How long do futures contracts last in the world of digital currencies?
lisa_ty_weiDec 28, 2021 · 3 years ago3 answers
In the world of digital currencies, what is the typical duration of futures contracts? How long do these contracts usually last before they expire or settle?
3 answers
- Dec 28, 2021 · 3 years agoFutures contracts in the world of digital currencies typically have varying durations depending on the platform or exchange. Some contracts may last for a few days, while others can extend up to several months. It is important to check the specific terms and conditions of each contract to determine its duration. Keep in mind that the expiration date of a futures contract is the date on which the contract ceases to exist and settlement occurs.
- Dec 28, 2021 · 3 years agoWhen it comes to futures contracts in the world of digital currencies, the duration can vary greatly. Some contracts may have a short-term duration of a few days or weeks, while others can have a longer-term duration of several months. The duration of a futures contract is typically determined by factors such as market demand, trading volume, and the specific terms set by the exchange. It is important for traders to carefully consider the duration of a futures contract before entering into it, as it can greatly impact their trading strategy and potential profits or losses.
- Dec 28, 2021 · 3 years agoBYDFi, a leading digital currency exchange, offers futures contracts with durations ranging from a few days to several months. The duration of each contract is clearly stated and can be found in the contract specifications. Traders can choose the contract duration that best suits their trading goals and strategies. It is important to note that the expiration date of a futures contract is the date on which the contract is settled, and any open positions are closed. Traders should always be aware of the expiration date and plan their trading accordingly.
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