How to Enable Hedge Mode

Follow these simple steps to activate it.

1. Open the Features Menu

From the main Futures trading screen, tap on the three-dots menu (...) in the top-right corner.

2. Go to Preferences

From the menu that appears, tap on the "Preferences" icon.

3. Select Position Settings and Enable Hedge Mode

1. In the "Preferences" menu, tap on "Position Settings".

2. You will see two options: "One-way Mode" and "Hedge Mode".

3. Select "Hedge Mode" to activate it.

After you enable it, the "Preferences" screen will display "Hedge Mode" next to Position Settings, as shown in the image below. Your account is now correctly configured.

Why Is This Setting Important? (The Hedge Mode Requirement)

Our automated trading system, Mefai, has built its strategies and trades entirely on "Hedge Mode". Activating this setting is a mandatory step for the system to function correctly.

Here's why:

• Flexible Position Management: Hedge Mode allows Mefai to open and manage both long and short positions for the same cryptocurrency at the same time. Our system's trading logic is designed around this capability.

• To Prevent Errors: If your account remains in the default "One-way Mode," the automated trading (AutoTrade) feature will not work. When our system attempts to open a new position, the Binance API will reject the request, and you will receive error codes like 4601 ("Position mode is not hedge mode").

In short, it is critical to activate Hedge Mode so that Mefai can execute trades on your account seamlessly.