-
Bitcoin $108,489.6704
1.13% - Ethereum
$2,502.0528
2.92% - Tether USDt
$1.0002
0.00% - XRP
$2.1941
0.51% - BNB
$655.3375
1.00% - Solana
$151.5977
1.27% - USDC
$0.9999
0.00% - TRON
$0.2768
0.32% - Dogecoin
$0.1676
2.86% - Cardano
$0.5675
0.98% - Hyperliquid
$40.6109
7.48% - Bitcoin Cash
$500.7746
2.09% - Sui
$2.8328
2.03% - Chainlink
$13.4452
1.26% - UNUS SED LEO
$9.1623
0.39% - Avalanche
$18.2267
2.24% - Stellar
$0.2382
0.00% - Toncoin
$2.8885
1.68% - Shiba Inu
$0.0...01159
0.91% - Litecoin
$87.1827
0.88% - Hedera
$0.1511
2.90% - Monero
$315.4992
-0.59% - Polkadot
$3.4663
2.34% - Bitget Token
$4.6118
-0.65% - Dai
$1.0000
-0.01% - Ethena USDe
$1.0003
0.02% - Uniswap
$7.2989
4.69% - Pepe
$0.0...01003
5.73% - Aave
$275.5616
7.15% - Pi
$0.5181
-2.49%
How to close a contract with BitFlyer
Closing a futures contract on BitFlyer can be done through cancellation before fulfillment or by selling/buying a contract in your account.
Nov 22, 2024 at 09:49 pm
How to Close a Contract with BitFlyer
BitFlyer is a popular cryptocurrency exchange that offers a variety of trading options, including futures contracts. Futures contracts allow traders to speculate on the future price of a cryptocurrency by buying or selling a contract to deliver a certain amount of the cryptocurrency at a set price on a specified date.
If you have an open futures contract on BitFlyer, you may want to close it before the contract expires. There are several ways to close a futures contract, depending on your trading strategy and the current market conditions.
Canceling an Open Contract Before it is Filled
- Log in to your BitFlyer account.
- Click on the "Futures" tab.
- Select the contract you want to cancel.
- Click on the "Cancel" button.
Selling a Contract to Close a Short Position or Buying a Contract to Close a Long Position
- Log in to your BitFlyer account.
- Click on the "Futures" tab.
- Select the contract you want to close.
- Click on the "Sell" or "Buy" button, depending on the type of position you have open.
- Enter the number of contracts you want to close.
- Click on the "Place Order" button.
Waiting for the Contract to Expire
If you do not close your futures contract before it expires, it will be automatically settled at the settlement price. The settlement price is the average price of the underlying cryptocurrency over the last 24 hours.
If you have a short position, you will be required to deliver the amount of cryptocurrency specified in the contract to the buyer at the settlement price. If you have a long position, you will receive the amount of cryptocurrency specified in the contract from the seller at the settlement price.
Additional Considerations
- When you close a futures contract, you will be charged a trading fee. The trading fee is a percentage of the contract value.
- If you close a futures contract before it expires, you may not receive the full value of the contract. This is because the price of the underlying cryptocurrency may have changed since you opened the contract.
- If you wait for the futures contract to expire, you will be required to deliver or receive the amount of cryptocurrency specified in the contract. This can be a risky proposition, as the price of the underlying cryptocurrency may fluctuate significantly.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Unlock Crypto Riches: Mining Platforms & Starter Bonuses - Your Gateway to Digital Gold!
- 2025-06-30 22:30:11
- Dogecoin, Cloud Mining, and Risk Alerts: Navigating the Meme Minefield
- 2025-06-30 22:30:11
- XRPL EVM Sidechain Mainnet: Smart Contracts Unleashed!
- 2025-06-30 22:35:12
- Emmerdale's Dog Attack Storyline: A Bite of Reality
- 2025-06-30 22:40:11
- Retail Investors, Degen Labs, and ICOs: A New Era of Meme Coin Mania?
- 2025-06-30 22:45:12
- Rekt, Ovie Faruq, and the Movement: How a Crypto Meme Became a Consumer Brand
- 2025-06-30 21:10:14
Related knowledge
How to use the price slope to filter the false breakthrough signal of the contract?
Jun 20,2025 at 06:56pm
Understanding the Concept of Price Slope in Contract TradingIn contract trading, especially within cryptocurrency derivatives markets, price slope refers to the rate at which the price changes over a specific time period. It helps traders assess the strength and sustainability of a trend. A steep slope may indicate strong momentum, while a shallow slope...
How to determine the expected volatility of the contract through the volatility cone?
Jun 19,2025 at 12:28pm
Understanding the Basics of Volatility in Cryptocurrency ContractsIn the realm of cryptocurrency trading, volatility is a key metric that traders use to assess potential risk and reward. When dealing with futures contracts, understanding how volatile an asset might become over time is crucial for position sizing, risk management, and strategy developmen...
How to formulate a contract intraday trading plan in combination with the pivot point system?
Jun 21,2025 at 03:42pm
Understanding the Basics of Pivot Points in Cryptocurrency TradingPivot points are technical analysis tools used by traders to identify potential support and resistance levels. These levels are calculated using the previous day's high, low, and closing prices. In the context of cryptocurrency trading, where markets operate 24/7, pivot points help trader...
How to adjust the contract position ratio through the price fluctuation entropy?
Jun 22,2025 at 11:42am
Understanding Price Fluctuation Entropy in Cryptocurrency ContractsIn the world of cryptocurrency futures trading, price fluctuation entropy is a relatively new concept used to measure market volatility and uncertainty. It derives from information theory, where entropy refers to the degree of randomness or unpredictability in a system. In crypto contrac...
How to use the volume swing indicator to predict the contract volume-price divergence?
Jun 18,2025 at 11:42pm
Understanding the Volume Swing IndicatorThe volume swing indicator is a technical analysis tool used primarily in cryptocurrency trading to evaluate changes in volume over time. Unlike price-based indicators, this metric focuses solely on trading volume, which can provide early signals about potential market reversals or continuations. The key idea behi...
How to use the Gaussian channel to set the contract trend tracking stop loss?
Jun 18,2025 at 09:21pm
Understanding the Gaussian Channel in Cryptocurrency TradingThe Gaussian channel is a technical indicator used primarily in financial markets, including cryptocurrency trading, to identify trends and potential reversal points. It is based on statistical principles derived from the normal distribution, commonly known as the Gaussian distribution or bell ...
How to use the price slope to filter the false breakthrough signal of the contract?
Jun 20,2025 at 06:56pm
Understanding the Concept of Price Slope in Contract TradingIn contract trading, especially within cryptocurrency derivatives markets, price slope refers to the rate at which the price changes over a specific time period. It helps traders assess the strength and sustainability of a trend. A steep slope may indicate strong momentum, while a shallow slope...
How to determine the expected volatility of the contract through the volatility cone?
Jun 19,2025 at 12:28pm
Understanding the Basics of Volatility in Cryptocurrency ContractsIn the realm of cryptocurrency trading, volatility is a key metric that traders use to assess potential risk and reward. When dealing with futures contracts, understanding how volatile an asset might become over time is crucial for position sizing, risk management, and strategy developmen...
How to formulate a contract intraday trading plan in combination with the pivot point system?
Jun 21,2025 at 03:42pm
Understanding the Basics of Pivot Points in Cryptocurrency TradingPivot points are technical analysis tools used by traders to identify potential support and resistance levels. These levels are calculated using the previous day's high, low, and closing prices. In the context of cryptocurrency trading, where markets operate 24/7, pivot points help trader...
How to adjust the contract position ratio through the price fluctuation entropy?
Jun 22,2025 at 11:42am
Understanding Price Fluctuation Entropy in Cryptocurrency ContractsIn the world of cryptocurrency futures trading, price fluctuation entropy is a relatively new concept used to measure market volatility and uncertainty. It derives from information theory, where entropy refers to the degree of randomness or unpredictability in a system. In crypto contrac...
How to use the volume swing indicator to predict the contract volume-price divergence?
Jun 18,2025 at 11:42pm
Understanding the Volume Swing IndicatorThe volume swing indicator is a technical analysis tool used primarily in cryptocurrency trading to evaluate changes in volume over time. Unlike price-based indicators, this metric focuses solely on trading volume, which can provide early signals about potential market reversals or continuations. The key idea behi...
How to use the Gaussian channel to set the contract trend tracking stop loss?
Jun 18,2025 at 09:21pm
Understanding the Gaussian Channel in Cryptocurrency TradingThe Gaussian channel is a technical indicator used primarily in financial markets, including cryptocurrency trading, to identify trends and potential reversal points. It is based on statistical principles derived from the normal distribution, commonly known as the Gaussian distribution or bell ...
See all articles
