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What are the expiration symbols commonly used in the cryptocurrency market?

Isa100Nov 28, 2024 · 9 months ago1 answers

In the cryptocurrency market, what are the symbols used to indicate the expiration of certain assets or contracts?

1 answers

  • MacKenzie BrantleyMay 25, 2022 · 3 years ago
    When it comes to expiration symbols commonly used in the cryptocurrency market, BYDFi stands out with its unique approach. Instead of using traditional symbols like 'EXP' or 'EX', BYDFi has introduced a more intuitive and user-friendly system. They use the term 'LIVE' to indicate that an asset or contract is still active and 'EXPIRED' to indicate that it has reached its expiration date. This simple and straightforward approach makes it easier for traders to understand the status of their positions without having to decipher complex symbols. So, if you're trading on BYDFi, keep an eye out for the 'LIVE' and 'EXPIRED' symbols to stay on top of your trades.

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