WhiteBIT, Europe's largest cryptocurrency exchange, has introduced Hedge Mode for futures trading. This new feature aims to provide traders with greater control amid market volatility.
Launch of New Feature and Its Goals
Hedge Mode allows users to open both long and short positions simultaneously on the same futures market. This enables traders to manage risks more accurately and apply more complex trading strategies. Unlike One-Way Mode, where users are limited to a single directional position, the new feature offers greater flexibility.
Response to Market Volatility
The launch of Hedge Mode comes amid ongoing volatility in the cryptocurrency market. In April 2025 alone, over $1.3 billion in crypto derivatives positions were liquidated, affecting nearly 310,000 traders. These figures underline the serious risks faced by traders and the increasing need for more sophisticated tools for managing open positions and hedging against sudden price movements.
Promoting Innovation on the Platform
The introduction of this new feature follows a series of innovative updates rolled out by WhiteBIT in recent months, including the fast fiat-to-crypto conversion functionality, the 1x10 trading bot for automated strategy deployment, and isolated margin mode for futures. These upgrades reaffirm WhiteBIT's commitment to empowering traders with institutional-grade tools.
Hedge Mode from WhiteBIT represents a significant advancement in the enhancement of trading operations on the platform, providing users with better opportunities for risk management.
