What are the specifications for trading e-mini gold contracts in the cryptocurrency market?
Abs studiozJan 13, 2022 · 3 years ago3 answers
Can you provide me with the detailed specifications for trading e-mini gold contracts in the cryptocurrency market? I'm interested in knowing the contract size, tick size, margin requirements, and trading hours.
3 answers
- Jan 13, 2022 · 3 years agoSure! Trading e-mini gold contracts in the cryptocurrency market involves contracts that are smaller in size compared to standard gold futures contracts. The contract size for e-mini gold contracts is typically 50 troy ounces. The tick size, which represents the minimum price movement, is usually $0.10 per troy ounce. Margin requirements may vary depending on the exchange or platform you're trading on, but generally, they are lower than the requirements for standard gold futures contracts. As for trading hours, it's important to check with the specific exchange or platform as they may have different trading hours for e-mini gold contracts compared to other cryptocurrencies.
- Jan 13, 2022 · 3 years agoTrading e-mini gold contracts in the cryptocurrency market is a great way to gain exposure to the gold market without physically owning the metal. These contracts are designed to track the price of gold and provide traders with an opportunity to profit from price movements. The specifications for trading e-mini gold contracts include a contract size of 50 troy ounces, a tick size of $0.10 per troy ounce, and margin requirements that are typically lower than standard gold futures contracts. It's important to note that trading hours may vary depending on the exchange or platform you choose to trade on, so make sure to check the specific trading hours before placing any trades.
- Jan 13, 2022 · 3 years agoBYDFi, a leading cryptocurrency exchange, offers e-mini gold contracts for trading in the cryptocurrency market. The specifications for trading e-mini gold contracts on BYDFi include a contract size of 50 troy ounces, a tick size of $0.10 per troy ounce, and margin requirements that are lower than standard gold futures contracts. Trading hours on BYDFi may vary, so it's important to check the platform for the specific trading hours. E-mini gold contracts on BYDFi provide traders with an opportunity to diversify their cryptocurrency portfolio and gain exposure to the gold market.
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