These contracts always take place on a date after the date that the spot contract settles and are used to protect the buyer from fluctuations in currency prices. (investopedia.com)
The fiat currency price of a hotel room is converted into bitcoin at the moment of booking and the respective sum in bitcoin is transferred at the moment of executing the payment. (coinfox.info)
And that, together with the euro's mixed performance for the week, heavily imply that the euro was vulnerable to opposing currency price action. (babypips.com)