What are the contract specifications for trading digital currencies on Nadex?
Emerson Martins BritoDec 20, 2021 · 3 years ago3 answers
Can you provide detailed information about the contract specifications for trading digital currencies on Nadex, including the contract size, tick size, and expiration dates?
3 answers
- Dec 20, 2021 · 3 years agoSure! When trading digital currencies on Nadex, the contract size refers to the amount of the digital currency being traded in each contract. The tick size represents the minimum price movement of the digital currency contract. As for expiration dates, Nadex offers various expiration times for digital currency contracts, ranging from hourly to daily and weekly options. It's important to note that the contract specifications may vary depending on the specific digital currency being traded. Make sure to check Nadex's website for the most up-to-date information.
- Dec 20, 2021 · 3 years agoThe contract specifications for trading digital currencies on Nadex are quite straightforward. The contract size is typically based on the underlying digital currency and can vary. The tick size represents the minimum price movement of the contract and is also specific to each digital currency. As for expiration dates, Nadex offers a range of options, including hourly, daily, and weekly contracts. It's always a good idea to review the contract specifications for the specific digital currency you're interested in trading to ensure you have a clear understanding of the terms and conditions.
- Dec 20, 2021 · 3 years agoWhen it comes to trading digital currencies on Nadex, the contract specifications are designed to provide traders with flexibility and options. The contract size can vary depending on the digital currency being traded, allowing traders to choose the contract size that suits their trading strategy. The tick size represents the minimum price movement of the contract, ensuring that traders can accurately track price changes. As for expiration dates, Nadex offers a range of options, including short-term and long-term contracts, allowing traders to choose the expiration date that aligns with their trading goals. It's important to review the contract specifications for each digital currency before placing a trade to ensure you understand the terms and conditions.
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