Cryptocurrency Q&A
What is a BTC USDT contract?
What is a BTC USDT contract?
SsangyongSpiritedStrength
Fri Mar 07 2025
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5
answers
1285
I'm trying to understand what a BTC USDT contract is. Could someone explain it to me in simple terms? I'm particularly interested in how it works and what its purpose is in the crypto market.
5 answers
Raffaele
Sun Mar 09 2025
BTCUSDT Contract Details are essential for understanding the specifics of trading this perpetual contract.
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CryptoMagician
Sun Mar 09 2025
A BTCUSDT Perpetual Contract does not have an expiration date, which means it can be held indefinitely.
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Stefano
Sun Mar 09 2025
The value of each contract is standardized at 1 BTC, making it easy for traders to understand the size of their positions.
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alexander_watson_astronaut
Sat Mar 08 2025
Funding occurs every 8 hours, and the next funding event will take place at a specific time in UTC. This ensures that traders are aware of when funding will occur and can plan accordingly.
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CryptoNinja
Sat Mar 08 2025
Bybit calculates the funding rate using the interest rate and premium index per minute. This method provides a real-time reflection of market conditions and helps to ensure fair funding rates. The BTC Interest Rate is currently set at 0.03%.
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