How to Trade BTC, ETH and SOL Futures Derivatives Contracts on Bybit

Crypto futures contracts are a type of derivatives product used to buy or sell a crypto asset at a predetermined price on a specified future date. The buyer of a futures contract is obligated to buy and receive the underlying asset at the moment the futures contract expires, while a futures contract’s seller is obligated to sell and deliver the underlying asset when the contract expires.

While Bybit offers various derivatives products, such as USDT and USDC perpetual futures, inverse futures and options, this article covers crypto futures contracts with expiration dates. Bybit offers weekly, bi-weekly, tri-weekly, monthly, bi-monthly, quarterly and bi-quarterly futures contracts for Bitcoin (BTC), Ether (ETH) and Solana (SOL). We’ll discuss the ins and outs of Bitcoin, Ether and Solana futures derivatives trading on Bybit, including the different types of contracts and their initial and maintenance requirements.

Key Takeaways:

• Crypto futures contracts are financial instruments that oblige the buyer to purchase the underlying cryptocurrency or digital asset at a predetermined future price and date.

• They can be used by traders to hedge the price movement of the underlying cryptocurrencies to help prevent losses due to unfavorable price changes.

• Crypto futures contracts allow traders to use leverage to speculate on the directions of cryptocurrency prices (either long or short).