If you’ve opened a long position and then place a sell order, does it close the position or open a short?
In hedge mode, holding long and short positions of the same size at the same time means their gains and losses from price movements largely offset each other, while you still pay trading fees.
If you haven’t used hedge mode before, sticking with one-way mode is less likely to lead to mistakes.
Here’s a current price: $BTC quotes 82507.16 (24h: -1.13%).
How do you interpret this? Join the discussion in the comments.

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