What factors determine the strike price for XBTZ18 in BitMEX?
Joaquin MendozaMay 06, 2022 · 3 years ago1 answers
Can you explain the factors that influence the strike price for XBTZ18 in BitMEX? How does BitMEX determine the strike price for this particular contract?
1 answers
- May 06, 2022 · 3 years agoThe strike price for XBTZ18 in BitMEX is determined based on a combination of factors. BitMEX takes into account the current market price of XBTZ18, the volatility of the market, and the expiration date of the contract. Additionally, BitMEX considers the overall market sentiment and any relevant news or events that may impact the price of XBTZ18. The strike price is adjusted periodically to ensure that it accurately reflects the market conditions and provides a fair value for traders. It's worth noting that BitMEX's algorithm is designed to prevent manipulation and ensure a level playing field for all participants. If you're interested in trading XBTZ18 or have any other questions about BitMEX, feel free to reach out to their support team for more information.
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