What Altcoin Exchange Allows You to Borrow Coins for Shorting?

[tokeweed]

As the title asks...  I have yet to find one exchange that has this service.  But just in case if anyone knows, please post.

Also, would this be a good service for exchanges to add?  What do you think?

[tokeweed]

I am aware of Bitinex.  But they don't really have alts.

[sdmathis]

I'm not aware of any altcoin exchanges that allows you to short a coin. Wouldn't it be nice if we could find one? Just pick an alt at random and short it. It would be like printing money.

[tokeweed]

I'm not aware of any altcoin exchanges that allows you to short a coin. Wouldn't it be nice if we could find one? Just pick an alt at random and short it. It would be like printing money.

In stock trading, you would have to get a margin account and contact the broker before the markets opened and reserve shares you want to short for a small fee.  Sometimes there are shares available, sometimes there's nothing.  I think this "feature" of coins being able to be borrowed in the exchanges can be valuable for any coin in a trading perspective.

I think the same system could be doable for alt exchanges.

[gustav]

That would be a goldmine for the one who would offer it in a professional way.

[bitcreditscc]

I'm not aware of any altcoin exchanges that allows you to short a coin. Wouldn't it be nice if we could find one? Just pick an alt at random and short it. It would be like printing money.

In stock trading, you would have to get a margin account and contact the broker before the markets opened and reserve shares you want to short for a small fee.  Sometimes there are shares available, sometimes there's nothing. 

I think the same system could be doable for alt exchanges.

This will be possible in the BCR system, but you'll have to wait a while.

[tokeweed]

That would be a goldmine for the one who would offer it in a professional way.

Yeah.  I was kind of wondering why no exchange followed that model yet.  

I think this "feature" of coins being able to be borrowed in the exchanges can make a coin "valuable" in a trading perspective.

[GambitBTC]

https://cryptomargin.com/?ref=ref16101

Not many options, but has worked fine for me.

[shanem]

I don't think it is possible.
Otherwise many dev will try to profit from it by hiding some instamine in the code and dump all the coins in the market.

[Snail2]

https://cryptomargin.com/?ref=ref16101

Not many options, but has worked fine for me.

Looks interesting, but as I see they are not very talkative here on BTT, however the site is more than one year old. Are they trustworthy? Could you tell me a bit more about your experiences with them, please?

[GambitBTC]

https://cryptomargin.com/?ref=ref16101

Not many options, but has worked fine for me.

Looks interesting, but as I see they are not very talkative here on BTT, however the site is more than one year old. Are they trustworthy? Could you tell me a bit more about your experiences with them, please?

Only been using them for 3 weeks, but haven't had any lag time, and the stop loss feature works to perfection.

I am in no way affiliated with this site (besides being a customer) but as far as i can tell its a legit operation, but we have seen many a legit operation go shady overnight in the Bitcoin community.

Let me know how it works out for you, and best of luck trading