Are there any specific expiration dates for oil futures in the cryptocurrency industry?

2 answers

• May 03, 2022 · 3 years ago
  Well, let me tell you, oil futures in the cryptocurrency industry do indeed have specific expiration dates. These dates are determined by the exchange where the futures are listed and can vary depending on the contract. When the expiration date arrives, traders need to make a decision: either close out their positions or roll them over to a future expiration date. The expiration dates are important because they create a sense of urgency and can impact the market dynamics. Traders need to stay on top of these dates to make informed decisions and take advantage of potential opportunities in the market.
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• May 03, 2022 · 3 years ago
  Yes, there are specific expiration dates for oil futures in the cryptocurrency industry. For example, on BYDFi, a popular cryptocurrency exchange, oil futures contracts have expiration dates that are typically set on a monthly basis. These expiration dates are important for traders as they provide a timeline for when the contract will end and need to be settled. It's crucial for traders to be aware of these expiration dates and plan their trading strategies accordingly to avoid any unexpected consequences.
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