Cryptocurrency Q&A Can I short BTC on Coinbase?

Can I short BTC on Coinbase?

CryptoVisionary CryptoVisionary Thu Dec 26 2024 | 7 answers 1218
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. Can I short BTC on Coinbase?

7 answers

Martina Martina Sat Dec 28 2024
For instance, if a trader anticipates a decline in the price of Bitcoin, they can sell Bitcoin futures contracts.

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Bianca 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.

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Elena Elena Sat Dec 28 2024
This process allows traders to profit from a decrease in the price of the underlying asset.

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CryptoLodestarGuard CryptoLodestarGuard Sat Dec 28 2024
In contrast to spot trading, no borrowing is required when short selling futures contracts.

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Bianca Bianca Sat Dec 28 2024
Price Shorting is a strategy employed in futures trading.

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