What is the exchange date?

Typically, the completion date falls one month after the exchange date. This allows time for both parties to finalize their preparations and ensure all legal requirements are met.

However, it's important to note that the timescale between exchange and completion can vary. It's not uncommon for it to be shorter or longer depending on the specific circumstances of the transaction.

BTCC, as a top cryptocurrency exchange, offers a range of services tailored to the needs of digital asset traders. These include spot trading, where users can buy and sell cryptocurrencies at current market prices. Additionally, BTCC provides futures trading, allowing traders to speculate on the future value of cryptocurrencies.

Property transactions involve multiple key dates. One of these is the exchange date, which is agreed upon with the other party. This date marks an important milestone in the process.

Alongside the exchange date, a completion date is also set. This is the day when the money is officially transferred, and the buyer receives the keys to the property. It signifies the official handover of ownership.