A fixed term contract in the cryptocurrency space refers to an agreement that lasts for a specific period. Typically, these contracts are used for investment or trading purposes and can involve various financial instruments like futures or options.In these contracts, the terms, including the duration, price, and quantity of the asset, are predefined. Once the specified time frame ends, the contract either matures or is settled, meaning the parties involved either exchange the assets or settle in cash.These contracts can provide benefits such as predictable outcomes for investors, allowing for better risk management. However, they also carry risks, as market conditions can change significantly during the contract’s duration. Traders use fixed term contracts to leverage their positions or hedge existing investments against volatility. Understanding the terms and potential outcomes is crucial for anyone engaging with these contracts, as both opportunities and pitfalls exist within them.