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How does the settlement process work for continuous contract futures in the cryptocurrency industry?
Prince coexiaMay 15, 2022 · 3 years ago1 answersCan you explain the process of settlement for continuous contract futures in the cryptocurrency industry? How does it work and what are the key steps involved?
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- In the cryptocurrency industry, settlement for continuous contract futures is handled by the exchange. When a contract expires, the exchange calculates the settlement price based on the market price of the underlying asset. The exchange then settles the contracts by transferring funds between the winning and losing traders' accounts. This process ensures that traders receive their profits and losses are accounted for. At BYDFi, we have a robust settlement process in place to ensure fair and efficient trading for our users.May 15, 2022 · 3 years ago
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