I'm wondering if it's possible to short
Bitcoin on Coinbase. I'd like to know if the platform allows this kind of trading activity where I can profit from a decrease in BTC's price.
7 answers
Martina
Sat Dec 28 2024
For instance, if a trader anticipates a decline in the price of Bitcoin, they can sell Bitcoin futures contracts.
Bianca
Sat Dec 28 2024
When engaging in price shorting, traders sell futures contracts with the intention of buying them back at a lower price in the future.
Elena
Sat Dec 28 2024
This process allows traders to profit from a decrease in the price of the underlying asset.
CryptoLodestarGuard
Sat Dec 28 2024
In contrast to spot trading, no borrowing is required when short selling futures contracts.
Bianca
Sat Dec 28 2024
Price Shorting is a strategy employed in futures trading.