How to Open or Close Position in Hedge Mode

Binance
2020-04-06 07:37

In hedge mode, you can now buy long, buy short, sell short and sell long on the same contract at the same time. Opening and closing position under hedge mode is different from one side position mode. If you would like to open a position, you have to make sure that you have selected “Open” before placing any order. Select “Close” if you would like to close a position.

Step 1: Select the contract. Next, go to “Place Order”.

Step 2: Place order by selecting either “Open” or “Close”.