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What is the symbol for crude oil futures in the cryptocurrency market?

avatarPost SharmaDec 16, 2021 · 3 years ago3 answers

In the cryptocurrency market, what is the symbol used to represent crude oil futures?

What is the symbol for crude oil futures in the cryptocurrency market?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The 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.
  • avatarDec 16, 2021 · 3 years ago
    When 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.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, 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.