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What is Two-way Position?
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2020-11-19 15:01

Bibox coin margined contract adds two-way position mode, based on the former USDT contract.

The so-called two-way position refers to a contract that is allowed to hold positions in both long and short directions at the same time. Therefore, the opening and closing positions in the two-way position mode is slightly different from the normal operation:

  1. If you want to open a position or add a position to an existing position (in the same direction), you must select "Open Position";
  2. Conversely, if you want to close a position or reduce a position in an existing position (in the same direction), you must select "Close Position". As shown:

Picture:Open position/Close postition

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