In the digital currency trading market, time is often a crucial factor. The delivery time of OKEX Bitcoin contracts is one of the focuses of investors. Understanding the delivery time is crucial for formulating trading strategies and avoiding risks. This article will explore the delivery time of OKEX Bitcoin contracts in depth, reveal the secrets, and help you to be at ease in trading.

From the perspective of traders, the delivery time of OKEX Bitcoin contracts is a crucial factor. In the fluctuations of the digital currency market, the success or failure of investment is always determined. As a well-known digital currency trading platform, the delivery time of OKEX Bitcoin contracts has always attracted much attention. So, what is the delivery time of OKEX Bitcoin contracts? Next, we will analyze this issue in depth from multiple angles.

First of all, the delivery time of OKEX Bitcoin contracts is closely related to its trading rules and mechanisms. According to the information officially released by OKEX, the delivery time of Bitcoin contracts is usually 10:00 Beijing time on the day of the contract expiration. This means that before 10 am on the day of expiration, traders need to make delivery operations on the contracts they hold. The setting of this time node is intended to ensure the smooth progress of transactions while providing traders with clear operating guidelines.

Secondly, understanding the delivery time of OKEX Bitcoin contracts is crucial for traders to formulate trading strategies. In the high-speed fluctuations of the digital currency market, grasping the delivery time can help traders adjust their positions in time and avoid risks. For example, if the delivery time is approaching and the market conditions are unclear, traders can consider closing positions or adjusting positions in advance to avoid risks when the contract expires. Therefore, for investors, understanding and mastering the delivery time of OKEX Bitcoin contracts is a key step to improve trading efficiency and profitability.

In addition, the delivery time of OKEX Bitcoin contracts is also closely related to the liquidity and transaction costs of the market. When the delivery time is approaching, the market may experience insufficient liquidity, resulting in an increase in transaction costs. Therefore, traders need to prepare in advance and plan their trading strategies reasonably to avoid additional cost losses caused by delivery time. At the same time, timely understanding of market dynamics and grasping trading opportunities are also the key points that traders need to pay attention to before and after the delivery time.

In general, the delivery time of OKEX Bitcoin contracts is a crucial link in digital currency trading. Understanding the delivery time can help traders avoid risks, improve trading efficiency, and maximize investment returns. In the tide of the digital currency market, time cannot be ignored, because time determines the success or failure of investment. I hope that the discussion in this article can provide you with some reference and help in your OKEX Bitcoin contract trading. I wish you a smooth investment and a fruitful harvest!

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What is the delivery time of Bitcoin contracts? How to learn to buy Bitcoin is introduced to you by the editor of Coin Circle. Today, we don’t want to gossip too much about a series of events on OKEX. Let’s talk seriously about futures contracts. I hope everyone can look at futures rationally and play contracts with caution. 

(1) Futures contracts

According to the definition of the financial market: Futures contracts are the objects or subject matter of futures transactions. They are uniformly formulated by futures exchanges and stipulate standardized contracts for the delivery of a certain quantity and quality of goods at a specific time and place. Futures prices are reached through public bidding. 

Futures contracts of digital currencies:

01 Each contract represents a certain amount of currency. For example, each Bitcoin contract on OKEX represents $100 of BTC, and each Litecoin contract represents $10 of Litecoin. 

02 There are two types of contracts: long contracts and short contracts. 

03 Each contract has a delivery date. For example, OKEX provides three delivery date contracts: 4 pm this Friday, 4 pm next Friday, and 4 pm on the Friday at the end of the quarter. 

Investors use digital currency futures contracts to lock in costs and returns for their spot market assets such as Bitcoin and Ethereum in order to hedge price risks.

The contract has three features:

01 Margin trading, providing multiple leverages (foreign trading platforms such as BitMEX have multiple multiples to choose from, while OKEx only provides 10 or 20 times);

02 Multiple periods, divided into weekly, biweekly, and quarterly;

03 Provide a short-selling mechanism, so that even if the currency price falls, you can still get hedging returns;

Contract profit/loss:

Regarding the profit of the contract, due to the existence of leverage, investors may get huge profits if they make the right decision, or they may lose all their principal if they make the wrong decision, which is a huge risk!

(2) How to operate the contract

Currently, each Bitcoin is around 6,700 USD. For the convenience of calculation, we now take 7,000 USD/BTC.

Assume that Da Mao holds 10 BTC, with a current value of 70,000 USD. Now Da Mao wants to keep the 70,000 USD (only to preserve value, not to increase leverage). After analysis, it is determined that the market may continue to fall next week (purely hypothetical). Now I want to use contracts to hedge the potential market risks and use these 10 BTC to open short orders for next week.

The market continues to fall next week. Assume that the position is closed when it reaches 6,000 USD/BTC.

The loss of assets in the spot market: (7,000-6,000)10 = 10,000 USD.

The profit of BTC in the contract market: (100/6,000-100/7,000)700 1.67 BTC.

If Da Mao's 10 BTC are left in the spot market, I will lose 10,000 USD. But with the help of the contract, Da Mao now has 11.67 BTC, 11.676000
70,000 USD (ignoring the handling fee).

If the price rises next month, Da Mao will close the position at 8000 USD/BTC.

Spot market profit: (8000-7000)10=10,000 USD.

Contract market loss: (100/8000-100/7000)700=1.25 BTC.

Although Da Mao's 10 BTC will increase in value by 10,000 USD if it is left in the spot market. But the original purpose of my contract was to prevent the shrinkage of wealth caused by the market decline, so it doesn't matter even if I didn't make the 10,000 USD in the end.

Now I have 10-1.25=8.75 BTC, worth 8.758000=70,000 USD. It can be seen that by using contracts, Da Mao hedged the risks brought by market changes and achieved asset preservation.

The correct posture of contracts

In the above assumptions, Da Mao introduced how contracts hedge risks and preserve wealth.

But now many people who play contracts are not just for wealth preservation like Da Mao, but more people are actually speculating and gambling. At present, there are 10x and 20x leverage on OKEX. Once such a high leverage is added, if the position is blown up, it will cause serious asset losses, and also cause an imbalance in mentality and make inappropriate actions.

Suppose Da Mao took out all his wealth and opened a long order of Bitcoin yesterday. If he encountered such an extreme market this morning, no one would stop me. I might write this article on the rooftop and say goodbye to everyone.

However, it is impossible to go to the rooftop. It is impossible to go to the rooftop in this life.

The correct posture of playing contracts is to hedge the risks brought by market price fluctuations. Contracts should not be the subject of our speculation or a small bet for big gains.

Haven’t you seen that countless people have lost their families, been separated from their wives and children, and ended up on the roof because of leverage? Please cherish your life and stay away from leverage.