A few practical notes on reduce-only orders that I jotted down.
In Binance USDⓈ-M futures, opening and closing positions are placed as separate orders in Hedge Mode, so there’s no reduce-only option. In One-way Mode, I make a habit of checking “Reduce-Only” when placing closing limit orders or conditional orders.
$BTC is currently at 81886.58.
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In Binance USDⓈ-M futures, opening and closing positions are placed as separate orders in Hedge Mode, so there’s no reduce-only option. In One-way Mode, I make a habit of checking “Reduce-Only” when placing closing limit orders or conditional orders.
$BTC is currently at 81886.58.
Do you find this useful?