Binance Hedge Mode for the trading bot
The Winners Club bot trades Binance USDT-M futures only in Hedge Mode. Turn it on before you save your API key.
What Hedge Mode is
Hedge Mode is a Binance Futures position mode. On one symbol you can hold a long and a short at the same time.
One-way Mode holds only one direction on a symbol. This bot does not run in One-way Mode.
How to turn it on
- Open Binance Futures.
- Open Preferences, then Position Mode.
- Choose Hedge Mode.
- If you have open positions or open orders, close them first. Binance will not change the mode while they are open.
Then connect the bot
After Hedge Mode is on, pay for the bot, create an API key with withdrawals off, add the IP from your dashboard, and save the key and secret.
Common questions
Does the bot work in One-way Mode? No. Turn on Hedge Mode before you connect.
Why will Binance not let me switch? Close open positions and open orders on Futures first. Then switch Position Mode to Hedge Mode.