How does the roll feature work in cryptocurrency trading?

1 answers

• Mar 19, 2022 · 3 years ago
  At BYDFi, the roll feature in cryptocurrency trading works by allowing traders to extend the expiration time of their open positions. This feature is designed to provide flexibility and convenience to traders who want to hold onto their positions for longer periods. By rolling over a position, traders can avoid the need to close and reopen positions, which can save time and transaction costs. However, it's important to note that the roll feature should be used with caution, as market conditions can change rapidly. Traders should carefully analyze market trends and consult with experts before using the roll feature to make informed decisions.
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