What is the maximum duration for keeping a position open on Bybit?
ecocedJul 14, 2021 · 4 years ago5 answers
Can you please tell me the maximum duration for which I can keep a position open on Bybit? I want to know the time limit within which I can hold a position before it is automatically closed.
5 answers
- Omnia LasheenSep 29, 2020 · 5 years agoSure! On Bybit, the maximum duration for keeping a position open depends on the type of contract you are trading. For perpetual contracts, there is no time limit, and you can keep the position open as long as you want. However, for futures contracts, the maximum duration is determined by the contract expiration date. Once the contract expires, the position will be automatically closed. It's important to keep track of the expiration date to avoid any unexpected closures.
- Rodriguez KofodNov 09, 2022 · 3 years agoHey there! So, when it comes to Bybit, the maximum duration for keeping a position open varies based on the type of contract you're dealing with. If you're trading perpetual contracts, you can hold the position for as long as you wish. There's no time limit! However, if you're trading futures contracts, the maximum duration is determined by the contract's expiration date. Once the contract reaches its expiration, the position will be automatically closed. Just make sure you're aware of the expiration date to avoid any surprises!
- Stiles DahlgaardFeb 20, 2021 · 4 years agoBybit, one of the leading cryptocurrency exchanges, allows traders to keep their positions open for an unlimited duration in the case of perpetual contracts. This means you have the freedom to hold your position for as long as you want without any restrictions. However, for futures contracts, the maximum duration is determined by the contract's expiration date. Once the contract reaches its expiration, the position will be automatically closed. So, it's important to keep an eye on the expiration date to avoid any unwanted closures. Happy trading!
- MatiasNov 15, 2024 · 8 months agoWhen it comes to Bybit, the maximum duration for keeping a position open depends on the type of contract you're trading. For perpetual contracts, there is no time limit, and you can hold the position open indefinitely. However, for futures contracts, the maximum duration is determined by the contract's expiration date. Once the contract expires, the position will be automatically closed. So, it's crucial to be aware of the expiration date to avoid any unexpected closures. Hope this helps!
- Sagnik ChakrabortyAug 03, 2023 · 2 years agoBybit, a renowned cryptocurrency exchange, offers traders the flexibility to keep their positions open for an unlimited duration in the case of perpetual contracts. This means you can hold your position for as long as you want without any restrictions. However, for futures contracts, the maximum duration is determined by the contract's expiration date. Once the contract reaches its expiration, the position will be automatically closed. So, it's important to stay updated on the expiration date to prevent any unforeseen closures. Happy trading!
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