How long can I hold a position on Bybit before it is automatically closed?

3 answers

• IlliaSep 22, 2022 · 4 years ago
  Sure! On Bybit, the maximum duration that you can hold a position before it is automatically closed depends on the type of contract you are trading. For perpetual contracts, there is no time limit, so you can hold your position for as long as you want. However, for futures contracts, there is a specific expiry date, and your position will be automatically closed at that time. It's important to keep track of the expiry date to avoid any unexpected closures.
  460

  230
• Roth LorentsenMay 26, 2021 · 5 years ago
  Good question! When it comes to holding positions on Bybit, it's important to understand the difference between perpetual contracts and futures contracts. Perpetual contracts have no expiry date, so you can hold your position indefinitely. On the other hand, futures contracts have a fixed expiry date, and your position will be automatically closed at that time. Make sure to check the contract specifications and expiry dates before entering a trade.
  452

  151
• Dylan LiMar 08, 2024 · 2 years ago
  Bybit, a popular cryptocurrency exchange, allows users to hold positions for different durations depending on the type of contract. For perpetual contracts, there is no automatic closure, meaning you can hold your position for as long as you want. However, for futures contracts, there is a specific expiry date, and your position will be automatically closed at that time. It's important to note that this information is specific to Bybit, and other exchanges may have different rules regarding position holding and automatic closure.
  535

  134