Which product is right for this use case?
- No leverage needed — Use Spot Trading. Direct asset ownership, no liquidation risk, 750+ pairs.
- Leverage on spot pairs, simpler risk model — Use Margin Trading. Up to 10x leverage on spot pairs (e.g.,
BTC_USDT). No funding rates, no Hedge Mode. - Perpetual contracts, higher leverage, funding rate mechanics — Use Futures Trading. Up to 100x leverage on perpetual pairs (e.g.,
BTC_PERP), Hedge Mode for simultaneous long/short positions, periodic funding rate settlement.
Comparison
API routing: Margin vs Futures
Margin Trading and Futures Trading share the same API endpoints. The pair name is the only differentiator:- Spot pair (e.g.,
BTC_USDT) → Margin Trading - Perpetual pair (e.g.,
BTC_PERP) → Futures Trading
/api/v4/order/collateral/ and /api/v4/collateral-account/ serve both products. There is no separate “margin” or “futures” parameter in the request body — the market pair name alone determines which product is used.
Both Margin and Futures draw from the same Collateral balance. Leverage is also configured account-wide via a single endpoint — it applies to both products simultaneously.
What’s Next
Spot Trading
750+ pairs, 6 order types, kill-switch, bulk orders. No leverage.
Margin Trading
Up to 10x leverage on spot pairs using the Collateral account.
Futures Trading
Perpetual contracts up to 100x, Hedge Mode, and funding rates.