How do I trade Dogecoin for cash?

To sell or short Dogecoin, the first step is to create a CFD trading account or log in to your existing one. A CFD, or Contract for Difference, trading account allows you to speculate on the price movements of Dogecoin without actually owning the underlying asset.

Once your account is set up, open the CFD trading platform and navigate to the finder panel. Here, you can search for 'Dogecoin' to locate the specific market you wish to trade.

Once you've found Dogecoin, it's time to determine your position size. This refers to the number of contracts you wish to trade, which will determine the potential profit or loss of your trade. Carefully consider your risk appetite and trading strategy before selecting your position size.

With your position size set, move on to the deal ticket. This is where you will execute your trade. To sell or short Dogecoin, click on the 'sell' button in the deal ticket. This indicates that you are expecting the price of Dogecoin to decrease, and you wish to profit from this movement.

Before confirming the trade, double-check all the details, including the position size, the price level, and the stop-loss and take-profit orders (if any). Once you are satisfied, confirm the trade by clicking on the appropriate button.