What is the futures settlement time for Bitcoin?

3 answers

• Shraddha ShivganMay 02, 2024 · a year ago
  The futures settlement time for Bitcoin refers to the specific time and date when futures contracts for Bitcoin expire. This is when the contract holders are required to either settle the contract by delivering the underlying Bitcoin or offsetting the contract by taking an opposite position. The settlement time varies depending on the exchange and the specific contract. It is important to note that the settlement time can have an impact on the cryptocurrency market, as it may lead to increased volatility and trading activity.
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• stackyyJul 19, 2021 · 4 years ago
  When it comes to the futures settlement time for Bitcoin, it's crucial to understand that different exchanges may have different settlement procedures. Generally, the settlement time occurs on the last Friday of the contract month. However, it's always recommended to check the specific contract details and the exchange's guidelines to ensure accurate information. The futures settlement time can influence the market sentiment and potentially lead to price fluctuations as traders adjust their positions.
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• Shea MitchellFeb 04, 2021 · 5 years ago
  BYDFi, a leading cryptocurrency exchange, follows the industry standard for futures settlement time. For Bitcoin futures contracts, the settlement time is typically on the last Friday of the contract month. This is in line with the majority of exchanges in the market. It's important for traders to be aware of the settlement time as it can impact their trading strategies and risk management. Always refer to the exchange's official documentation for the most up-to-date information on futures settlement time.
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