MultiversX Tracker is Live!

Hedge mode?

All Cryptocurrencies

by COINS NEWS 111 Views

1-3 years ago, I used to be able to trade leveraged derivative futures on Binance in "hedge mode", which means you can retain both long and short positions simultaneously.

For example, if I have $100 at 25x long on BTC/USD at btc = $50,000, then I wanted to ADD or HEDGE that position with SHORT $50 at btc = $52,000, then I own both positions simultaneously, as opposed to selling of the existing long position.

Does that make sense? I had good fortune with this before the restrictions Binance imposed on US customers

I remember using a VPN I think to achieve this but it's been cracked down on...

Is there a service/app/website that offers anything comparable to this for US customers today?

submitted by /u/da_muffinman
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments