Cryptocurrency Q&A How does a future exchange work?

How does a future exchange work?

ZenBalance ZenBalance Sat Nov 09 2024 | 6 answers 1441
I'm wondering about the mechanism of a future exchange. How does it operate? What are the steps and processes involved in a future exchange transaction? How does a future exchange work?

6 answers

FireflySoul FireflySoul Sun Nov 10 2024
Futures trading involves a commitment to take a position by a specified future date.

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AzurePulseStar AzurePulseStar Sun Nov 10 2024
Both parties have an obligation to fulfill their respective ends of the deal.

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Valentina Valentina Sun Nov 10 2024
This commitment can be either to buy or sell a particular underlying asset.

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Isabella Isabella Sun Nov 10 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.

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Michele Michele Sun Nov 10 2024
The price for this transaction is predetermined and fixed at the time the futures contract is entered.

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