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What Is “Delivery” in the Context of a Physically-Settled Crypto Futures Contract?

Delivery in a physically-settled crypto futures contract means the actual transfer of the underlying cryptocurrency, such as Bitcoin or Ether, from the seller's account to the buyer's account. This typically happens on the exchange's platform, where the exchange acts as an intermediary to facilitate the on-chain or off-chain transfer of the digital assets at the contract's expiration.

The buyer gains full ownership and custody of the coins.

What Is the Primary Difference between Cash-Settled and Physically-Settled Futures?
How Does a Cash-Settled Futures Contract Differ from a Physically-Settled One in This Context?
How Does the Margin Requirement Differ for Physically-Settled versus Cash-Settled Futures?
What Is the Concept of “Delivery Risk” in a Physically Settled Derivatives Contract?