How does rollover work in the context of cryptocurrency trading?

3 answers

• SaPradiAug 20, 2022 · 3 years ago
  Rollover in cryptocurrency trading refers to the process of extending the settlement date of an open position to the next trading day. This is typically done to avoid the physical delivery of the underlying asset and to continue holding the position. It allows traders to maintain their exposure to a particular cryptocurrency without having to close and reopen a position. However, it's important to note that rollover fees may apply, and the cost can vary depending on the cryptocurrency and the exchange you're using. Make sure to check the rollover fees and consider them when planning your trades.
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• Areif MunandarFeb 13, 2022 · 4 years ago
  When you use rollover in cryptocurrency trading, it's like hitting the snooze button on your position. Instead of closing your position at the end of the trading day, you can choose to extend it to the next day. This can be useful if you believe the market conditions will improve overnight or if you want to avoid the hassle of closing and reopening positions. Just keep in mind that there may be additional fees associated with rollover, so make sure to factor that into your trading strategy.
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• 071 Parameshwaran M MechDec 23, 2023 · 2 years ago
  In the context of cryptocurrency trading, rollover allows you to keep your position open beyond the end of the trading day. This can be beneficial if you want to hold onto your position for longer or if you want to take advantage of potential price movements overnight. However, it's important to consider the rollover fees that may be charged by your exchange. These fees can vary and can impact your overall profitability. Before using rollover, make sure to understand the fees involved and assess whether it aligns with your trading strategy.
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