Can the expiration date of the Bitcoin contract be issued on Sunday? Will the money be returned when it expires?

Detailed explanation of the expiration date of the Bitcoin contract: Can it be settled on Sunday?

The expiration date of the Bitcoin contract refers to the date when the contract terminates and enters the delivery (or settlement) procedure. Both parties to the transaction must settle according to the terms of the contract. The contract expiration date is determined by the investor and may fall on Sunday, but settlement is usually conducted every Friday at 16:00 (UTC 8), during which transactions are interrupted. So, the expiration date of the Bitcoin contract is Sunday, can it be settled on the same day? The answer depends on the rules of the trading platform.

Sunday expiration date settlement issue

Whether the expiration date of the Bitcoin contract is Sunday can be settled depends on the platform rules and the specific provisions of the contract. Although the Bitcoin market is trading around the clock, many fixed-term contracts (such as futures or options) settle the rules of the workday system.

If the expiration date is Sunday, most platforms will postpone the settlement time to the most recent working day (such as the next or previous trading day), and the settlement will not be carried out within the working day. Therefore, Sunday's expiration date is usually not settled on the same day, and the platform's delivery and settlement rules need to be referred to.

When holding an open contract (such as Bitcoin futures or options) on the expiration date, it must be settled according to the contract regulations. Futures may be settled in cash or delivered in kind, and options must be exercised or invalidated (for the buyer and the option is within the price).

Issues of funds returning after the contract expires

Whether the funds are returned after the Bitcoin contract expires depends on the contract type and trading rules. Standard contracts are usually delivered in kind or settled in cash. If the market price at maturity is favorable, the contract can be enforced to make a profit; if it is unfavorable, the difference is required or the loss is accepted.

When the standard contract expires, the platform settles according to the market price. Profitable funds are transferred to the account, and losses are required to make up for the funds or accept forced closing.

The perpetual contract has no fixed expiration date and can hold positions indefinitely unless the position is liquidated (the margin is insufficient to maintain the position) is forced to close and may lose money. There is no fixed expiration date for perpetual contracts, but sufficient margin must be maintained. If the margin is insufficient, the platform may require compensation or force closing of positions.

Risk control tips

When trading Bitcoin contracts, be sure to set reasonable stop loss and take-profit points to control positions, avoid excessive leverage, and reduce risks. You can go long or short according to market trends, and use leverage to amplify returns while paying attention to risk control. For perpetual contracts, it is crucial to maintain adequate margin.

The expiration date of the Bitcoin contract is the official end date of the contract. Unclosed positions will be settled according to the terms of the contract. Traders need to prepare in advance. Although the Bitcoin market is globalized and 24-hour trading is not affected by weekends or holidays, the specific trading rules still depend on the platform rules. Be sure to understand the platform rules before trading to ensure transaction security.

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