Exchange Guide 2025

Which Exchange Should You Use
for Crypto Futures?

We use Binance, HTX and Hyperliquid to send our signals. Here's an honest breakdown of each — regulations, KYC requirements, fees and who each one is best for.

💧 Hyperliquid 🟡 Binance 🔵 HTX 📊 Comparison ❓ FAQ

Quick Comparison

The 3 exchanges we support for automated signals and copy trading.

Exchange KYC Europe Futures Type Maker Fee Pairs
💧 Hyperliquid No KYC ✓ Available Decentralized 0.01% 190+
🟡 Binance KYC Required ✗ Banned EU Centralized 0.02% 400+
🔵 HTX Light KYC ✓ Available Centralized 0.02% 200+
🇪🇺

European traders: Binance Futures is banned in the EU

Since 2023, Binance has restricted access to crypto derivatives (futures, perpetuals) for users in the European Economic Area due to MiCA and ESMA regulations. If you're in Europe, Hyperliquid or HTX are your best alternatives — both accessible and with no geographic restrictions on futures trading.

💧

Hyperliquid

Decentralized on-chain perpetuals — no KYC, no custodian risk

Hyperliquid is a decentralized perpetual futures exchange built on its own L1 blockchain. You connect with a wallet — no account, no identity verification. Your funds stay on-chain and you're always in control. It's become the go-to exchange for serious traders who want CEX-level speed without the custody risk.

This is our recommended exchange for all traders, especially Europeans who can't access Binance Futures. With 190+ crypto pairs and some of the lowest fees in the industry (0.01% maker), it's hard to beat.

Maker Fee
0.01%
Taker Fee
0.035%
KYC
None
Pairs
190+
Max Leverage
50×
Custody
On-chain

Pros

  • No KYC — just connect your wallet
  • Available everywhere, including EU
  • Lowest fees: 0.01% maker
  • Non-custodial — you own your keys
  • Near-instant order execution
  • On-chain transparency
  • No withdrawal delays

Cons

  • Requires a crypto wallet (MetaMask, etc.)
  • USDC collateral only
  • No fiat on-ramp
  • Smaller pair selection vs Binance
  • No mobile app (yet)
Open a Hyperliquid account
Use our referral code and get a fee discount from day one.
Open Account — Code: CCXT1
🟡

Binance Futures

World's largest exchange — regulated, deep liquidity, not available in EU

Binance is the largest cryptocurrency exchange by volume in the world, with hundreds of futures pairs and unmatched liquidity. It's the most regulated of the three, holding licenses in multiple jurisdictions including the EU (for spot trading). However, Binance Futures (USDT-M perpetuals) is banned in the European Economic Area since 2023 under ESMA derivatives regulations.

If you're outside Europe and want the deepest liquidity and most established platform, Binance Futures remains the gold standard.

Maker Fee
0.02%
Taker Fee
0.05%
KYC
Required
Pairs
400+
Max Leverage
125×
Custody
Centralized

Pros

  • Highest liquidity globally
  • 400+ futures pairs
  • Up to 125× leverage
  • Most regulated exchange
  • Advanced trading tools
  • Fiat on/off-ramp
  • Mobile app + desktop

Cons

  • Futures banned in EU/EEA countries
  • Full KYC (passport + selfie)
  • Custodial risk (centralized)
  • Account freezes reported in some regions
  • US residents also restricted
Open a Binance account
Use our referral link and get a trading fee discount on Binance Futures.
Join Binance — Ref: DKTXI3ZX
🔵

HTX (formerly Huobi)

Asian powerhouse — light KYC, 200+ pairs, EU-accessible

HTX (rebranded from Huobi in 2023) is one of Asia's longest-running cryptocurrency exchanges, founded in 2013. It offers a full range of futures and perpetual contracts with lighter KYC requirements than Binance. Crucially, HTX futures are accessible from Europe — making it an ideal alternative for traders who need a more traditional centralized exchange experience.

HTX is less strictly regulated than Binance but operates under several Asian jurisdiction licenses. It offers competitive fees and a wide selection of altcoin perpetuals.

Maker Fee
0.02%
Taker Fee
0.06%
KYC
Light
Pairs
200+
Max Leverage
200×
Founded
2013

Pros

  • Available in Europe for futures
  • Light KYC — email only for basic tier
  • 200+ perpetual pairs
  • Up to 200× leverage
  • Over 10 years of operation
  • Strong Asian altcoin selection
  • Mobile app available

Cons

  • Less regulated than Binance
  • Lower liquidity on smaller pairs
  • Centralized — custodial risk
  • Past hacks (2023 — funds recovered)
Open an HTX account
Use our invite link and get bonus rewards on your first deposit.
Join HTX — Code: wbhg2223

Frequently Asked Questions

Can I use Binance Futures if I'm in Europe? ▾
No. Binance restricted access to crypto derivatives (futures, options, perpetuals) for users in the European Economic Area (EEA) in 2023, following pressure from ESMA and in preparation for MiCA regulations. European traders should use Hyperliquid or HTX instead — both fully accessible in the EU with no restrictions on futures trading.
Do I need to verify my identity on Hyperliquid? ▾
No. Hyperliquid is fully decentralized — you simply connect a compatible wallet (MetaMask, Phantom, etc.) and start trading. There is no account registration, no email, and no identity verification required. Your funds remain on-chain at all times, meaning no exchange custody risk.
How does BullRunSignals send signals to these exchanges? ▾
Our AI scanner monitors hundreds of futures pairs across all 3 exchanges simultaneously. When a high-quality setup is detected (score ≥ 7.5 for LONG, ≥ 7.0 for SHORT), a signal is sent to our Telegram channel with full details: entry, stop-loss, 3 take-profit targets and risk/reward ratio. VIP members also get the full score breakdown and optional auto-execution via API.
Is Hyperliquid safe? ▾
Hyperliquid runs on its own Layer-1 blockchain, meaning all trades and funds are managed by smart contracts rather than a central company. This eliminates the risk of exchange insolvency or fund freezing. However, smart contract bugs are a theoretical risk — always do your own research and only trade what you can afford to lose.
Which exchange has the lowest fees? ▾
Hyperliquid offers the lowest fees: 0.01% maker and 0.035% taker. Binance is second at 0.02% maker / 0.05% taker, and HTX is at 0.02% maker / 0.06% taker. Using referral codes can further reduce fees on all three platforms.
Can I auto-trade BullRunSignals on all 3 exchanges? ▾
Yes. Our VIP bot supports API-connected auto-trading on Binance Futures, HTX and Hyperliquid. Set your position size, max open trades, leverage, and let the bot execute every signal automatically. You stay in control and can disable it anytime from your dashboard.

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