Can it be delivered 21 hours before the expiration of the Bitcoin delivery contract? Why?

Bitcoin contract trading is increasingly favored by investors, but the delivery mechanism before the contract expires often raises questions. This article will answer the question of whether the Bitcoin contract can be delivered 21 hours before its expiration.

Is it possible to deliver 21 hours before the expiration of the Bitcoin contract?

The answer is usually no. Most trading platforms have strict regulations on contract delivery time, which is usually set as a fixed time window and early delivery is not allowed. 21 hours before the contract expires, traders can conduct normal trading operations (opening positions and closing positions), but they cannot trigger the delivery process in advance.

Bitcoin contracts are divided into two types: delivery contracts and perpetual contracts. The delivery contract has a clear expiration date, and the position must be closed or delivered before expiration; the perpetual contract has no expiration date, and investors can hold it for a long time. Investors who choose to deliver contracts must pay attention to the expiration time to avoid forced closing or losses due to open positions.

Why is it undeliverable 21 hours before the expiration of the Bitcoin contract?

The main reason is the exchange's rule restrictions. To ensure the stability and fairness of transactions, exchanges usually set a fixed delivery time (such as a specific time every Friday). Outside this time window, the system does not allow delivery operations. For a long time before expiration (such as 21 hours), the contract is still in active trading, allowing opening and closing positions, but early delivery cannot be made. Some platforms even allow only closing positions within the last few minutes before delivery, prohibiting opening positions and active delivery to cope with the risks brought by market fluctuations.

It should be noted that the specific rules of different platforms may vary slightly. Investors are advised to carefully read the contract trading rules and delivery instructions of the platforms used.

The best way to avoid delivery risks is to close the position before the contract expires, thus ending the transaction. Contract delivery usually refers to cash or physical settlement in accordance with the contract on the expiration date, and can only be carried out within the time specified by the exchange.

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