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== Why Expiration Dates Matter == Expiration dates are important because they determine when your contract will be settled. If you're trading [[crypto futures for beginners]], you need to be aware of the expiration date to avoid unexpected settlements. Hereβs why it matters: * **Price Volatility**: As the expiration date approaches, price volatility may increase. * **Liquidity**: Liquidity can dry up as the expiration date nears, making it harder to exit positions. * **Settlement Risk**: If you hold a contract until expiration, you may face settlement risk, especially if the contract involves physical delivery.
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