Binance Futures Launched Hedge Mode Enabling Users to Hold Opposing Positions on the Same Contracts
Binance, the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, today launched Hedge Mode on the Binance Futures trading platform, allowing traders to hold opposing positions on the same contracts simultaneously.
Starting today, traders can go long and short on the same contracts at the same time by enabling the Hedge Mode. Thus, traders can maintain long-term positions while participating in short-term movements. Hedge Mode is live on the web (old version not supported), with app support available at a later date.
In January, Binance Futures also launched Isolated Margin mode, enabling precise margin control for an open position. Liquidating one open position will not impact the other open positions. By turning on the Hedge Mode and the Isolated Margin mode, traders can determine the amount of margin for a long or short position, taking advantage of market movements in either way while having better risk management.
Since its launch, Binance Futures has been listening to the community and continuing to roll out new features, list new trading pairs and launch massive campaigns to provide traders with the best protection and trading opportunities.
Binance Futures will host a team-based trading tournament from April 10th 0:00:00 AM (UTC) to 25th 0:00:00 AM (UTC) with a prize pool that grows up to USD 1,000,000 worth of BNB tokens.