What do we call the price of a digital currency that is set to be delivered at a later date?

3 answers

• Jirasat SritongonAug 08, 2022 · 3 years ago
  When it comes to digital currencies, the price of a cryptocurrency that is set to be delivered at a later date is commonly referred to as the 'futures price'. This concept is derived from the financial market's futures contracts, which allow traders to speculate on the future price of an asset. In the cryptocurrency market, futures contracts enable investors to buy or sell a specific amount of a digital currency at a predetermined price and date in the future. This provides an opportunity for traders to hedge their positions or speculate on the price movement of a cryptocurrency without actually owning it. The futures price is determined by various factors such as supply and demand dynamics, market sentiment, and the underlying spot price of the digital currency. It plays a crucial role in the cryptocurrency market as it provides a mechanism for price discovery and risk management.
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• Nhật Thành Nguyễn PhạmJul 21, 2023 · 2 years ago
  You know, in the world of digital currencies, we call the price of a cryptocurrency that is set to be delivered at a later date the 'future price'. It's like making a bet on the future value of a digital currency. Traders can enter into futures contracts to buy or sell a specific amount of a cryptocurrency at a predetermined price and date. This allows them to speculate on the price movement of the cryptocurrency without actually owning it. The future price is influenced by various factors such as market demand, supply dynamics, and the current spot price of the cryptocurrency. It's an important concept in the cryptocurrency market as it provides a way for traders to manage risk and potentially profit from price fluctuations.
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• SchaniaJun 28, 2020 · 5 years ago
  In the world of digital currencies, the price of a cryptocurrency that is set to be delivered at a later date is commonly known as the 'futures price'. This term is widely used in the financial industry and is applicable to various assets, including cryptocurrencies. For example, at BYDFi, a leading cryptocurrency exchange, traders can participate in futures trading to speculate on the future price of digital currencies. Futures contracts allow traders to buy or sell a specific amount of a cryptocurrency at a predetermined price and date in the future. The futures price is determined by market forces such as supply and demand, as well as factors specific to the cryptocurrency market. It's an essential concept in the cryptocurrency market as it provides opportunities for traders to hedge their positions, manage risk, and potentially profit from price movements.
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