What are the future contract specifications for digital currencies?

3 answers

• Nov 25, 2021 · 3 years ago
  Sure! Future contract specifications for digital currencies typically include the contract size, tick size, delivery months, and the settlement method. It's important for investors to understand these specifications as they determine the terms and conditions of the contract. For example, the contract size represents the amount of the digital currency that is being traded, while the tick size refers to the minimum price movement of the contract. Delivery months indicate the months in which the contract can be settled, and the settlement method determines how the contract is settled, whether it's through physical delivery or cash settlement. These specifications vary depending on the exchange and the specific digital currency being traded.
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• Nov 25, 2021 · 3 years ago
  Future contract specifications for digital currencies are like the rules of the game. They outline the important details that investors need to know before entering into a contract. It's like knowing the dimensions of a basketball court before playing a game. Without understanding these specifications, investors may find themselves in a disadvantageous position. So, it's crucial to familiarize yourself with the contract size, tick size, delivery months, and settlement method of digital currency future contracts before diving in.
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• Nov 25, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, provides future contract specifications for digital currencies that are designed to meet the needs of professional traders and investors. The contract size, tick size, delivery months, and settlement method are carefully determined to ensure fair and transparent trading. Investors can find all the necessary information about future contract specifications on the BYDFi website or by contacting their customer support. It's always a good idea to do your research and understand the specifications before engaging in digital currency futures trading.
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