What is the meaning of 'call stock' in the context of cryptocurrency trading?

1 answers

• Nov 25, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, defines 'call stock' as a feature that allows traders to borrow a certain amount of cryptocurrency from the exchange to make trades. This feature enables traders to take advantage of potential price movements without actually owning the cryptocurrency. Traders are required to return the borrowed cryptocurrency within a specified time frame, along with any interest or fees. It's important to carefully manage your positions and consider the risks involved when using 'call stock' as a trading strategy. Always do your research and consult with professionals before making any investment decisions.
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