Learn where to trade Polkadot with or without leverage
List of 25 Top Exchanges and Sites
Notice: We earn commission for referring traders to these sites.
Gate.io
Gate.io is one of the top 10 most popular cryptocurrency exchanges. Both when it comes to spot trading and leveraged futures trading. It has over 80 million users globally and over 12 billion in daily trading volume.
You can also trade ETFs for leveraged tokens here. These enable up to 5x leverage without risk of liquidation.
Gate.io now also has a great crypto copy-trading platform with many features.
KuCoin is one of the most popular crypto websites overall. It enables crypto trading with or without leverage. This includes perpetuals with up to 100x leverage. Both Ethereum and Bitcoin perpetuals can be traded with 100x leverage. Most other perpetuals can be traded with just 20x though. A neat feature of this exchange is that they have categorized the coins that can be traded into categories like Metaverse, NFT, DeFi, making browsing what to trade easier. KuCoin does also offer 24/7 customer service.
FTX is one of the top cryptocurrency exchanges, and it is famous for very low trading fees. FTX’s own token called FTT can be staked to get rewards in the form of lower trading fees, increased airdrop chances, and more. This exchange has a great selection of tradable instruments, including perpetual futures for lots of cryptos, spot cryptos, long and short leveraged tokens, derivatives for stocks, Bitcoin volatility instruments, and more. That is for the international version, the US version of FTX does just feature crypto spot trading.
Binance is the most popular crypto exchange by a wide margin. According to CoinGecko, the Binance exchange (spot) is about 4 times larger than the #2. It is also the largest derivatives trading exchange, but not by that wide of a margin.
You can use Binance for both trading of non-leveraged and leveraged crypto instruments. The selection of tradable crypto-related instruments is huge, and include leveraged tokens, vanilla options, perpetual and quarterly futures contracts setteled in BUSD, USDT, and cryptocurrencies. You can also trade NFTs on Binance.
You can also buy crypto directly from the Binance website.
You can trade a wide range of cryptocurrencies with eToro. 42 in total. This includes Bitcoin, Bitcoin Cash, Ethereum, EOS, Litecoin, XRP, and many more. The minimum positions are $25 for Bitcoin and Ethereum. When trading crypto with eToro, you own the underlying asset. eToro also makes it possible to discover and copy other successful traders.
Instrument categories: CFD, Stocks
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
OKX is one of the top cryptocurrency exchanges and trading sites. You can use OKX to trade a wide range of cryptos with different types of instruments. This includes spot, perpetuals, futures, and options. Most of the cryptos are available to be traded with a maximum of 75x leverage.
At the moment there are just options for BTC and ETH.
They do also offer a range of other crypto-related products. This includes a DeFi Hub.
Plus500 is a popular CFD broker that lets you trade over 2,000 financial instruments. Plus500 offers CFD cryptocurrency trading with up to 2x leverage. There are a lot of different ones available for trading at the time of writing this. This includes Bitcoin, Cardano, Ethereum, Litecoin, Solana, and Stellar. You'll find a full list on their website.
Polkadot (DOT) leverage: Up to 2x
Instrument categories: CFD
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
According to them, Stormgain lets you access trading with the highest leverage on the market: up to 300x for BTC. You can trade Ethereum with up to 200x leverage, Cardano, Litecoin, Bitcoin Cash, and XRP with up to 100x leverage. And lots more with up to 50x leverage. In total, there are futures for 55 top cryptos at Stormgain as I write this. You can also trade Bitcoin options here.
Polkadot (DOT) leverage: Up to 50x
Instrument categories: Futures
Risk warning: Cryptocurrencies and derivative instruments based on cryptocurrencies are complex instruments and come with a high risk of losing money rapidly due to leverage and extreme asset volatility. You should carefully consider whether you fully understand how cryptocurrency trading works and whether you can afford to take the high risk of losing all your invested money.
Phemex is a popular crypto trading sites that offer both spot and leveraged perpetual trading for a wide range of cryptos. The maximum possible leverage you can get is 100x with perpetual contracts for BTCUSD. Most cryptos, however, are just possible to trade with 20x leverage here.
Libertex is a CFD broker with one of the best selections of cryptocurreny CFDs. This includes Bitcoin, Ethereum, Solana, Dogecoin, Chainlink, Cardano, 0x, and many more. You'll find a list complete list of tradable instruments on the Libertex website.
Polkadot (DOT) leverage: Up to 2x
Instrument categories: CFD
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
You can trade a wide range of cryptocurrencies with eToro. 42 in total. This includes Bitcoin, Bitcoin Cash, Ethereum, EOS, Litecoin, XRP, and many more. The minimum positions are $25 for Bitcoin and Ethereum. When trading crypto with eToro, you own the underlying asset. eToro also makes it possible to discover and copy other successful traders. 
Plus500 is a popular CFD broker that lets you trade over 2,000 financial instruments. Plus500 offers CFD cryptocurrency trading with up to 2x leverage. There are a lot of different ones available for trading at the time of writing this. This includes Bitcoin, Cardano, Ethereum, Litecoin, Solana, and Stellar. You'll find a full list on their website. 
Libertex is a CFD broker with one of the best selections of cryptocurreny CFDs. This includes Bitcoin, Ethereum, Solana, Dogecoin, Chainlink, Cardano, 0x, and many more. You'll find a list complete list of tradable instruments on the Libertex website.