I want to know the process of shorting cryptocurrencies using the Coinbase app. I'm looking for step-by-step instructions or a detailed guide on how to execute a short position on crypto assets through this platform.
5 answers
Giulia
Fri Nov 29 2024
Margin trading allows traders to take short positions on cryptocurrencies.
Bianca
Fri Nov 29 2024
BTCC is a leading
cryptocurrency exchange that offers a range of services including spot, futures, and wallet solutions.
lucas_emma_entrepreneur
Fri Nov 29 2024
To place a short position, you must first enable margin trading on your exchange account.
HanRiverVisionaryWave
Fri Nov 29 2024
Once enabled, you can select a specific cryptocurrency trading pair, such as BTC/USD or ETH/BTC.
Carlo
Fri Nov 29 2024
After selecting the trading pair, you will need to choose the “Sell” option to initiate a short position.