Best Crypto Derivatives Platforms For Hedging Strategies

Because there are so many options, it can be difficult to choose a reliable exchange for crypto derivatives. For your convenience, we’ve compiled a list of the best crypto derivatives platforms for hedging tactics so you can make an informed choice.

What is crypto derivatives trading? Why are they important?

Simply explained, a derivative is any good or contract that’s worth comes from an underlying asset. In conventional financial markets, derivatives are derived from assets like stocks, bonds, interest rates, commodities, and fiat money.

Crypto derivatives are essential to the crypto economy because they provide functions that go well beyond just one trader’s financial portfolio. Derivatives are fundamental to the development of crypto as a recognized asset class since they are a part of any existing financial system.

Which are the best crypto derivatives platforms? A short list

When deciding whether to invest in cryptocurrency derivatives, you might take into account signing up for a few of the best trading platforms for crypto options. Below is a list of some of the top cryptocurrency derivatives exchanges for hedging tactics. But always in mind that before you make a financial decision, you should always conduct your own research.


The diversity of trading options and services that Phemex offers make it one of the greatest crypto derivatives exchanges out there. It presently provides 140+ perpetual contract markets for derivatives trading. One of the finest sites to buy and sell cryptocurrency is Phemex since it provides up to 100x leverage on contract trading and is the first CEX to integrate the RAFT algorithm in cross engine and trading engine with 24×7 uptime. In addition to contract trading, the platform also offers other services like spot trading and margin trading.

Phemex is the benchmark for security and transparency as well as trustworthiness among cryptocurrency exchanges, in addition to its choice of derivatives and trading engine. Phemex keeps the majority of user funds in cold storage, while hot wallet monies are only transferred after going through rigorous manual risk controls. Speed and 100% uptime were given top priority when building Phemex’s trading engines in order to boost reliability. Even while the system is being upgraded or maintained, users can still trade. By making its liabilities record available to consumers, Phemex is also the first CEX to give transparent proof of its ability to pay its debts. If you have any questions, you can always contact their customer service team, who is available around-the-clock.


Most countries offer access to Binance, the largest cryptocurrency trading platform. The platform offers spot and futures trading for a handful of Tier 1 cryptocurrencies in addition to trading for more than 150 different cryptocurrencies.


Customers of OKX can exchange a huge variety of assets. For derivative transactions, a variety of cryptocurrencies are supported, including Bitcoin, Ether, and Litecoin. Every transaction is completed using tokens. Users are limited to using cryptos for withdrawals.

Conclusion: How to trade derivatives wisely?

When trading cryptocurrency futures, there is no one secret tactic that ensures success. To the best of your ability, secure your investment, you can follow certain protocols. Don’t take on more risk than you can bear to lose.

The risk of dealing in derivatives can be reduced by selecting an appropriate platform. When selecting your trading platform, you should consider a number of factors. Choose a reliable trading platform with strong trade volumes, verified users, high trade volumes, and top-notch safety and openness features.