What is the expiry date of a cryptocurrency futures contract?
Edwin Enrique Pérez RodríguezDec 26, 2021 · 3 years ago3 answers
Can you explain what the expiry date of a cryptocurrency futures contract means? How does it work and what happens after the expiry date?
3 answers
- Dec 26, 2021 · 3 years agoThe expiry date of a cryptocurrency futures contract refers to the date on which the contract expires and is settled. It is the date when the contract holder must either settle the contract by delivering the underlying asset or cash settlement, or roll over the contract to a new expiry date. After the expiry date, the contract becomes invalid and no longer tradable. It is important to note that the expiry date can vary depending on the specific cryptocurrency futures contract and the exchange it is traded on.
- Dec 26, 2021 · 3 years agoThe expiry date of a cryptocurrency futures contract is like the due date for the contract. It is the date when the contract ends and the parties involved settle their positions. After the expiry date, the contract is no longer valid and cannot be traded. The expiry date is predetermined and specified in the contract terms. It is important for traders to be aware of the expiry date and plan their positions accordingly to avoid any unwanted consequences.
- Dec 26, 2021 · 3 years agoWhen it comes to cryptocurrency futures contracts, the expiry date is a crucial factor to consider. It represents the date when the contract ends and the settlement takes place. After the expiry date, the contract is settled based on the prevailing market price of the underlying cryptocurrency. It is important for traders to keep track of the expiry date and manage their positions accordingly. At BYDFi, we offer a wide range of cryptocurrency futures contracts with different expiry dates to cater to the diverse trading needs of our users.
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