When will BitFlyer weekly contract be delivered

Weekly contracts from BitFlyer are delivered on the Friday following the contract's expiration date, typically at 12:00 UTC.

Nov 09, 2024 at 09:49 pm

When will BitFlyer weekly contract be delivered?

BitFlyer, one of the largest cryptocurrency exchanges in Japan, offers a variety of trading options, including weekly contracts. These contracts allow traders to speculate on the future price of Bitcoin without having to own the underlying asset.

Weekly contracts on BitFlyer expire every Friday at 12:00 UTC. The delivery date for a weekly contract is the Friday following the expiration date. For example, a weekly contract that expires on Friday, October 28th, 2022, will be delivered on Friday, November 4th, 2022.

Here are the steps on how to trade BitFlyer weekly contracts:

1. Open an account with BitFlyer. You can do this by visiting the BitFlyer website and clicking on the "Sign Up" button.
2. Fund your account. You can fund your account with Japanese yen, Bitcoin, or Ethereum.
3. Navigate to the "Contracts" tab. This tab is located at the top of the BitFlyer website.
4. Select the "Weekly" contract. This contract is located in the "Contracts" section of the website.
5. Enter the contract details. You will need to specify the contract size, the expiration date, and the leverage you wish to use.
6. Click on the "Buy" or "Sell" button. This will place your order on the BitFlyer order book.
7. Monitor your position. You can monitor your position by clicking on the "Positions" tab at the top of the BitFlyer website.

Please note that trading weekly contracts involves a high level of risk. You should only trade with capital that you can afford to lose.