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how to open hedge mode in bitget
By enabling Hedge Mode in Bitget, you can execute both long and short positions for the same asset to mitigate price volatility risk.
Nov 07, 2024 at 12:48 pm
- Visit the official Bitget website and enter your login credentials.
- Click on the "Derivatives" tab located in the top menu bar.
- Choose the futures contract market you want to trade from the list of available contracts.
- Click on the "Trade" button to open the trading interface for the selected contract.
- In the trading interface, locate the "Hedge Mode" toggle switch in the upper-left corner.
- Click on the toggle switch to enable Hedge Mode.
- Hedge Mode allows you to hold both a long and short position simultaneously for the same underlying asset.
- This strategy helps reduce risk by hedging against price fluctuations.
- When Hedge Mode is enabled, the positions will be settled independently and have separate profit and loss (P&L).
- You can close the individual positions or liquidate all positions together using the "Close All" option.
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