How does the roll-over process work for traders in the cryptocurrency market?
Arik SabbanNov 28, 2021 · 3 years ago3 answers
Can you explain the roll-over process for traders in the cryptocurrency market? How does it work and what are the implications for traders?
3 answers
- Nov 28, 2021 · 3 years agoThe roll-over process in the cryptocurrency market refers to the practice of extending the expiration date of a futures contract by closing the existing contract and simultaneously opening a new one. This allows traders to maintain their position in the market without having to physically settle the contract. When a trader rolls over a futures contract, they essentially delay the settlement of the contract to a later date. This process is commonly used by traders who wish to maintain their exposure to a particular cryptocurrency or market without taking physical delivery of the asset. It is important to note that the roll-over process may involve additional costs, such as fees or spreads, which traders should consider when making their trading decisions. Overall, the roll-over process provides flexibility for traders in managing their positions and adapting to market conditions.
- Nov 28, 2021 · 3 years agoRolling over in the cryptocurrency market is like hitting the snooze button on your alarm clock. It allows traders to delay the settlement of a futures contract and keep their position open for a longer period. When a trader rolls over a contract, they close the existing position and open a new one with a later expiration date. This can be useful for traders who want to maintain their exposure to a specific cryptocurrency without actually owning it. However, it's important to note that rolling over a contract may come with additional costs, such as transaction fees. So, before hitting that snooze button, make sure to consider the potential implications and costs of rolling over.
- Nov 28, 2021 · 3 years agoWhen it comes to the roll-over process in the cryptocurrency market, BYDFi has got you covered. BYDFi offers a seamless roll-over experience for traders, allowing them to easily extend the expiration date of their futures contracts. Traders can simply close their existing contract and open a new one with a later expiration date, all within the BYDFi platform. This process ensures that traders can maintain their positions in the market without any hassle. So, if you're looking for a user-friendly and efficient roll-over process, BYDFi is the way to go!
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