What is the maximum duration for holding a futures contract in the world of digital currencies?
antarct1cDec 25, 2021 · 3 years ago3 answers
In the world of digital currencies, what is the maximum length of time that one can hold a futures contract?
3 answers
- Dec 25, 2021 · 3 years agoThe maximum duration for holding a futures contract in the world of digital currencies varies depending on the exchange and the specific contract. Some exchanges may offer futures contracts with durations as short as a few hours, while others may have contracts that can be held for several months. It is important to check the terms and conditions of the exchange and the specific contract to determine the maximum duration allowed.
- Dec 25, 2021 · 3 years agoWhen it comes to holding a futures contract in the world of digital currencies, the maximum duration can differ from exchange to exchange. While some exchanges may have contracts that can be held for a few days or weeks, others may offer contracts that can be held for several months. It is crucial to carefully read the contract details and terms of the exchange you are trading on to know the specific maximum duration for holding a futures contract.
- Dec 25, 2021 · 3 years agoBYDFi, a digital currency exchange, offers futures contracts with a maximum duration of 90 days. This means that traders can hold their futures contracts for up to 90 days before they expire. It is important to note that the maximum duration may vary on different exchanges, so it is always recommended to check the terms and conditions of the specific exchange you are trading on.
Related Tags
Hot Questions
- 99
What are the best practices for reporting cryptocurrency on my taxes?
- 99
How can I minimize my tax liability when dealing with cryptocurrencies?
- 97
How can I buy Bitcoin with a credit card?
- 85
Are there any special tax rules for crypto investors?
- 76
What are the tax implications of using cryptocurrency?
- 31
What is the future of blockchain technology?
- 18
What are the advantages of using cryptocurrency for online transactions?
- 17
What are the best digital currencies to invest in right now?