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What are the current futures contract specifications for Ripple?

avatarGhadiDec 17, 2021 · 3 years ago3 answers

Can you provide me with the detailed specifications of the current futures contracts for Ripple? I am interested in understanding the contract size, expiration dates, and any other important specifications related to Ripple futures trading.

What are the current futures contract specifications for Ripple?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! The current futures contract specifications for Ripple include a contract size of XRP 10,000, with expiration dates set on a quarterly basis. The contracts are cash-settled, meaning that the settlement is done in cash rather than the physical delivery of Ripple tokens. It's important to note that the contract specifications may vary between different exchanges offering Ripple futures trading.
  • avatarDec 17, 2021 · 3 years ago
    Hey there! When it comes to Ripple futures contract specifications, you'll find that the contract size is typically XRP 10,000. The expiration dates are usually set on a quarterly basis, giving traders enough time to plan their positions. Keep in mind that the settlement for these contracts is done in cash, so you won't actually receive Ripple tokens upon expiration. Remember to check with your preferred exchange for the most up-to-date specifications!
  • avatarDec 17, 2021 · 3 years ago
    Certainly! The current futures contract specifications for Ripple futures trading involve a contract size of XRP 10,000. These contracts have expiration dates that are set on a quarterly basis. It's worth mentioning that the settlement for these contracts is done in cash, which means you won't receive actual Ripple tokens upon expiration. If you're interested in trading Ripple futures, you can check out BYDFi, a popular exchange that offers a seamless trading experience.