Let's talk about one-way and hedge mode positions.
On Binance USDⓈ-M futures, the position mode applies uniformly to all USDⓈ-M trading pairs, and you can't switch modes while you have open positions or pending orders.
In other words, hedge mode is often used for strategies that involve holding long and short positions at the same time—for example, keeping a long position for the long term while opening a short position in the short term to hedge against a pullback.
$BTC is at 73269.3 right now.
On Binance USDⓈ-M futures, the position mode applies uniformly to all USDⓈ-M trading pairs, and you can't switch modes while you have open positions or pending orders.
In other words, hedge mode is often used for strategies that involve holding long and short positions at the same time—for example, keeping a long position for the long term while opening a short position in the short term to hedge against a pullback.
$BTC is at 73269.3 right now.
