Don't laugh at me—I had to learn the hard way after making this mistake myself.
Today's topic: Isolated vs. cross margin
On Binance USDⓈ-M futures, you can't change the margin mode for a trading pair if you have an open position or pending order for it.
Before opening a position, check the margin mode for that trading pair. Don't wait until something goes wrong to realize you opened a cross-margin position.
Today's price: $BTC Current price: 81576.01 (24h -2.1%).
#BTC
Today's topic: Isolated vs. cross margin
On Binance USDⓈ-M futures, you can't change the margin mode for a trading pair if you have an open position or pending order for it.
Before opening a position, check the margin mode for that trading pair. Don't wait until something goes wrong to realize you opened a cross-margin position.
Today's price: $BTC Current price: 81576.01 (24h -2.1%).
#BTC