Trading Tip: Reduce-Only
Orders marked Reduce-Only can only reduce an existing position. They cannot increase your position or open a new position in the opposite direction.
If a Reduce-Only order exceeds your existing position size, the excess will not become a position in the opposite direction. The order will be adjusted or canceled according to the rules.
In one-way position mode, remember to select Reduce-Only for closing orders and conditional orders.
Market snapshot: $BTC is quoted at 83701.84 (24h -0.54%).
#BTC
This is for informational purposes only and does not constitute investment advice.
Orders marked Reduce-Only can only reduce an existing position. They cannot increase your position or open a new position in the opposite direction.
If a Reduce-Only order exceeds your existing position size, the excess will not become a position in the opposite direction. The order will be adjusted or canceled according to the rules.
In one-way position mode, remember to select Reduce-Only for closing orders and conditional orders.
Market snapshot: $BTC is quoted at 83701.84 (24h -0.54%).
#BTC
This is for informational purposes only and does not constitute investment advice.