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Hedge mode?

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by COINS NEWS 30 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
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