How long can I hold a position on Bybit before it is automatically closed?
13martin39Nov 25, 2021 · 3 years ago3 answers
I would like to know the maximum duration that I can hold a position on Bybit before it is automatically closed. Can you provide me with this information?
3 answers
- Nov 25, 2021 · 3 years agoSure! On Bybit, the maximum duration that you can hold a position before it is automatically closed depends on the type of contract you are trading. For perpetual contracts, there is no time limit, so you can hold your position for as long as you want. However, for futures contracts, there is a specific expiry date, and your position will be automatically closed at that time. It's important to keep track of the expiry date to avoid any unexpected closures.
- Nov 25, 2021 · 3 years agoGood question! When it comes to holding positions on Bybit, it's important to understand the difference between perpetual contracts and futures contracts. Perpetual contracts have no expiry date, so you can hold your position indefinitely. On the other hand, futures contracts have a fixed expiry date, and your position will be automatically closed at that time. Make sure to check the contract specifications and expiry dates before entering a trade.
- Nov 25, 2021 · 3 years agoBybit, a popular cryptocurrency exchange, allows users to hold positions for different durations depending on the type of contract. For perpetual contracts, there is no automatic closure, meaning you can hold your position for as long as you want. However, for futures contracts, there is a specific expiry date, and your position will be automatically closed at that time. It's important to note that this information is specific to Bybit, and other exchanges may have different rules regarding position holding and automatic closure.
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