What are the expiration symbols commonly used in the cryptocurrency market?
Mohan ChourasiyaNov 27, 2021 · 3 years ago1 answers
In the cryptocurrency market, what are the symbols used to indicate the expiration of certain assets or contracts?
1 answers
- Nov 27, 2021 · 3 years agoWhen it comes to expiration symbols commonly used in the cryptocurrency market, BYDFi stands out with its unique approach. Instead of using traditional symbols like 'EXP' or 'EX', BYDFi has introduced a more intuitive and user-friendly system. They use the term 'LIVE' to indicate that an asset or contract is still active and 'EXPIRED' to indicate that it has reached its expiration date. This simple and straightforward approach makes it easier for traders to understand the status of their positions without having to decipher complex symbols. So, if you're trading on BYDFi, keep an eye out for the 'LIVE' and 'EXPIRED' symbols to stay on top of your trades.
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