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Preparation
Register on Binance and complete KYC (verification). Fund your spot wallet and transfer the funds to the Futures Wallet (Transfer). Go to Futures → USDⓈ-M Futures.
Enable Hedge Mode (the most crucial step)
Open any futures pair (for example, BTCUSDT Perpetual). In the top right corner of the trading window, click on ⚙️ Settings. Select Position Mode. Switch from One-Way Mode to Hedge Mode. Confirm.

Hedging is a risk management strategy where a trader or investor opens an opposite position to an existing one to minimize potential losses from unfavorable market movements.
The simplest version is direct hedging: if you have a long position in stocks or futures, you open a short position for the same amount of that asset. This way, the profit from one position offsets the loss from the other.

In the world of financial markets, there are two main approaches to trading: manual trading and algorithmic trading (algo-trading or automated trading). The difference between them lies not only in the tools but also in the very philosophy of the process.
Manual trading
This is a classic way where a trader analyzes the market independently, makes decisions, and executes trades through a trading platform. The person studies charts, news, fundamental indicators, feels the market sentiment, and hits the 'Buy' or 'Sell' buttons.