Why can't you short sell Bitcoin on Robinhood?

3 answers

• Dec 15, 2021 · 3 years ago
  Short selling Bitcoin on Robinhood is not allowed due to the platform's business model and regulatory restrictions. Robinhood operates as a commission-free trading platform, which means they make money through other means, such as payment for order flow. This model is not compatible with the complexities and risks associated with short selling. Additionally, regulatory bodies have specific requirements and restrictions for short selling, which Robinhood may not have the infrastructure or resources to comply with.
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• Dec 15, 2021 · 3 years ago
  Unfortunately, you cannot short sell Bitcoin on Robinhood. Short selling involves borrowing an asset and selling it with the expectation of buying it back at a lower price in the future. However, Robinhood currently only supports buying and selling of cryptocurrencies, without the option to borrow or sell borrowed assets. If you are interested in short selling Bitcoin, you may need to consider other cryptocurrency exchanges that offer this feature.
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• Dec 15, 2021 · 3 years ago
  Short selling Bitcoin on Robinhood is not available at the moment. However, if you are looking for a platform that supports short selling, you might want to check out BYDFi. They offer a wide range of trading options, including the ability to short sell Bitcoin and other cryptocurrencies. Keep in mind that short selling carries its own risks and complexities, so it's important to do thorough research and understand the market dynamics before engaging in such activities.
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