What is Bitcoin CME futures gap?

The Bitcoin CME gap, also called the “CME gap” for short, is the difference between the trading price of a Bitcoin futures contracts when the market opens on Sunday, and when it closes on Friday. Unlike cryptocurrencies, traditional assets do not trade 24/7 around the clock.

How do I buy CME futures?

Set up a futures trading account with a futures commission merchant (FCM). Talk to your FCM about which account type and memberships may be appropriate for you. Your FCM can execute your trades and provide clearing services for you. Alternatively, you can access CME Group markets directly via CME Direct.

Why do CME gaps get filled?

CME is Chicago Mercantile Exchange. A gap is a break in the graph of the trading prices of an asset, in this case Bitcoin. … Some traders believe that gaps will get “filled.” Meaning the asset will go back down, in this example, and “fill the gap.”

What does CME mean in trading?

www.cmegroup.com. Footnotes / references. CME Group Inc. (Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, The Commodity Exchange) is an American global markets company.

How do CME Bitcoin futures work?

CME’s Bitcoin futures contract, ticker symbol BTC, is a USD cash-settled contract based on the CME CF Bitcoin Reference Rate (BRR), which serves as a once-a-day reference rate of the U.S. dollar price of bitcoin. … The Bitcoin futures contract trades Sunday through Friday, from 5 p.m. to 4 p.m. Central Time (CT).

How do I get Bitcoins?

There are three primary ways to obtain bitcoins: buying on an exchange, accepting them for goods and services, and mining new ones. “Mining” is lingo for the discovery of new bitcoins—just like finding gold. In reality, it’s simply the verification of bitcoin transactions.

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