Cryptocurrency Q&A What does reduce-only mean?

What does reduce-only mean?

CryptoElite CryptoElite Thu Oct 03 2024 | 0 answers 0
Could you please clarify the term "reduce-only" in the context of cryptocurrency trading or finance? I'm curious to understand how it's used and what specific actions or strategies it refers to. Additionally, I'm interested in knowing if there are any benefits or drawbacks associated with adopting a reduce-only approach. Could you provide a concise yet informative explanation of this term and its relevance in the cryptocurrency and finance industries? What does reduce-only mean?

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