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Questions tagged [trade long]

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Carlo Carlo Thu Nov 28 2024 | 7 answers 1383

Can you trade long and short on Binance?

I'm interested in trading on Binance and I want to know if it's possible to trade both long and short positions on the platform. I'm looking to understand the flexibility of trading options available to me.

Can you trade long and short on Binance?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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