JuCoin's perpetual futures support dual-position mode, meaning users can hold both long and short positions simultaneously under a single contract.
Dual-Position Mode
In JuCoin's futures trading, users can hold both long and short positions for a single contract simultaneously, with independent leverage for each direction. For each contract, all long positions are combined, and all short positions are combined. When holding dual positions, both long and short positions require corresponding margin allocation based on risk-limited leverage tiers.
For example, in the BTC/USDT perpetual futures, users can open a 25x long position while also opening a 50x short position.
In dual-position mode, users can hold both long and short positions simultaneously within the same contract. Therefore, the opening and closing operations in this mode differ slightly from single-position mode. To open a position, users must select "Open Position" before placing an order. Conversely, to close a position, users should select "Close Position."
Advantages of Dual-Position Mode
Flexibility: Traders can hold both long and short positions simultaneously for the same futures asset based on market conditions and personal judgment, allowing them to flexibly respond to market rises and falls.
Diverse Trading Strategies: Dual-position mode enables traders to adopt various trading strategies, such as arbitrage, hedging, and volatility trading, to adapt to different market environments and trading opportunities.
Risk Control: By holding both long and short positions simultaneously for the same futures asset, traders can reduce the risks associated with unilateral positions. When market uncertainty or extreme volatility arises, risks can be controlled through hedging or position reduction.
Note: Dual-position mode requires traders to have strong risk management skills and market judgment. Traders should allocate funds and positions reasonably based on their trading plans and risk tolerance, and set appropriate stop-loss and take-profit points to control risks and protect profits.