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What is the time limit for holding a position on Bybit?

avatarHilda MaloneDec 15, 2021 · 3 years ago3 answers

Can you please explain the time limit for holding a position on Bybit? How long can I hold a position before it is automatically closed?

What is the time limit for holding a position on Bybit?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    The time limit for holding a position on Bybit depends on the type of contract you are trading. For perpetual contracts, there is no specific time limit, and you can hold your position for as long as you want. However, it's important to note that there are funding fees that are charged every 8 hours for holding a position overnight. So, if you plan to hold a position for a long time, make sure to consider these fees in your trading strategy.
  • avatarDec 15, 2021 · 3 years ago
    When it comes to futures contracts on Bybit, there are specific expiration dates for each contract. These expiration dates vary depending on the contract you are trading. Before the expiration date, you have the option to close your position manually or let it expire. If you choose to let it expire, Bybit will automatically close your position at the expiration date and settle the contract.
  • avatarDec 15, 2021 · 3 years ago
    Bybit is a popular cryptocurrency exchange known for its user-friendly interface and advanced trading features. It offers a wide range of trading options, including perpetual contracts and futures contracts. The time limit for holding a position on Bybit depends on the type of contract you are trading, so make sure to familiarize yourself with the specific rules and expiration dates for each contract. Happy trading!