How does auto rollover work in the context of cryptocurrency trading?

3 answers

• Dec 17, 2021 · 3 years ago
  Auto rollover in cryptocurrency trading refers to the automatic renewal of a futures contract or a perpetual swap contract at the end of its expiration date. It allows traders to maintain their positions without manually closing and reopening them. When a contract reaches its expiration date, the exchange automatically rolls over the position to a new contract with a similar expiration date. This process ensures that traders can continue their positions seamlessly without any disruption in their trading strategies.
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• Dec 17, 2021 · 3 years ago
  Auto rollover is a convenient feature in cryptocurrency trading that saves traders the hassle of manually managing their positions. Instead of having to monitor contract expiration dates and manually renewing them, the exchange takes care of it automatically. This feature is particularly useful for traders who want to maintain long-term positions without the need for constant monitoring. It allows traders to focus on other aspects of their trading strategies while ensuring that their positions remain open.
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• Dec 17, 2021 · 3 years ago
  With BYDFi, auto rollover works in a similar way. When a futures contract or a perpetual swap contract reaches its expiration date, BYDFi automatically rolls over the position to a new contract with a similar expiration date. This feature is designed to provide a seamless trading experience for users, allowing them to maintain their positions without any interruption. Traders can take advantage of auto rollover to stay in the market and continue their trading strategies without the need for manual intervention.
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