Why Trade Bitcoin Futures With Us?

Trading Platform Flexibility

Trade conveniently using your futures-enabled account on the trading platform type that works best for you – desktop, browser or mobile1

Scale Trades Up or Down

Customize your trade size. Choose between CME’s standard and micro bitcoin futures products

Low Commissions

Trade with our low futures commission rates – from $1.25/contract for standard futures and $0.85/contract for micro futures2

Go Long or Short

tastyworks allows customers the ability to both buy and sell bitcoin futures

MULTIPLE ORDER CHOICES

Target profits on your bitcoin futures with limit orders and mitigate downside risk with stop-loss orders

Top-notch Support

tastyworks has the best support team in the business – you’ll always have someone excited to help with any questions

Why Trade Bitcoin Futures?

Trading bitcoin futures offers investors benefits that are not available when trading bitcoin cryptocurrency outright:

    • You’ll never have to worry about losing your private key.
    • Use limit and stop-loss orders to mitigate potential losses.
    • Bitcoin futures are regulated by the CFTC.
    • When you trade bitcoin futures with tastyworks, the fees are upfront and low.2
    • Trading bitcoin futures allows investors the ability to take a long or short position.
    • Bitcoin futures are offered by the CME Futures Exchange.

What Bitcoin Futures Products Can I Trade?

tastyworks currently offers two bitcoin futures products:

  • CME Bitcoin Futures
  • CME bitcoin micro futures

CME bitcoin futures represent five bitcoins while CME bitcoin micro futures represent 1/10th the size of one bitcoin.

Trade Bitcoin Futures With Low Fees

At tastyworks, commissions are always low2

Contract to openContract to close

Futures

$1.25

$1.25

Micro Futures

$0.85

$0.85

How Bitcoin Futures Work

Bitcoin futures, like all futures, are derivative products. This means their value is derived from another, underlying source. In the case of bitcoin futures, the underlying product is bitcoin itself.

Some futures products, called “deliverable futures”, are settled via an actual exchange of the underlying product. Silver and Oil futures are settled in this manner. Bitcoin futures are “cash settled”. Rather than receiving or providing a set amount of Bitcoin, a trader’s account will either be credited or debited a cash amount based on the difference between the initial position and the settlement price.

Want to learn more about futures? Check out our deep dive on futures here!

In the futures market, a “tick” represents the minimum price fluctuation. The tick value of a bitcoin futures contract will depend upon which futures contract you are trading:

Tick increment1 Tick move

CME’s Standard Bitcoin Futures Contract

$5

$25

CME’s Micro Bitcoin Futures

$5

$0.50

As we can tell from the differences in the above tick increments, CME’s standard size bitcoin futures contract is 50x larger than its micro bitcoin future.

How to Trade Bitcoin Futures

To get started trading bitcoin futures with tastyworks, follow the steps below:1

  1. Do your research to get an understanding of how bitcoin futures trading works3
  2. Create an account or log in
  3. Choose your preferred bitcoin futures product
  4. Create a trading plan and manage your risk
  5. Open your futures position and monitor it
  6. Close your position if you want to do so before contract expires

If you still have questions, reach out to our friendly trade desk support team.

Open a Trading Account

  • TRY OUT FEATURES THAT ARE BUILT TO ENHANCE YOUR TRADING EXPERIENCE

    Discover cutting-edge capabilities on tastyworks' multiple interfaces

  • BOLSTER YOUR MARKET AWARENESS AND GET INSIGHTS THAT SPARK INSPIRATION

    Use the Follow Feed and video feed to find ideas that might unlock opportunities

  • EXPLORE A WIDE VARIETY OF FINANCIAL PRODUCTS

    Look into the possibilities - consider your trading goals and discover what works for you

Ready to trade?

Open an account

Trade Bitcoin Futures on the Best Platform

You can trade bitcoin futures on the tastyworks platform in whichever way is best for you – desktop, browser or mobile.

desktop monitor with tastyworks
Desktop

Use the desktop version to jump straight into the platform after booting

laptop with tastyworks
Browser

Sign in and trade from any computer using the browser version of the platform

Try It Now
phone with tastyworks
Mobile

Slip the tastyworks platform in your pocket and use it from wherever you are

1Increased leverage can result in significant losses in the event of adverse market conditions.
2Named the Best Online Broker by Investor’s Business Daily (IBD) in its ninth annual survey.
3Futures account approval is subject to tastyworks suitability requirements. Futures and futures options trading is speculative and not suitable for all investors. Please read all applicable futures risk disclosures.
4All futures trades incur a clearing fee of $0.30 per contract + exchange fees + NFA Fee. See the complete list of fees.
TASTYWORKS DISCLAIMER

TASTYWORKS, INC. IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.

All investments involve risk of loss. Please carefully consider the risks associated with your investments and if such trading is suitable for you before deciding to trade certain products or strategies. You are solely responsible for making your investment and trading decisions and for evaluating the risks associated with your investments.


tastyworks does not provide investment, tax, or legal advice. tastyworks’ website and brokerage services are not intended for persons of any jurisdiction where tastyworks is not authorized to do business or where such products and other services offered by the Firm would be contrary to the securities regulations, futures regulations or other local laws and regulations of that jurisdiction. Options involve risk and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially significant losses. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Futures accounts are not protected by the Securities Investor Protection Corporation (SIPC). All customer futures accounts' positions and cash balances are segregated by Apex Clearing Corporation. Futures and futures options trading is speculative and is not suitable for all investors. Please read the Futures & Exchange-Traded Options Risk Disclosure Statement prior to trading futures products.

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