What is Two-way Position？

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