I'm wondering if it's possible to short cryptocurrencies using my own funds. I want to understand if this type of trading activity is feasible and what the process might look like.
7 answers
Maria
Mon Oct 28 2024
Crypto shorting is a popular trading strategy that utilizes margin.
Giulia
Mon Oct 28 2024
Margin, in this context, refers to the borrowing of cryptocurrency.
MoonlitCharm
Mon Oct 28 2024
Traders borrow crypto from an exchange or a lending platform.
DongdaemunTrendsetterStyleIcon
Sun Oct 27 2024
They then sell the borrowed crypto in the market.
Elena
Sun Oct 27 2024
The goal is to repurchase the crypto at a lower price in the future.