AlphaX introduces the "Reverse position" feature to enhance the trading experience. It allows users to close their current position and instantly open a new position in the opposite direction. With one click, traders can quickly adjust their strategy and position based on market movements.
Applies to: USDT-M perpetual contracts
Rules of use:
Steps: Enter a reverse position size less than or equal to your current position. Once the order details are confirmed, the system will close your position at market price. Before closing the position, the system will first cancel the preset reversal order for that asset, then immediately open a reverse position of the same contract type and leverage at market price.
Margin limits: If the account's available balance is insufficient, the system will open a position based on the current "maximum openable size".
Max position limit: If your current position exceeds the maximum order size, the reversal position will be limited to the platform's per-order cap.
Execution risk: Due to changes in margin, market liquidity, and other unforeseen factors, reversal position operations are not guaranteed to succeed. In extreme conditions, the position may be closed successfully, but the reversal position may fail to open.
⚠️ Risk warning
Digital assets are innovative, high-risk investment products that require a high level of expertise. Carefully assess your financial situation and risk tolerance before making any investment decisions. AlphaX shall not be liable for any investment decisions made by users, including but not limited to any guarantees or compensation.
AlphaX reserves the right, at its sole discretion, to amend or cancel this announcement at any time without prior notice.
The AlphaX Team