|
Title: Can I short-sell in any of the exchanges? Post by: GGuyZ on April 23, 2013, 12:50:40 PM Hi,
For an instance, if I deposit USD in btc-e.com, can I use it to sell LTC/BTC/any other virtual currency, or must I first actually buy the same amount of required virtual currency, before selling it? Thanks. Title: Re: Can I short-sell in any of the exchanges? Post by: Endgame on April 23, 2013, 12:58:48 PM As far as I know none of the major exchanges allow short selling. It is a pretty big gap, which hopefully someone will fill soon.
Title: Re: Can I short-sell in any of the exchanges? Post by: zinko on April 23, 2013, 01:47:49 PM In an interview posted today, the CEO(?) of Mt. Gox says there's a regulatory hurdle to short-selling:
http://www.reuters.com/video/2013/04/23/an-exclusive-peek-into-the-worlds-bigges?videoId=242413486&videoChannel=5 If I understood him, they have to declare the subject of the short-selling to be a tangible asset, which he thinks BTC doesn't fall into. Title: Re: Can I short-sell in any of the exchanges? Post by: BitshireHashaway on April 23, 2013, 04:37:54 PM Bitfinex allows short-selling, but their market depth is not very good compared to the large exchanges.
Title: Re: Can I short-sell in any of the exchanges? Post by: GGuyZ on April 24, 2013, 06:28:51 AM Interesting, and as I suspected.
Thanks for the confirmation and the link. |