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== How Do Crypto Futures Expiration Dates Work? == When you enter a crypto futures contract, you agree to buy or sell a cryptocurrency at a specific price on a specific date (the expiration date). Here's how it works: 1. **Contract Creation**: A futures contract is created with a set expiration date. 2. **Trading Period**: Traders buy and sell the contract until the expiration date. 3. **Expiration**: On the expiration date, the contract is settled based on the final market price. For example, if you buy a Bitcoin futures contract expiring in December 2023, you agree to buy Bitcoin at a predetermined price on that date. If the market price is higher than your contract price at expiration, you profit. If it's lower, you incur a loss.
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