common-close-0
BYDFi
Trade wherever you are!

What are the steps to short on Binance mobile?

avatarBearcin46Dec 19, 2021 · 3 years ago4 answers

Can you provide a step-by-step guide on how to short on Binance mobile? I want to take advantage of the price decrease of a specific cryptocurrency.

What are the steps to short on Binance mobile?

4 answers

  • avatarDec 19, 2021 · 3 years ago
    Sure! Here's a step-by-step guide on how to short on Binance mobile: 1. Open the Binance mobile app and log in to your account. 2. Navigate to the 'Trade' tab at the bottom of the screen. 3. Search for the cryptocurrency you want to short by entering its ticker symbol in the search bar. 4. Once you've found the cryptocurrency, tap on it to open the trading pair page. 5. On the trading pair page, you'll see the 'Buy' and 'Sell' buttons. Tap on 'Sell'. 6. In the 'Sell' section, you can choose the amount of cryptocurrency you want to short and set the leverage ratio. 7. After setting the amount and leverage, review your order details and tap on 'Sell' to execute the short trade. That's it! You've successfully shorted a cryptocurrency on Binance mobile.
  • avatarDec 19, 2021 · 3 years ago
    Shorting on Binance mobile is easy! Just follow these steps: 1. Launch the Binance mobile app and log in to your account. 2. Go to the 'Trade' section located at the bottom of the screen. 3. Search for the cryptocurrency you want to short by typing its ticker symbol in the search bar. 4. Once you've found the cryptocurrency, tap on it to access the trading pair page. 5. On the trading pair page, you'll find the 'Sell' button. Tap on it. 6. In the 'Sell' section, specify the amount of cryptocurrency you want to short and set the leverage. 7. Double-check your order details and tap on 'Sell' to complete the short trade. Congratulations! You've successfully shorted a cryptocurrency on Binance mobile.
  • avatarDec 19, 2021 · 3 years ago
    Shorting on Binance mobile is a breeze! Just follow these simple steps: 1. Open the Binance mobile app and log in to your account. 2. Tap on the 'Trade' tab located at the bottom of the screen. 3. Use the search bar to find the cryptocurrency you want to short by entering its ticker symbol. 4. Once you've found the cryptocurrency, tap on it to access the trading pair page. 5. On the trading pair page, you'll see the 'Sell' button. Tap on it. 6. In the 'Sell' section, specify the amount of cryptocurrency you want to short and set the leverage ratio. 7. Review your order details and tap on 'Sell' to execute the short trade. Voila! You've successfully shorted a cryptocurrency on Binance mobile.
  • avatarDec 19, 2021 · 3 years ago
    BYDFi is a great platform for shorting on Binance mobile. Here's how you can do it: 1. Open the Binance mobile app and log in to your account. 2. Navigate to the 'Trade' tab at the bottom of the screen. 3. Search for the cryptocurrency you want to short by entering its ticker symbol in the search bar. 4. Once you've found the cryptocurrency, tap on it to open the trading pair page. 5. On the trading pair page, you'll see the 'Sell' button. Tap on it. 6. In the 'Sell' section, specify the amount of cryptocurrency you want to short and set the leverage ratio. 7. Review your order details and tap on 'Sell' to execute the short trade. That's it! You've successfully shorted a cryptocurrency on Binance mobile using BYDFi.