What is the symbol for crude oil futures in the cryptocurrency market?
Post SharmaDec 16, 2021 · 3 years ago3 answers
In the cryptocurrency market, what is the symbol used to represent crude oil futures?
3 answers
- Dec 16, 2021 · 3 years agoThe symbol for crude oil futures in the cryptocurrency market is usually represented as 'CL' followed by the month and year of the contract. For example, 'CL21' represents the crude oil futures contract for the year 2021. This symbol is commonly used by cryptocurrency exchanges that offer trading of crude oil futures.
- Dec 16, 2021 · 3 years agoWhen it comes to crude oil futures in the cryptocurrency market, the symbol used can vary depending on the exchange. However, a commonly used symbol is 'CL' followed by the month and year of the contract. It's important to check with the specific exchange you are trading on to confirm the symbol they use for crude oil futures.
- Dec 16, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, uses the symbol 'CL' followed by the month and year to represent crude oil futures. This symbol is widely recognized in the cryptocurrency market and is commonly used by traders and investors. However, it's worth noting that different exchanges may have different symbols for crude oil futures, so it's always a good idea to double-check with the exchange you are trading on.
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