What is the time limit for holding a position on Bybit?
KORIBILLI SRIKANTHJan 14, 2022 · 3 years ago3 answers
Can you please explain the time limit for holding a position on Bybit? How long can I hold a position before it is automatically closed?
3 answers
- Jan 14, 2022 · 3 years agoThe time limit for holding a position on Bybit depends on the type of contract you are trading. For perpetual contracts, there is no specific time limit, and you can hold your position for as long as you want. However, it's important to note that there are funding fees that are charged every 8 hours for holding a position overnight. So, if you plan to hold a position for a long time, make sure to consider these fees in your trading strategy.
- Jan 14, 2022 · 3 years agoWhen it comes to futures contracts on Bybit, there are specific expiration dates for each contract. These expiration dates vary depending on the contract you are trading. Before the expiration date, you have the option to close your position manually or let it expire. If you choose to let it expire, Bybit will automatically close your position at the expiration date and settle the contract.
- Jan 14, 2022 · 3 years agoBybit is a popular cryptocurrency exchange known for its user-friendly interface and advanced trading features. It offers a wide range of trading options, including perpetual contracts and futures contracts. The time limit for holding a position on Bybit depends on the type of contract you are trading, so make sure to familiarize yourself with the specific rules and expiration dates for each contract. Happy trading!
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