I'm considering shorting on crypto and want to know if I can do this through Coinbase. I'm looking for information on whether Coinbase supports short selling, as this would be a convenient platform for me to execute such trades.
5 answers
Skywalker
Sun Dec 08 2024
Shorting is a strategy where investors sell an asset they do not own, anticipating a price drop.
CryptoLegend
Sun Dec 08 2024
Leverage and borrowing are common practices in the financial world.
QuasarGlider
Sat Dec 07 2024
To execute a short sale, investors borrow coins from an exchange.
Margherita
Sat Dec 07 2024
They then sell these borrowed coins at a high price.
CryptoWanderer
Sat Dec 07 2024
When the price of the asset drops, they buy it back at a lower price.