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What time does Binance contract settle

Binance futures contracts typically settle at 8:00 AM UTC on the contract's last trading day, while options contracts settle at 8:00 AM UTC on their expiration date.

Nov 11, 2024 at 11:50 am

What Time Does Binance Contract Settle?

Binance contract settlement times vary depending on the type of contract being traded. Here's a detailed breakdown of the settlement times for different Binance contracts:

1. Futures Contracts

Binance futures contracts settle on the last trading day of the contract's life. The settlement time is typically 8:00 AM UTC. However, the settlement time may vary for certain contracts. For example, the settlement time for quarterly futures contracts is the last Friday of the quarter at 8:00 AM UTC.

Steps to Find Futures Contract Settlement Time:

  • Go to Binance Futures (www.binance.com/futures)
  • Select the contract you want to trade.
  • Click on the "Contract Details" tab.
  • Scroll down to the "Settlement" section.
  • The settlement time will be displayed in the "Settlement Time" field.

2. Options Contracts

Binance options contracts settle on the expiration date of the contract. The settlement time is typically 8:00 AM UTC. However, the settlement time may vary for certain contracts. For example, the settlement time for weekly options contracts is the Friday of the expiration week at 8:00 AM UTC.

Steps to Find Options Contract Settlement Time:

  • Go to Binance Options (www.binance.com/en/options)
  • Select the contract you want to trade.
  • Click on the "Contract Details" tab.
  • Scroll down to the "Settlement" section.
  • The settlement time will be displayed in the "Settlement Time" field.

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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!

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