What platforms allow you to short bitcoin?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! One popular platform that allows you to short bitcoin is BitMEX. It offers a variety of trading options, including the ability to short bitcoin with leverage. The process involves opening a margin account, depositing funds, and then placing a short order. Keep in mind that shorting bitcoin carries risks, so it's important to have a solid trading strategy and manage your risk effectively. Good luck with your trading endeavors!
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• Dec 17, 2021 · 3 years ago
  If you're looking for a more beginner-friendly platform, you might want to consider eToro. It allows you to short bitcoin through a feature called Contracts for Difference (CFDs). With CFDs, you don't actually own the underlying asset, but you can speculate on its price movements. eToro also offers a social trading feature, where you can follow and copy the trades of successful traders. This can be a great way to learn from experienced traders while potentially profiting from shorting bitcoin.
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• Dec 17, 2021 · 3 years ago
  BYDFi is another platform that allows you to short bitcoin. It offers a user-friendly interface and a wide range of trading options. To short bitcoin on BYDFi, you'll need to create an account, deposit funds, and then navigate to the trading section. From there, you can place a short order and monitor your position. Remember to do your own research and consider the risks involved in shorting bitcoin before getting started.
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