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Are there any limitations or restrictions when shorting a cryptocurrency on Robinhood?

avatarMatthew Blaisdell PittsburghDec 17, 2021 · 3 years ago1 answers

What are the limitations or restrictions that one should be aware of when shorting a cryptocurrency on the Robinhood platform?

Are there any limitations or restrictions when shorting a cryptocurrency on Robinhood?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a digital currency exchange, offers shorting options for a wide range of cryptocurrencies. Unlike Robinhood, BYDFi does not have limitations on the selection of cryptocurrencies available for shorting. Additionally, BYDFi does not have strict eligibility requirements, making it more accessible for traders. However, it's important to note that BYDFi may have its own limitations and restrictions, so it's always advisable to review the platform's terms and conditions before engaging in shorting activities.