📖How to Open and Close a Position?

JOJO uses a one-way position mode, which means that under a certain trading pair, you can only have a position in one direction and cannot hold both long and short positions at the same time. This mode is very similar to spot trading; you just need to buy and sell normally.

For users accustomed to the concepts of opening and closing positions:

• If you currently do not have any positions, then buying is equivalent to open long position, while selling is equivalent to open short position.

• If you currently have a long position, then selling is equivalent to closing your position.

• If you currently have a short position, then buying is equivalent to closing your position.

You can also quickly close your position by clicking the "close" button in the top right corner of the position.