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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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