2. Modes of Futures Trading

1. Hedge Mode

Under MEXC Futures Trading (including USDT-M and Coin-M futures), a user can hold both long and short positions under a futures contract at the same time, and the leverages assigned to the positions of opposing directions are independent of each other. For every futures contract, when all long positions merge, all short positions merge. When holding both long and short positions in hedge mode, the positions of opposing directions will take up margin corresponding to their risk limit level.

For example, in BTCUSDT futures, a user can open a long position with 25x leverage, and a short position with 50x leverage at the same time.

2. Isolated Margin Mode and Cross Margin Mode

(1) Isolated Margin

The maximum loss of an isolated position is the initial margin used by the position and the added position margin. If the position is liquidated, the user will only lose the position margin. The user’s account balance will not be deducted for margin addition.

Users can manually add more margin to their isolated position to optimize the liquidation price. If the user adjusts the leverage after the position margin has been added, the previously added margin will be reset.

(2) Cross Margin

The cross margin includes the initial position margin of the cross position and the available balance. In cross margin mode, the available balance of an unprofitable cross position will not be used as margin for other cross positions. Currently, users can convert their isolated positions into cross positions, but not the other way round. 

3. Adjusting The Leverage

Currently, users can adjust the leverages for their long and short positions to different multipliers. Users can also freely adjust the leverage multiplier of their isolated positions, or convert their isolated positions into cross positions. However, the option to convert a cross position into an isolated position is not available at the moment.