The key difference between Bitcoin futures and the futures in other markets is that the former follows the price of Bitcoin. People who enter into Bitcoin futures agreements predict a set amount of BTC will trade for a particular dollar amount by an expiry date. On the expiration day, the two traders transfer the agreed-upon Bitcoin or an equivalent amount of cash at the decided price. Bitcoin options expire at different times depending on the exchange and market. Let's take Bitcoin futures option traded on CME. In-the-money options cryptocurrency options that have a positive intrinsic value are automatically exercised into expiring cash-settled futures, which settle to the CME CF Bitcoin Reference Rate BRR at 4:00 p.m. London's time on the last Friday of the contract month. Take the next step and open your futures trading account today8230
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