Futures trading tip: One-way and Hedge Mode
In Hedge Mode, holding long and short positions of the same size at the same time means that gains and losses from price movements largely offset each other, but you still have to pay trading fees.
On Binance USDⓈ-M Futures, the position mode applies to all USDⓈ-M trading pairs. You can’t switch modes while you have open positions or orders.
Coin mentioned above: $BTC . Current price: 83024, 24h: +0.44%.
#BTC
I may not be right, so don’t follow this blindly.
In Hedge Mode, holding long and short positions of the same size at the same time means that gains and losses from price movements largely offset each other, but you still have to pay trading fees.
On Binance USDⓈ-M Futures, the position mode applies to all USDⓈ-M trading pairs. You can’t switch modes while you have open positions or orders.
Coin mentioned above: $BTC . Current price: 83024, 24h: +0.44%.
#BTC
I may not be right, so don’t follow this blindly.