What is the expiration day for cryptocurrency futures contracts?

3 answers

• Priyanka SinghApr 22, 2024 · a year ago
  Sure! The expiration day for cryptocurrency futures contracts refers to the date on which the contract expires. It is the last day on which the contract can be traded or settled. After the expiration day, the contract becomes invalid. The expiration day is predetermined and specified in the contract. It is important for traders to be aware of the expiration day as they need to decide whether to close their positions or roll over the contract to a new expiration date.
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• CorneliaAug 14, 2021 · 4 years ago
  The expiration day for cryptocurrency futures contracts is the day when the contract ends. It's like the due date for the contract. On the expiration day, the contract is settled, and the parties involved either deliver the underlying asset or settle the contract in cash. It's important to note that different exchanges may have different expiration days for their futures contracts, so it's essential to check the specific contract details.
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• KORIBILLI SRIKANTHMar 29, 2022 · 3 years ago
  The expiration day for cryptocurrency futures contracts varies depending on the exchange and the specific contract. For example, on BYDFi, the expiration day for their futures contracts is usually the last Friday of the contract month. However, it's important to note that this can vary, so it's always a good idea to check the contract specifications on the exchange's website or contact their customer support for the most accurate information.
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