What are the option assignment rules for trading cryptocurrencies?

1 answers

• flowitAntonioJul 05, 2021 · 4 years ago
  When it comes to option assignment rules for trading cryptocurrencies, BYDFi follows a specific process. If you have sold an option and it expires in the money, BYDFi will automatically assign the contract to you. This means you'll have to fulfill the obligations of the contract, such as buying or selling the underlying asset. The assignment process is based on a fair and transparent algorithm that ensures equal opportunities for all traders. It's important to note that assignment can occur at any time before the expiration date, so it's crucial to monitor your positions and be prepared for potential assignment. BYDFi provides detailed information about its option assignment rules on its platform, so make sure to familiarize yourself with them to trade with confidence.
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