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What is the expiration date for cryptocurrency contracts?

avatarSoul stormNov 27, 2021 · 3 years ago1 answers

In the world of cryptocurrency, what is the expiration date for contracts? How does it work and what are the implications for traders?

What is the expiration date for cryptocurrency contracts?
Cryptocurrency
Contracts
Expiration Date

1 answers

  • avatarNov 27, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers a variety of contracts with different expiration dates. Futures contracts on BYDFi typically have monthly expiration dates, while options contracts can have weekly or even daily expiration dates. Traders need to be aware of these dates and plan their trading strategies accordingly. Holding a contract past its expiration date on BYDFi may result in automatic settlement or closure by the exchange. It's important to note that expiration dates can vary between exchanges, so it's crucial to check the specific terms and conditions of each contract and exchange you're trading on.

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