How Do the Contract Specifications (E.g. Contract Size) of CME Futures Differ from Unregulated Crypto Exchanges?

CME futures contracts are typically standardized with a much larger contract size (e.g. 5 Bitcoin per contract) and are non-leveraged, requiring full margin, catering to institutional investors.

Unregulated crypto exchanges often offer much smaller contract sizes and very high leverage (up to 100x or more) to appeal to retail traders. The standardized, larger size of CME contracts ensures deep institutional liquidity and compliance with regulatory requirements.