Could you please explain to me the specific hours during which
Bitcoin futures are traded? Are there specific marketplaces or exchanges where these trades take place, and do the trading hours vary depending on the location or time zone? Is there a standard trading day for bitcoin futures, similar to the stock market's opening and closing times? Lastly, are there any special considerations or limitations to keep in mind when engaging in bitcoin futures trading, such as the potential for increased volatility or specific risk factors?
6 answers
Stefano
Wed Oct 02 2024
Bitcoin futures trading represents a significant development in the cryptocurrency market, allowing traders to capitalize on the price movements of Bitcoin.
Stefano
Wed Oct 02 2024
The smallest increment in the contract's value, known as a tick, results in a $25 profit or loss for each contract held by a trader.
MysticChaser
Wed Oct 02 2024
This mechanism incentivizes traders to actively monitor and manage their positions, as even minor fluctuations can have a significant impact on their bottom line.
JejuSunshineSoul
Wed Oct 02 2024
The Bitcoin futures contracts will be traded on CME Globex and CME ClearPort, two leading electronic trading platforms, ensuring accessibility and efficiency for traders.
SakuraSmile
Tue Oct 01 2024
Trading hours for
Bitcoin futures will span from 5 p.m. to 4 p.m. CT, Sunday through Friday, reflecting the extended trading sessions common among electronically traded futures contracts.