common-close-0
BYDFi
Trade wherever you are!

What factors can influence the opening time of cryptocurrency futures?

avatarGaneshneelakantamDec 16, 2021 · 3 years ago1 answers

What are the various factors that can affect the opening time of cryptocurrency futures?

What factors can influence the opening time of cryptocurrency futures?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    The opening time of cryptocurrency futures can be influenced by various factors. One important factor is the exchange's decision-making process. Exchanges need to carefully consider market conditions, regulatory requirements, and technological readiness before launching futures trading. Another factor is the competition among exchanges. If one exchange announces the launch of cryptocurrency futures, other exchanges may expedite their own launch to stay competitive. Additionally, the availability of liquidity providers and market makers can also impact the opening time. Exchanges need to ensure there is sufficient liquidity in the futures market before opening it to traders. Overall, the opening time of cryptocurrency futures is influenced by exchange decisions, competition, and liquidity providers.