Can BTC contract be closed at any time

1. Contracts can be understood as futures, magnifying the benefits and risks by several times. Hot money, celletf and okex can play.

2. The next week contract and the quarter contract will participate in the settlement. After the settlement, the profit and loss will be recalculated according to the settlement benchmark price. After the settlement, the profit part can be transferred out; If the user closes the position before settlement, all the margin and realized profit and loss required for opening the position after settlement can be transferred out of the virtual contract account.

3. By the time of delivery, the system will take the arithmetic mean value of BTC (LTC and other currencies) dollar index in the latest hour as the delivery price to close out all open contracts in the current week. The profit and loss after closing the position shall be added to the realized profit and loss.

4. 1. The definition of contract
futures contract is an agreement that the buyer agrees to receive an asset at a specific price after a specified period of time, and the Seller agrees to deliver an asset at a specific price after a specified period of time
the price that both parties agree to use in future trading is called futures price. The specified date on which both parties must conct transactions in the future is called the settlement date or the delivery date. The assets agreed to be exchanged by both parties are called "subject matter"
If an investor takes a position in the market by buying a futures contract (i.e. agreeing to buy on a future date), it is called long position or long in futures. On the contrary, if the position an investor takes is to sell a futures contract (i.e. bear the contract responsibility to sell in the future), he is said to be short or short on the futures<

2. The origin of contract
futures contract refers to the standardized contract formulated by the futures exchange to deliver a certain quantity and quality of goods at a specific time and place in the future. It is the object of futures trading. The participants of futures trading transfer the price risk and obtain the risk return by trading futures contracts in futures exchanges
futures contract is developed on the basis of spot contract and spot forward contract, but the most essential difference between them is the standardization of futures contract terms. In the futures market, the quantity, quality grade and delivery grade of the subject matter, the premium standard of substitutes, delivery place and delivery month of the futures contract are standardized, which makes the futures contract universal
in the futures contract, only the futures price is the only variable, so the open bidding is generated in the trading

3. Contract classification
digital currency contract can be divided into delivery contract and perpetual contract
(1) delivery contract: futures delivery refers to the process in which the trading parties settle the e open position contract by transferring the ownership of the commodity contained in the futures contract when the futures contract expires
(2) perpetual contract: it is a kind of derivative similar to leveraged spot transaction, and it is a digital currency contract proct settled in BTC, usdt and other currencies. Investors can buy long to get the income of the rising price of digital currency, or sell short to get the income of the falling price of digital currency
there are some differences between perpetual contracts and traditional futures: they have no expiration time, so there is no limit on the holding time. In order to keep track of the underlying price index, the perpetual contract ensures that its price closely follows the price of the underlying asset through the mechanism of capital cost.

5. The contract risk is very big, this thing fluctuates greatly, your mentality will be affected, had better not touch
the options are better, and they haven't burst
bitcoin options pushed by bitoffer< The difference between bitcoin spot and option is as follows:

1. For spot, it costs US $10000 to buy a bitcoin
2. For option, it costs US $5 at least to buy a bitcoin option

bitcoin rises from 10000 to US $10500
spot earns us $500, while option earns us $500
both have the same benefits, but the cost difference is 2000 times

6. Stop pulling
there is no bitcoin futures in China
What are you pulling people to play with
it's just a virtual disk

7. Hello, futures is a T + 0 trading system. Stock index futures can be closed at any time as long as it is in the trading period.

8. Generally, you can close your position at any trading time before maturity, but there are two cases where you can't close your position immediately: first, you may not be able to close your position on the daily limit board; second, you may not be able to close your position without transaction.

conclusion: if you don't make delivery, you'd better follow the main contract or sub main contract, When a contract has no transaction or less transactions, it is usually difficult to close the position or forced to close the position with a larger spread, resulting in expanding losses or recing profits

9. Yes, the delivery date stipulated in the contract is the date when the position must be closed. You can't hold your position after that date, but before the delivery date, you can buy and sell at will. You can close your position immediately even if you buy it for 3 minutes, without any restrictions.

10. If you can't close a position in an extreme market, you have to have a counter order. If you don't have a counter order, you can't close a position. For example, when the stock index futures limit rises, you can't close a position with an empty order