Where can I trade crypto futures in the US?
Coinbase buys crypto futures exchanges, plans to sell derivatives in U.S.
- Best crypto exchanges of May 2022.
- Best for Bitcoin-oriented traders: Coinbase.
- Best for low fees: Abra.
- Best for futures and margin traders: Kraken.
- Best cryptocurrency selection: CEX.IO.
- Best for Bitcoin and Ethereum traders: Gemini.
- Best for account security: Bittrex.
- Other platforms we considered.
There are many Bitcoin futures markets today, and at Binance, we offer Bitcoin futures trading through two flagship products: Bitcoin Futures Perpetual and Bitcoin Futures Quarterly. These contracts differ in 2 main factors; Expiration and Funding Fees.
One common application for futures relates to the U.S. stock market. Someone wanting to hedge exposure to stocks may short-sell a futures contract on the Standard & Poor's 500.
Tap on the button labeled “Market” near the price chart. In this view, you will see a complete list of places you can purchase Future as well as the currencies you can use to obtain it. Under “Pairs” you'll see the shorthand for Future, FTR, plus a second currency.
Binance.US does not offer margin or futures trading, and Kraken does offer these options for certain users.
While U.S. users can sign up for a KuCoin account, access to features is limited because KuCoin isn't licensed to operate in the United States.
Can You Use Bybit in the United States? Under normal circ*mstances, citizens of the US can't use Bybit. The decision to lock American traders out of Bybit was made by the platform itself.
In 2019, Binance was banned in the United States on regulatory grounds and is no longer accessible for U.S. citizens. In response, Binance partnered with a U.S. branch called Binance.US, which the company says is a separate exchange. Binance.US is legal, but it is not available in all U.S. states.
How do I apply for futures approval? Visit tdameritrade.com and log in to your account. Go to Client Services > My Profile > General. Under Elections & Routing, look for Futures, and click Apply.
Can you trade futures on TD Ameritrade?
With a TD Ameritrade account, you'll have access to thinkorswim, a powerful trading platform for futures trading, as well as other investments. This feature-packed trading platform lets you monitor the futures markets, plan your strategy, and implement it in one convenient, easy-to-use, and integrated place.
Trading futures requires a funded online broker account with margin and futures trading approval. Once set up, research and determine which contract you want to trade, fill out the order ticket, then place your trade. More details: Remember, each futures contract has different margin requirements.
