Bitcoin Forum

Other => Beginners & Help => Topic started by: alcibiades on March 02, 2013, 07:34:14 PM



Title: Can I short bitcoin?
Post by: alcibiades on March 02, 2013, 07:34:14 PM
Is there any way to short bitcoin with current exchange technology?


Title: Re: Can I short bitcoin?
Post by: DeathAndTaxes on March 02, 2013, 07:35:26 PM
Is there any way to short bitcoin with current exchange technology?

Bitfinex

You can deposit USD and borrow Bitcoins effectively making you BTC short.


Title: Re: Can I short bitcoin?
Post by: Stephen Gornick on March 02, 2013, 10:29:47 PM
Is there any way to short bitcoin with current exchange technology?

You can sell BTC/USD futures contracts on ICBIT.se, with leverage up to 10X
 - http://www.ICBIT.se

Another form of shorting bitcoins is to buy PUT options on MPOE.    Or the trading methods offered through 1Broker provide a way to go short.

None of those are offered from a financial institution in the U.S.  That might cause some to see the counterparty risk as being unacceptably high.

CoinSetter could be the first U.S.-based organization to offer methods to go short.  Kraken is another.  Neither is open to the public yet.

There are other methods coming as well.

When they arrive, they will be added to the list here:
 - http://en.bitcoin.it/wiki/Trade#Financial


Title: Re: Can I short bitcoin?
Post by: Chemistry1988 on March 02, 2013, 11:18:47 PM
Yes: http://1broker.com

Leverage up to 5