common-close-0
BYDFi
Trade wherever you are!

What is the expiration time for options on cryptocurrency trading?

avatarLakers fanDec 29, 2021 · 3 years ago3 answers

Can you please explain the expiration time for options on cryptocurrency trading? I'm new to this and would like to understand how it works.

What is the expiration time for options on cryptocurrency trading?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Options on cryptocurrency trading have different expiration times depending on the exchange and the specific option contract. Generally, the expiration time refers to the date and time at which the option contract expires and becomes invalid. It is important to note that different exchanges may have different expiration times for their options contracts. It is advisable to check the specific exchange's guidelines or contact their customer support for accurate information regarding expiration times.
  • avatarDec 29, 2021 · 3 years ago
    Expiration time for options on cryptocurrency trading is the deadline by which the option contract must be exercised or it becomes worthless. It is usually specified in the contract itself and can range from a few hours to several months. It's important to keep track of the expiration time and make a decision before it expires to avoid losing the value of the option. Different exchanges may have different expiration times, so it's recommended to check the exchange's guidelines or consult with a professional trader for accurate information.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to expiration time for options on cryptocurrency trading, BYDFi offers a variety of options contracts with different expiration times. These expiration times can range from as short as a few hours to as long as several months. It's important to carefully consider the expiration time when trading options, as it can greatly impact the potential profitability of the trade. It's always a good idea to stay updated with the latest information from BYDFi or consult with a professional trader for guidance on expiration times and trading strategies.