position. When this happens, the trader will lose the entire value of their stake.
Conclusion
The best crypto margin trading platforms allow users to gain exposure to digital currencies with more capital than they have available. This can amplify profitable trades but do note that margin will also increase losing positions.