📊 Contract Trading | One-Way and Hedge Mode Positions
· Key point: On Binance U-margined contracts, position mode applies to all U-margined trading pairs. You can’t switch modes while you have an open position or an unfilled order.
· How it works: One-way mode is simpler: each trading pair has only one position, and every order adjusts that position.
· Reminder: If you’re unfamiliar with hedge mode, start with one-way mode to reduce the chance of mistakes.
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