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What is the contract expiration time on BitMEX?

avatarKaushal kolDec 26, 2021 · 3 years ago3 answers

Can you please provide more details about the contract expiration time on BitMEX? I'm curious to know how it works and if there are any specific rules or deadlines to be aware of.

What is the contract expiration time on BitMEX?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! On BitMEX, the contract expiration time refers to the date and time when a specific contract or derivative expires. This means that the contract will no longer be valid or tradable after the expiration time. It's important to note that different contracts on BitMEX may have different expiration times, so it's crucial to check the contract specifications before trading. BitMEX usually provides clear information about the expiration time for each contract on their platform.
  • avatarDec 26, 2021 · 3 years ago
    The contract expiration time on BitMEX is an essential aspect to consider when trading derivatives. It's the moment when the contract ceases to exist, and any open positions will be settled based on the contract's price at that time. BitMEX typically uses the expiration time of 08:00 UTC for their contracts. However, it's always recommended to double-check the specific contract details on the BitMEX platform to ensure accurate information.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to contract expiration time, BitMEX follows a standard practice of using 08:00 UTC for most of their contracts. This means that if you have any open positions on a contract, they will be settled based on the contract's price at 08:00 UTC on the expiration date. However, it's important to note that different contracts may have different expiration dates and times, so it's crucial to review the contract specifications on BitMEX to get the accurate expiration time for each contract.