Bybit
Bybit has established itself as a leading platform for crypto derivatives trading, offering users the ability to trade futures with leverage up to 100x. While it originally focused on derivatives, Bybit has expanded into spot trading, staking, and yield farming. The platform is favored by advanced traders looking for high leverage and low fees.
Key Features:
- Supports derivatives trading with high leverage (up to 100x).
- Offers both spot and margin trading.
- Strong liquidity for large orders.
Pros:
- Excellent platform for futures and leverage traders.
- Low trading fees.
Cons:
- Not beginner-friendly due to the complexity of leverage trading.
- Limited support for altcoins compared to other exchanges.