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When do futures contracts in the cryptocurrency industry typically close?

avatarRios StorgaardDec 15, 2021 · 3 years ago5 answers

In the cryptocurrency industry, what is the usual timeframe for the closure of futures contracts?

When do futures contracts in the cryptocurrency industry typically close?

5 answers

  • avatarDec 15, 2021 · 3 years ago
    Futures contracts in the cryptocurrency industry typically close at the expiration date specified in the contract. This can vary depending on the specific contract, but it is usually within a few months. It is important for traders to be aware of the expiration date and plan their trading strategies accordingly.
  • avatarDec 15, 2021 · 3 years ago
    When it comes to futures contracts in the cryptocurrency industry, the closing time can vary. Some contracts may have a monthly expiration, while others may have a quarterly or even yearly expiration. It's crucial for traders to check the contract details and understand when their positions will be settled.
  • avatarDec 15, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers futures contracts with various expiration dates. These contracts typically close at the end of the specified time period, which can range from a few days to several months. Traders can find detailed information about the expiration dates on the BYDFi platform.
  • avatarDec 15, 2021 · 3 years ago
    Futures contracts in the cryptocurrency industry usually have a fixed expiration date. This date is predetermined and stated in the contract. It's important for traders to keep track of the expiration date and take appropriate actions before the contract closes, such as rolling over their positions or closing them out.
  • avatarDec 15, 2021 · 3 years ago
    In the cryptocurrency industry, futures contracts have different closing times depending on the exchange and the specific contract. Some contracts may close at the end of the trading day, while others may close at a specific time, such as midnight UTC. Traders should refer to the contract specifications or contact their exchange for accurate information on closing times.