Cryptocurrency Q&A
What is BTC USDT contract?
What is BTC USDT contract?
Nicola
Thu Feb 27 2025
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I'm interested in understanding what a BTC USDT contract is. Could you please explain the concept, its function, and how it operates within the cryptocurrency market?
5 answers
BusanBeautyBloom
Sat Mar 01 2025
BTCUSDT Contract Details are crucial for understanding the trading dynamics of this cryptocurrency pair.
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Silvia
Fri Feb 28 2025
Bybit, a leading cryptocurrency exchange, uses a sophisticated method to calculate the funding rate. The exchange takes into account the interest rate and premium index per minute, ensuring that the funding rate is fair and transparent. The current BTC Interest Rate is set at 0.03%.
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CloudlitWonder
Fri Feb 28 2025
A BTCUSDT Perpetual Contract is a unique financial instrument that does not have an expiration date. This means that traders can hold their positions indefinitely, without the need to roll over their contracts.
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EchoSeeker
Fri Feb 28 2025
The value of each BTCUSDT contract is standardized at 1 BTC. This standardization allows for easy calculation of profits and losses, as well as margin requirements.
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KpopHarmonySoulMateRadiance
Fri Feb 28 2025
Funding is a crucial aspect of perpetual contracts, as it helps to balance the supply and demand for the contract. Funding occurs every 8 hours, and the exact time of the next funding is determined by UTC.
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