What are the PERP coin trading platforms? A list of PERP coin platform app rankings in 2024

According to the 2024 rankings, OKX emerged as the top PERP coin trading platform, boasting over $10 billion in trading volume and a user-friendly interface.

Oct 26, 2024 at 06:44 am

PERP Coin Trading Platforms: 2024 App Rankings

Overview

Perpetual contracts (PERPs) have gained immense popularity in cryptocurrency trading, allowing traders to speculate on the future price of an asset without worrying about its physical delivery. Several trading platforms have emerged to cater to the growing demand for PERP trading. This article provides a detailed ranking of the top PERP coin trading platforms in 2024, based on key factors such as trading volume, user experience, fees, and security.

Top PERP Coin Trading Platforms

1. OKX

Trading volume: $10 billion+
Number of PERP pairs: 50+
User-friendly interface
Low trading fees
Robust security measures

2. Bybit

Trading volume: $5 billion+
Number of PERP pairs: 20+
Advanced trading tools
Competitive fees
Excellent customer support

3. Binance

Trading volume: $4 billion+
Number of PERP pairs: 15+
Comprehensive trading services
High liquidity
Secure platform

4. Huobi

Trading volume: $3 billion+
Number of PERP pairs: 10+
Margin trading options
Low fees for high-volume traders
Strong security protocols

5. FTX (Bankrupt)

Removed from ranking

6. Gate.io

Trading volume: $2 billion+
Number of PERP pairs: 5+
Competitive spot and futures trading
User-friendly interface

Key Considerations for Choosing a PERP Trading Platform

When selecting a PERP coin trading platform, it is crucial to consider the following factors:

Trading Volume: High trading volume ensures ample liquidity, reduced slippage, and faster trade execution.
Number of PERP Pairs: A wider selection of PERP pairs allows traders to diversify their trading strategies.
Fees: Choose platforms with competitive trading and withdrawal fees to minimize trading costs.
User Interface: A user-friendly interface enhances the trading experience and makes it easier for both beginners and experienced traders.
Security: Ensure the platform employs robust security measures, including two-factor authentication, SSL encryption, and cold storage of assets.
Customer Support: Responsive customer support is essential in case of any issues or queries.

Conclusion

PERP coin trading platforms have become indispensable tools for traders seeking to speculate on the price movements of crypto assets. By carefully considering the rankings and key factors outlined in this article, traders can make an informed decision and choose the platform that best meets their individual trading needs and preferences.

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