Exchanges & Trading

Exchanges & Trading covers the platforms and market structure US crypto users actually rely on: how exchanges operate, what distinguishes a well-run platform from a risky one, derivatives and futures markets, and the security incidents that periodically upend all of it.

This hub includes our Derivatives & Futures coverage, for readers who want to understand leveraged and perpetual products before using them, and our Security & Hacks coverage, which tracks breaches and incidents and what they actually mean for users -- not just headlines about the size of a loss, but what happened and what it should change about how you think about custody.

We do not review or rank individual exchanges as a business relationship; when we describe a platform, we describe what is publicly documented about how it operates.

Not financial advice. Cryptocurrency is volatile and high-risk; nothing here is a recommendation to buy or sell any asset. Consult a licensed professional before making financial decisions.