Cryptocurrency Q&A What is move contract in crypto?

What is move contract in crypto?

GeishaCharm GeishaCharm Mon Nov 04 2024 | 5 answers 1125
I'm interested in understanding the concept of a move contract in the cryptocurrency domain. Could someone explain what it is and how it functions within the crypto ecosystem? What is move contract in crypto?

5 answers

KDramaLegendaryStarlightFestival KDramaLegendaryStarlightFestival Wed Nov 06 2024
The ticker for the Delta daily MOVE contract follows a specific format.

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Alessandra Alessandra Wed Nov 06 2024
The format is MV-[Underlying_Asset]-D-[Settlement Date], where "MV" stands for MOVE contract.

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SarahWilliams SarahWilliams Wed Nov 06 2024
The "Underlying_Asset" is replaced with the symbol of the asset being tracked, and the "Settlement Date" is in the ddmmyy format.

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SejongWisdomKeeperElite SejongWisdomKeeperElite Wed Nov 06 2024
Daily MOVE contracts are designed to track the movement of an underlying asset over a 24-hour period.

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HanRiverVisionaryWaveWatcher HanRiverVisionaryWaveWatcher Wed Nov 06 2024
These contracts provide investors with a way to speculate on the volatility of an asset without actually owning it.

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