Home web3.0 Is there a time limit for perpetual contracts? How long can the currency circle perpetual contract be purchased?

Is there a time limit for perpetual contracts? How long can the currency circle perpetual contract be purchased?

Aug 07, 2024 pm 04:37 PM
cryptocurrency currency circle trading platform

Perpetual contracts have no expiration date and traders can hold them indefinitely; most platforms allow indefinite holding of perpetual contracts, but some platforms set time limits (such as 12 months or 24 months) or leverage adjustments.

Is there a time limit for perpetual contracts? How long can the currency circle perpetual contract be purchased?

Time Limit on Perpetual Contracts

Perpetual contracts are cryptocurrency derivatives that have no expiration date and therefore no time limit. This means traders can hold perpetual contracts indefinitely until they liquidate or close their position.

How long you can buy the currency circle perpetual contract

How long you can buy the currency circle perpetual contract depends on the regulations of the trading platform. Most platforms allow traders to hold perpetual contracts indefinitely, but some platforms may set some limits, such as:

  • Time Limits: Some platforms may set limits on the holding time of perpetual contracts, such as 12 months or 24 months. After this time limit, traders need to close their positions or liquidate their contracts.
  • Leverage Limits: Some platforms may adjust a trader’s leverage based on the holding time of the contract. For example, a trader's leverage may be reduced for contracts held longer.

Traders are advised to carefully read the terms and conditions of their trading platform to understand any provisions regarding perpetual contract holding time limits.

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