What time will Deepcoin’s contract be delivered for the week?

Weekly contracts on Deepcoin typically have a delivery date every Friday, based on factors like market demand, trading volume, and regulatory considerations.

Nov 25, 2024 at 09:31 am

What Time Will Deepcoin's Contract Be Delivered for the Week?

Deepcoin, a leading cryptocurrency exchange, offers a variety of contract delivery times for its users. These delivery times vary depending on the specific contract type and market conditions. Below are the steps detailing the contract delivery process on Deepcoin :

1. Placing an Order:

• Users can place an order for a contract by specifying the contract type, quantity, and price.
• Contracts can be either bought or sold, depending on the user's trading strategy.
• Once an order is placed, it will be sent to the order book and matched with other orders.

2. Matching the Order:

• Orders are matched on a first-in, first-out (FIFO) basis.
• When two orders match, a trade is executed and the contracts are delivered to the respective parties.
• The execution price is determined by the price specified in the order and the prevailing market price.

3. Settlement:

• Once a trade is executed, the contracts are settled.
• Settlement involves the exchange of the underlying asset (e.g., cryptocurrency) for the contract value.
• The settlement price is determined based on the prevailing market price at the time of settlement.

4. Delivery:

• The delivery of contracts occurs on the specified delivery date.
• The delivery date is typically a few days after the trade execution date.
• On the delivery date, the party that sold the contract must deliver the underlying asset to the party that bought the contract.

Contract Delivery Times on Deepcoin:

1. Perpetual Contracts:

• Perpetual contracts do not have a fixed delivery date.
• They are traded continuously and settled in real-time.

2. Quarterly Contracts:

• Quarterly contracts have a delivery date that occurs every three months.
• The delivery dates for quarterly contracts are typically the last Friday of March, June, September, and December.

3. Monthly Contracts:

• Monthly contracts have a delivery date that occurs once a month.
• The delivery dates for monthly contracts are typically the last Friday of each month.

4. Weekly Contracts:

• Weekly contracts have a delivery date that occurs once a week.
• The delivery dates for weekly contracts are typically every Friday.

How are Contract Delivery Times Determined on Deepcoin:

• The delivery times for Deepcoin's contracts are determined based on several factors, including:

  • Market demand
  • Trading volume
  • Market volatility
  • Regulatory considerations

Impact of Market Conditions on Contract Delivery Times:

• Market conditions can impact the delivery times for Deepcoin's contracts.
• During periods of high volatility or low liquidity, the delivery times may be adjusted to ensure the smooth execution and settlement of contracts.