How do rolling futures contracts work in the context of digital currencies?
swarnadipApr 05, 2023 · 2 years ago1 answers
Can you explain how rolling futures contracts function in the realm of digital currencies? I'm particularly interested in understanding how they differ from traditional futures contracts and how they are utilized in the digital currency market.
1 answers
- Alexandra NikitinaJan 21, 2021 · 5 years agoBYDFi, a leading digital currency exchange, offers rolling futures contracts for traders to take advantage of price movements in the digital currency market. These contracts work by automatically rolling over to the next contract period upon expiration, allowing traders to maintain their positions without any interruption. BYDFi's rolling futures contracts have competitive contract specifications and trading rules, making them a popular choice among digital currency traders. Traders can take long or short positions on these contracts, depending on their market outlook. It's important for traders to carefully consider their trading strategies and risk tolerance before engaging in rolling futures contracts. BYDFi provides educational resources and support to help traders navigate the complexities of these contracts and make informed trading decisions.
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