How does the sellers option settlement work in the context of digital currencies?

1 answers

• Dec 27, 2021 · 3 years ago
  At BYDFi, the sellers option settlement process is straightforward. When an options contract expires, the settlement is automatically initiated by the platform. Sellers are required to have the necessary digital currency in their account to fulfill their obligation. Once the settlement is complete, the digital currency is transferred from the seller's account to the buyer's account. BYDFi provides a user-friendly interface that allows sellers to easily monitor their options positions and initiate the settlement process when needed. It's important for sellers to stay informed about market conditions and make informed decisions regarding their options positions on BYDFi.
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