What’s the difference between One-way Mode and Hedge Mode?
On Binance USDⓈ-M Futures, the position mode applies to all USDⓈ-M trading pairs. You can’t switch modes while you have open positions or pending orders.
In Hedge Mode, you can hold both long and short positions on the same trading pair. You must specify the direction separately when opening or closing a position.
The most important thing to keep in mind when managing your funds: in Hedge Mode, to close a long position, select “Close Long.” If you accidentally select “Open Short,” you’ll open a new short position, and your original long position will remain open.
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