Short trading, Altcoins (top ~25)

[Roland677]

Hello

Hello, Im looking for most convenient way for swing trading, holding position for few days, maybe week or two. Any ideas about that? What would be the most convenient way to do this? lets say top 20-25 coins. Is there any good site that allow me/help me with that? I mean platform for investing, something like gdax for bitcoin. Any ideas?

Thank you very much for your time

[AdolfinWolf]

Hello

Hello, I am interested in short trading lets say top 20-25 coins. Is there any good site that allow me/help me with that? I mean platform for investing, something like gdax for bitcoin. Any ideas?

Thank you very much for your time

I'm not sure. I don't think binance supports margin trading (yet), and neither does bittrex?

Poloniex does support margin trading for 9/10 big coins ETH/XRP/LTC/ etc, see https://poloniex.com/marginTrading#btc_eth where you will also have the option to short.

However i'd say that the volume on poloniex is pretty low, and their account verification policy is really bad compared to binance for example ( you'll need to provide verification no matter what amount you're gonna trade)

If you just want to margin/short bitcoin you could use something like bitmex, where you can leverage up to x100.

[Roland677]

Hello

Hello, I am interested in short trading lets say top 20-25 coins. Is there any good site that allow me/help me with that? I mean platform for investing, something like gdax for bitcoin. Any ideas?

Thank you very much for your time

I'm not sure. I don't think binance supports margin trading (yet), and neither does bittrex?

Poloniex does support margin trading for 9/10 big coins ETH/XRP/LTC/ etc, see https://poloniex.com/marginTrading#btc_eth where you will also have the option to short.

However i'd say that the volume on poloniex is pretty low, and their account verification policy is really bad compared to binance for example ( you'll need to provide verification no matter what amount you're gonna trade)

If you just want to margin/short bitcoin you could use something like bitmex, where you can leverage up to x100.

Im looking for most convenient way for swing trading, holding position for few days, maybe week or two, rather than daytrading for altcoins, any ideas about that? What would be the most convenient way to do this?

[AdolfinWolf]

Hello

Hello, I am interested in short trading lets say top 20-25 coins. Is there any good site that allow me/help me with that? I mean platform for investing, something like gdax for bitcoin. Any ideas?

Thank you very much for your time

I'm not sure. I don't think binance supports margin trading (yet), and neither does bittrex?

Poloniex does support margin trading for 9/10 big coins ETH/XRP/LTC/ etc, see https://poloniex.com/marginTrading#btc_eth where you will also have the option to short.

However i'd say that the volume on poloniex is pretty low, and their account verification policy is really bad compared to binance for example ( you'll need to provide verification no matter what amount you're gonna trade)

If you just want to margin/short bitcoin you could use something like bitmex, where you can leverage up to x100.

Im looking for most convenient way for swing trading, holding position for few days, maybe week or two, rather than daytrading for altcoins, any ideas about that? What would be the most convenient way to do this?

I think any popular exchange will do.

Binance/Bittrex/Polo all have no restrictions on how long you need to keep a coin, and (especially) binance has really good volume which means you'll almost always will be able to sell.

(If that's what you mean).

[dexone]

Use localbitcoins.com to avoid all the trouble signing up and tedious KYC process of an exchange.

[gawer33]

use binance KYC is much easier, then use some free trial bots so you can easily manage your coins, one bot is cryptohoppper good for 1 month it had stop loss, trailing stop and summarized your holdings for free trial it had 15 coins for auto buy but you can manage up to 200 positions manually. It also uses tradingview by option.