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What is the expiration time for bitcoin futures?

avatardoodimDec 27, 2021 · 3 years ago3 answers

Can you please explain the expiration time for bitcoin futures in detail? When do they expire and what happens after the expiration?

What is the expiration time for bitcoin futures?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Bitcoin futures contracts typically have monthly expiration dates. The exact expiration date depends on the specific exchange or platform where the futures are traded. After the expiration, the futures contract settles, which means that the parties involved either settle the contract in cash or physically deliver the underlying asset. It's important to note that most traders close their positions before the expiration date to avoid the complexities of settlement.
  • avatarDec 27, 2021 · 3 years ago
    Bitcoin futures contracts usually expire on the last Friday of the month. After the expiration, traders have the option to roll over their positions to the next contract period or close their positions. Rolling over involves closing the current contract and opening a new one with a later expiration date. This allows traders to maintain their exposure to bitcoin without having to physically settle the contract.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to bitcoin futures, BYDFi offers contracts with various expiration dates, including monthly and quarterly options. The expiration time for each contract is clearly stated on the platform. After the expiration, BYDFi settles the contracts in cash. Traders can choose to either settle the contract or roll over their positions to the next contract period. It's important to carefully consider the expiration time and choose the option that aligns with your trading strategy.