What is the maximum duration for holding a position on BitMEX?

Can you please explain the maximum duration for holding a position on BitMEX? I'm curious to know the time limit for keeping a position open on this platform.

3 answers
- The maximum duration for holding a position on BitMEX depends on the type of contract you are trading. For perpetual contracts, there is no time limit, and you can hold your position for as long as you want. However, for futures contracts, the maximum duration is typically 3 months. It's important to note that BitMEX also offers a feature called auto-deleveraging, which can close your position if it reaches bankruptcy level. So, make sure to manage your positions accordingly to avoid any unexpected liquidations.
Mar 19, 2022 · 3 years ago
- When it comes to holding a position on BitMEX, the maximum duration varies depending on the type of contract. Perpetual contracts have no time limit, allowing you to hold your position indefinitely. On the other hand, futures contracts usually have a maximum duration of 3 months. It's crucial to keep track of the expiration date of your futures contracts to avoid any unwanted liquidations. Additionally, it's worth mentioning that BitMEX has a robust liquidation system in place to ensure the stability of the platform.
Mar 19, 2022 · 3 years ago
- The maximum duration for holding a position on BitMEX depends on the contract type. For perpetual contracts, you can hold your position for as long as you want. However, for futures contracts, the maximum duration is typically 3 months. It's important to be aware of the expiration date of your futures contracts to avoid any unexpected liquidations. BitMEX has implemented a fair liquidation system to protect traders and maintain the integrity of the platform. Remember to always manage your positions responsibly and stay informed about the contract specifications.
Mar 19, 2022 · 3 years ago
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