How to Trade Leveraged Gold & Silver Using Crypto (US Guide — Jan 2026)

Researched by Thomas DeMichele Published - January 28, 2026
Last Updated - January 28, 2026

US citizens can trade leveraged metals like Gold & Silver using crypto on Coinbase, some DeFi exchanges, and more. Keep reading to find out how to save while you trade metals with leverage.

TIP: Set stops, in many cases if you aren’t using isolated margin you can risk your entire account if you trade high leverage and don’t set a stop! Learn a bit before you trade.

Important: This guide covers practical ways U.S. users gain leveraged exposure to gold (XAU) and silver (XAG) using crypto and crypto-adjacent platforms. Some venues are regulated (U.S.), others are DeFi (self-custody), and some are international-only. Availability can vary by state, account type, and jurisdiction.

Risk disclosure: Leveraged trading can liquidate your position quickly. Only trade with money you can afford to lose. This is educational content, not financial advice.

Quick Pick: Best Options by Category

  • Best DeFi metals leverage: Gains (gTrade) — high leverage on XAU/XAG with self-custody.
  • Best U.S. regulated metals leverage: Coinbase (metals futures) and Kraken Derivatives US (CME/COMEX futures access).
  • Best “international” crypto exchange option: Binance Futures (XAUUSDT/XAGUSDT perps) — availability depends on region.

1) DeFi (Self-Custody): Trade Gold & Silver Perps With Crypto

1A) Gains (gTrade) — XAU/USD & XAG/USD

Networks: Arbitrum, Polygon

  1. Install a wallet (MetaMask or WalletConnect-compatible).
  2. Bridge funds to Arbitrum or Polygon (stablecoins like USDC are commonly used).
  3. Visit Gains and connect your wallet.
  4. Choose XAU/USD (gold) or XAG/USD (silver), select leverage, set stop loss / take profit, and open a long/short.
  5. Monitor liquidation price closely; adjust risk controls as needed.

Referral: Trade with leverage using DeFi with Gains.Trade referral code cryptowizard (connect wallet to use the code):


Use Gains Referral (cryptowizard)

1B) Hyperliquid — Metals Perps (Gold & Silver)

Network: Hyperliquid L1 (you bridge USDC in)

  1. Connect your wallet on Hyperliquid.
  2. Bridge USDC into Hyperliquid (follow the on-site bridge flow).
  3. Search for the metals markets (Gold / Silver perps).
  4. Select leverage, open a position, and use risk controls (SL/TP) immediately.

1C) Kwenta (Synthetix Perps) — XAU & XAG

Networks: Optimism (primary), Base (varies)

  1. Connect your wallet.
  2. Bridge funds to Optimism (and/or Base if supported in your region/account).
  3. Open the perps interface and find XAU and XAG markets.
  4. Set leverage, open a position, and place a stop loss.

1D) Ostium — XAU/USD-PERP & XAG/USD-PERP

Network: Arbitrum

  1. Connect your wallet.
  2. Bridge funds to Arbitrum.
  3. Select XAU/USD-PERP or XAG/USD-PERP.
  4. Choose leverage, set SL/TP, and open long/short.

2) U.S. Regulated / Broker-Style: Metals Futures With Leverage

2A) Coinbase — Metals Futures (Gold & Silver)

  1. Create/verify your Coinbase account (KYC).
  2. Enable Derivatives / Futures access in your Coinbase settings.
  3. Fund your account (USD or supported funding method).
  4. Navigate to Derivatives and search metals contracts (Gold / Silver futures).
  5. Turn on intraday margin (if available) for higher leverage, then place your trade.

Referral: Get $30 in free BTC when you sign up for Coinbase:


Claim Coinbase Bonus

2B) Kraken Derivatives US — CME/COMEX Futures (Gold & Silver)

  1. Create/verify your Kraken account (KYC).
  2. Apply for Kraken Derivatives US / futures access.
  3. Fund your account.
  4. Open the futures platform and locate CME/COMEX metals (gold/silver).
  5. Trade with margin; manage risk with stops and position sizing.

Referral:

2C) Robinhood — Futures (Gold confirmed)

  1. Create/verify your Robinhood account (KYC).
  2. Enable Futures Trading.
  3. Fund your account.
  4. Find Gold futures and place trades using margin controls.

Referral: Robinhood link:


Robinhood Offer Link

3) International Option: Binance Futures (Availability Depends on Region)

Binance Futures lists metals perpetuals like XAUUSDT (gold) and XAGUSDT (silver). However, Binance products may not be available in every region, and U.S. users should confirm local eligibility before attempting to use Binance.com futures.

3A) Binance Spot Fee Discount (as advertised)

Save 20% on Binance Trading Fees with referral code DJBLD1Q5 (as advertised):


Click to Sign Up (Binance Spot)

Note: Additional discounts (e.g., using BNB to pay fees) and free spot BTC promos can change; confirm in your Binance account fee settings.

3B) Binance Futures Fee Discount (as advertised)

Save 10% on Binance Futures fees for your first month (as advertised) using this link:


Click to Register (Binance Futures)

Note: Futures fee promos can vary by region, account tier, and program terms; verify in the Futures fee schedule after signup.

Referral Checklist

  • Binance spot: DJBLD1Q5 — https://accounts.binance.com/register?ref=DJBLD1Q5
  • Binance futures: DJBLD1Q5 — https://www.binance.com/en/futures/ref/DJBLD1Q5
  • Coinbase: https://coinbase.com/join/9VX88NR?src=ios-link
  • Kraken: https://r.kraken.com/gxgb6xus
  • Robinhood: https://robinhood.c3me6x.net/BX0ROx
  • Gains (gTrade): cryptowizard — https://gains.trade/referred?by=cryptowizard

Author: Thomas DeMichele

Thomas DeMichele has been working in the cryptocurrency information space since 2015 when CryptocurrencyFacts.com was created. He has contributed to MakerDAO, Alpha Bot (the number one crypto bot on Discord),...