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What are the futures contract specifications for digital currencies?

avatarKendry OvalleDec 17, 2021 · 3 years ago3 answers

Can you provide detailed information on the specifications of futures contracts for digital currencies? I would like to know the contract size, tick size, expiration date, and any other relevant details.

What are the futures contract specifications for digital currencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! Futures contracts for digital currencies typically have a contract size that represents the quantity of the underlying digital currency being traded. The tick size refers to the minimum price movement of the contract. As for the expiration date, it represents the date on which the contract expires and settlement occurs. These specifications may vary depending on the specific exchange and digital currency being traded. It's important to check with the exchange or refer to the contract specifications provided by the exchange for accurate and up-to-date information.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to futures contracts for digital currencies, the contract size can vary depending on the exchange and the specific digital currency. The tick size is the minimum price increment at which the contract can move. Expiration dates are set for each contract, and settlement occurs on the expiration date. It's always a good idea to check the contract specifications provided by the exchange you're trading on to ensure you have the most accurate and up-to-date information.
  • avatarDec 17, 2021 · 3 years ago
    Futures contract specifications for digital currencies can vary between different exchanges. For example, on BYDFi, the contract size for Bitcoin futures is 1 BTC, with a tick size of $0.01. The expiration date for these contracts is typically the last Friday of the contract month. However, it's important to note that these specifications can change, so it's always a good idea to refer to the official exchange documentation for the most accurate and up-to-date information.