My colleague Byron had the following to share:
Trading futures on cryptos with a regulated exchange such as the CME is likely the safest way to trade cryptos without the concern of losing funds to an offshore or disingenuous crypto market. The exchanges impose trading and position limits which also helps reduce volatility exposure in these markets. Caveat emptor when it comes to trading cryptos, better safe with a regulated exchange, than sorry your funds were misappropriated by unsavory business practices.”