Title: Shorting bitcoin Post by: skhan855 on April 09, 2018, 07:28:51 PM Hi
Whats the simplest way to short bitcoin, I found margin too difficult. Can anyone help? Title: Re: Shorting bitcoin Post by: RodeoX on April 09, 2018, 07:31:38 PM http://www.cmegroup.com/trading/bitcoin-futures.html
https://www.tdameritrade.com/investment-products/futures-trading/bitcoin-futures.page Futures markets may be what your looking for. Title: Re: Shorting bitcoin Post by: squatz1 on April 10, 2018, 12:17:59 AM Meh I wouldn't go on the futures market, I'd rather use a simpler service such as Bitmex -- they're pretty easy to sign up on (given that you're not from the US) and then you'll be able to short a good number of coins which the leverage (or not) that you desire.
If you want to get involved with Bitmex, I'd suggest going here and checking it out - https://blockonomi.com/bitmex-review/ -- It's a good review on them with a guide. Goodluck with the shorting Title: Re: Shorting bitcoin Post by: Sinecoin on April 10, 2018, 02:38:00 AM Hi Whats the simplest way to short bitcoin, I found margin too difficult. Can anyone help? Margins arent really that hard i could explain it in laymens turns. Margin trading is where the exchange will lend you a certain amount of money in relation to how much money you have. With that money you can open a short or long position on a crypto. A short position is where you bet on a certain crypto to go down. The exchange will lend you the specified amount of crypto and you will sell it at a certain price and then once you close your position youll buy back at that price (preferably a lower price than what you bought at) and then youll return the coins that you borrowed to the exchange. Long positions work the same way just vice versa. Title: Re: Shorting bitcoin Post by: Awesomus Maximus on April 10, 2018, 08:35:23 AM Meh I wouldn't go on the futures market, I'd rather use a simpler service such as Bitmex Any clue about bitmex withdrawal fees? All it say on their website is Quote the minimum Bitcoin Network fee is set dynamically based on blockchain load. |