common-close-0
BYDFi
Trade wherever you are!

What is the basis calendar in the context of cryptocurrencies?

avatarAeldioDec 17, 2021 · 3 years ago3 answers

Can you explain what the basis calendar means in the context of cryptocurrencies? How does it affect trading and investment decisions?

What is the basis calendar in the context of cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The basis calendar in the context of cryptocurrencies refers to a specific calendar used to determine the expiration and settlement dates of futures contracts. It is different from the regular calendar we use in our daily lives. The basis calendar takes into account factors such as weekends, holidays, and other market-specific considerations. Understanding the basis calendar is crucial for traders and investors as it helps them plan their trading strategies and make informed decisions based on the expiration and settlement dates of futures contracts.
  • avatarDec 17, 2021 · 3 years ago
    The basis calendar in the world of cryptocurrencies is like a secret code that only traders and investors understand. It's a calendar that determines when futures contracts expire and settle. It may sound complicated, but it's actually quite simple once you get the hang of it. Just think of it as a special calendar that follows its own rules, taking into account weekends, holidays, and other factors that can affect the expiration and settlement dates of futures contracts. So, if you want to be a successful trader or investor in the crypto market, make sure you understand the basis calendar and how it can impact your trading decisions.
  • avatarDec 17, 2021 · 3 years ago
    The basis calendar is an important concept in the world of cryptocurrencies. It refers to a specific calendar used to determine the expiration and settlement dates of futures contracts. Different exchanges may have slightly different basis calendars, so it's important to be aware of the specific calendar used by the exchange you are trading on. For example, BYDFi, a popular cryptocurrency exchange, follows a basis calendar that takes into account weekends and holidays. Understanding the basis calendar is crucial for traders as it helps them plan their trading strategies and avoid any surprises when it comes to the expiration and settlement dates of their futures contracts.