10 Best PrimeXBT Alternatives for Smarter Crypto Trading

For cryptocurrency traders searching for trustworthy futures and derivatives platforms, I will go over the top PrimeXBT alternatives in this post.

These alternatives, which range from well-known exchanges like Binance Futures and Kraken Futures to cutting-edge solutions like Bitget and Phemex, are perfect for both novice and experienced traders since they provide cheap fees, great liquidity, sophisticated trading tools, and user-friendly interfaces.

Why Use PrimeXBT Alternatives

Lower Trading Fees — On PrimeXBT, if you are a liquidity taker, you will pay a 0.1% fee per trade. On Phemex, you will pay a 0.06% fee, and on Bynes, you will pay a 0.02% fee. On these exchanges, you can also earn fee rebates that further reduce the costs of trading.

Wider Range of Assets — Unlike PrimeXBT, Almost every trading platform today has a greater selection of altcoins than PrimeXBT. Bet on a brokerage service provider that has altcoins by the dozens.

Better Liquidity — A lot of exchanges are offering far greater liquidity than PrimeXBT, therefore offering better service on larger trades. For advanced traders, slippage will be improved on these exchanges bettering the service. Bybit and Binanc are 2 great examples.

Advanced Trading Tools — If you are looking for exchange that has advanced tools than PrimeXBT, be looking for exchanges that offer charting, advanced risk management, and other advanced tools. Another advance tool option that is being seen is external management through tools such as copy trading. You will find these type of advanced tools on exchanges such as Bitget and Gate.

Regulatory Compliance & Security — For future trading’s sake, the more layered security is, and the more compliant the exchange is, the better. It simply means more insurance. This is true with Kraken and Huobi.

Flexible Leverage Options — This is a great example of the means by which you can be either risk averse or more pensive. If you are the latter, a more relaxed trading method can be adopted. On the other hand, aggressive traders can set the leverages as high as 100x or more.

User-Friendly Platforms — With Phemex and Bybit offering nice popular platforms for beginner traders, advanced traders can also take advantage of the convenience of the platform.

Key Point & Best PrimeXBT Alternatives

Platform	Key Points
Binance Futures	High liquidity, wide range of crypto pairs, advanced charting tools, low fees, strong security.
Bybit	User-friendly interface, high leverage options, fast order execution, 24/7 support, robust risk management.
Kraken Futures	Regulated exchange, fiat funding support, strong security, reliable trading engine, advanced order types.
KuCoin Futures	Competitive fees, wide crypto selection, flexible leverage, mobile-friendly, strong community support.
MEXC Futures	Variety of crypto contracts, high leverage, intuitive platform, promotional incentives, decent liquidity.
Gate.io Futures	Multiple derivatives options, competitive fees, cross & isolated margin, risk management tools, global access.
Huobi Futures	Established exchange, wide crypto options, strong security, advanced risk controls, mobile & desktop trading.
Phemex	Zero-fee spot trading, fast execution, high leverage, reliable platform, mobile-friendly interface.
OKX	Multiple contract types, high liquidity, leveraged trading, staking & DeFi integration, advanced analytics.
Bitget	Copy trading feature, strong security, user-friendly UI, competitive fees, multiple crypto derivatives.

1. Binance Futures

Binance started in 2017 and became the largest crypto firm within a short span. They have the biggest liquidity provider with multiple future contracts. As a best PrimeXBT alternative, Binance has affordable future trading fees so a maker fee will generally cost around 0.02% and taker fee will be around 0.055% , thus decreasing the cost per trade in comparison to other firms.

The site has hundreds of crypto pair options, multiple order types, and analytical trading tools. They have crypto based tiered volume based discounts, and trading fee discounts. This is ideal for newbies and experienced futures trader.

 Binance Futures Features, Pros & Cons

Features

• Most crypto pair with deep liquidity.
• Multiple order types and advanced charting.
• Options with high leverage.
• Integrated with the Binance ecosystem.
• Large user base with the option for support.

Pros

• Best-in-class liquidity decreases slippage.
• Low funds with BNB discounts.
• High reputation with also strong security.
• Leverage is high, maxing at 125x.
• Apps for desktop and mobile are robust.

Cons

• Beginners can be overwhelmed with the UI.
• Funding rates can be high, but it is not frequent.
• Fees are complex.
• Support can be slow.
• There is regulation in some areas that can be restrictive.

2. Bybit

Bybit started in 2018 and has a great focus on derivatives with high execution and deep liquidity. They also have competitive futures, typically around 0.02% maker and 0.055% taker, which also makes them a great alternative for futures trading.

Bybit makes it easy for traders of all skill sets to engage on their platform by providing additional innovative cross margin, isolated margin, and perpetual swaps tools to assist with advanced risk management. Aside from the tools offered, their global presence continues to attract traders with their new features like copy trading and conditional orders. 

Bybit Features, Pros & Cons

Features

• Specializing in derivatives.
• UI that is user-friendly.
• Contracts that are perpetual and also futures.
• Margin that is cross and isolated.
• Tools for risk that are advanced.

Pros

• New traders can start with ease.
• Latency is low with fast execution.
• There are solid incentives with also competitive funds.
• There is strong liquidity in the perpetual market.
• Tools that are educational along with a robust community.

Cons

• Options for crypto-to-fiat are limited.
• Altcoin pairs are less than Binance.
• There are regions that leverage limits differ.
• There is maintenance time down that is periodic.
• Some areas that are regulated have no availability.

3. Kraken Futures

One of the first authorized cryptocurrency exchanges, Kraken was established in 2011 and provides a reliable futures platform that combines security with affordable fees.

Kraken is the finest PrimeXBT substitute for traders that value stability and regulatory compliance because its futures costs are usually about 0.02% maker and 0.05% taker.

Kraken offers strong liquidity on significant contracts and effortlessly connects with a wider range of spot and fiat services, while having a smaller overall derivatives ecosystem than other rivals. Conservative futures traders are drawn to it because of its lengthy history and risk-averse methodology.

Kraken Futures Features, Pros & Cons

Features

• Regularly updated exchange basis
• Institutional security focus
• Fiat gateway
• Availability of all major contracts
• Possibility of advanced orders

Pros

• Above-average regulatory compliance
• High security & custody
• Kraken spot & Fiat integrated
• Transparent fees
• High platform reliability

Cons

• Less liquidity than biggest competitors
• Less variety of contracts to trade
• Some pairs have higher fees
• Less community, education & tutorials
• Slower in adding new features

4. KuCoin Futures

Since its 2017 introduction, KuCoin has developed into a significant exchange with large futures markets and competitive fees, usually around 0.02% maker and 0.06% taker.

KuCoin’s futures platform, the best substitute for PrimeXBT, offers advanced order options, cross/isolated margin trading, and bot integration in addition to supporting a wide range of cryptocurrency contracts.

For traders who need both leveraged and non-leveraged exposure in one location, KuCoin’s ecosystem also offers spot trading, lending, and staking. Token-based charge reductions and a thriving international community are advantages for devoted users.

KuCoin Futures Features, Pros & Cons

Features

• Many different contracts available
• Cross and isolated margin
• Trading bots available
• Competitive trading fees
• Access to KuCoin ecosystem

Pros

• Great variety of altcoins
• Flexible leverage options
• Discounts on trading fees with KCS token
• Great trading app
• Spot and futures in one account

Cons

• Less liquidity than big exchanges
• Layout is a bit messy
• Uncertain regulations in some countries
• Highly-variable funding rates
• Support is bad

5. MEXC Futures

MEXC, which was established in 2018, is notable for its wide range of asset availability and frequently inexpensive cost structure, especially for futures trading. For high-frequency and cryptocurrency futures traders, MEXC is the most affordable PrimeXBT substitute because base futures fees typically range from 0.0% maker to 0.01% taker.

In addition to offering features like leveraged perpetual contracts, copy trading, and trading bots, the platform supports thousands of trading pairs. The combination of low fees and extensive market access draws traders interested in smaller-cap cryptocurrency futures, despite the fact that its interface may seem congested to novices.

MEXC Futures Features, Pros & Cons

Features

• Low fees for makers
• Large number of trading pairs
• High leverage available
• Copy trading available
• Trading bots available

Pros

• Great value for users who trade a lot
• List of altcoin futures
• Easy copy trade setup
• Quick trades
• Promos & rewards programs

Cons

• Less liquidity
• Less intuitiveness
• Less analytical tools
• Less fiat currency
• Funding Rates are high

6. Gate.io Futures

Founded in 2013, Gate.io offers a sophisticated futures trading environment with cheap fees, usually under 0.05% taker and 0.015% maker. For traders looking for variety and value, Gate.io is positioned as the ideal PrimeXBT option because to these rates and its extensive assortment of perpetual contracts.

In order to improve the trading experience, Gate.io also provides token incentives, copy features, and algorithmic trading tools. Both active and speculative futures traders find it appealing due to its long history in the market, which has produced a strong user base and substantial liquidity on numerous contracts.

Gate.io Futures Features, Pros & Cons

Features

• Derivative variety
• Copy trades & algo bots
• Isolated & Cross margin
• Fee tokens
• Competitive pricing

Pros

• Large variety of cryptocurrencies
• Robust tools for derivatives
• Good incentive programs
• Risk management
• Good API for algo traders

Cons

• Contract liquidity varies
• Busy UI
• Less friendly for beginners
• Activity level discounts
• Not available in regulated regions

7. Huobi Futures

Huobi’s derivatives markets, which were first established in 2013 and are currently known as HTX, are renowned for their breadth and dependability. For mainstream futures traders, this is a strong alternative to PrimeXBT because futures fees are typically under 0.02% maker and 0.05–0.06% taker.

Advanced order types, structured risk controls, and a wide range of perpetual and conventional futures contracts are all supported by Huobi/HTX. For traders looking for a reputable platform with strong liquidity and feature depth, its lengthy history and wide global reach contribute to a sense of trust.

Huobi Futures (HTX) Features, Pros & Cons

Features

• Established exchange
• Many futures options
• Risk tools & advanced charting
• Web & Mobile
• Liquidity of major pairs

Pros

• Suite of products
• Major liquidity pairs
• Security is tightly guarded
• Varied leverage options
• Available professional tools

Cons

• Country restrictions
• Features take time to launch
• Support is of lower quality
• Funding can be high
• UI is not beginner friendly

8. Phemex

Since its 2019 inception, Phemex has established itself as a user-focused exchange with competitive futures market cost structures, usually about 0.01% maker and 0.06% taker. One of the reasons Phemex is the greatest PrimeXBT substitute for traders looking to cut trading expenses is its affordable pricing structure.

Phemex provides a simplified interface with automated tools like copy trading and bots, and it enables up to 100x leverage on certain contracts. Both novice and seasoned derivatives traders are drawn to its expanding user base and quick matching engine.

Phemex Features, Pros & Cons

Features

• Ultra speed execution
• Futures fees are competitively priced
• Automated Trading Solutions
• Copy Trading
• Integrated Spot Trading Markets

Pros

• Low trading fees on futures
• Excellent execution reliability
• Frequent traders will find it beneficial
• Clean but robust User Interface
• Available on Mobile and Desktop

Cons

• Less developed ecosystem compared to other brokers such as Binance/OKX
• Limited futures list on alts
• Less educational content
• Less support for Fiat
• Funding rates are inconsistent.

9. OKX

OKX (previously OKEx), a seasoned exchange with extensive futures liquidity and an advanced trading ecosystem, was founded in 2013. For expert traders looking for affordable prices with top-notch features, OKX is a strong option to PrimeXBT because standard futures fees are usually under 0.02% maker and 0.05% taker.

Numerous perpetual and futures products, sophisticated risk tools, and wallet and DeFi service connections are all supported by OKX. Larger volume traders are also given confidence by its established infrastructure and international regulatory contacts.

OKX Features, Pros & Cons

Features

• Excellent derivatives solutions.
• Options and Futures.
• Access to Staking and DeFi
• Advanced Risk Management Tools
• High Liquidity

Pros

• Impressive Tools for Institutions
• Liquidity on Major coins
• Comprehensive Offereings of Products.
• Low Trading Costs
• Variety of Solutions

Cons

• New users can find the User Interface complicated.
• Poor support for Ultra Low Market Cap Coins.
• Inconsistent Funding Rates
• Heavy KYC for Account Set up
• Increased fees for users with low trading volume

10. Bitget

Founded in 2018, Bitget is well-known for its emphasis on derivatives and social trading tools like copy trading. Bitget is one of the most economical PrimeXBT options for both inexperienced and seasoned leveraged traders, with futures fees often hovering at 0.02% maker and 0.06% taker.

Bitget’s ecosystem prioritizes community and strategy sharing in addition to significant liquidity on popular contracts, allowing traders to track top performers. Its user interface, which appeals to a wide range of cryptocurrency futures speculators, strikes a balance between power and simplicity.

Bitget Features, Pros & Cons

Features

• Competitive fee structures
• Strong social trading features
• Copy trading
• Perpetuals and futures
• Cross and isolated margin trading

Pros

• Strong global user base
• Very competitive fees
• Great overall for mobile users
• Great for social trading
• Good liquidity on major coins

Cons

• Altcoin futures have tighter ranges.
• Funding rates differ.
• Basic charting.
• Support quality varies.
• Availability is regulated and limited.

Conclusion

In conclusion, traders looking for PrimeXBT substitutes have a variety of choices catered to various requirements and trading preferences.

While MEXC, Phemex, and Bitget provide minimal costs, user-friendly interfaces, and cutting-edge features like copy trading, Binance Futures, Bybit, and OKX offer deep liquidity and professional-grade tools for experienced traders. Exchanges like Huobi and Kraken Futures are notable for their emphasis on security and regulatory compliance.

Whether a trader prioritizes fees, leverage, asset variety, or platform features ultimately determines the best option. Each of the platforms under discussion has distinct advantages, making them dependable options for leveraged cryptocurrency trading outside of PrimeXBT.

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