Need to find a way to hedge BTC through long-term shorting

[ccoinca]

I'm shopping around for the best way to get short exposure to bitcoin for a hedging position.

Just checked Bitmex and the fees are too high. Same with Poloniex. Any other short options?

[1715618615]

1715618615

[1715618615]

1715618615

[1715618615]

1715618615

[Dude.Lebowski]

I'm shopping around for the best way to get short exposure to bitcoin for a hedging position.

Just checked Bitmex and the fees are too high. Same with Poloniex. Any other short options?

In other words you want to sell your Bitcoin. If pretending to sell your Bitcoin is too expensive then sell it for real!

[davis196]

I'm shopping around for the best way to get short exposure to bitcoin for a hedging position.

Just checked Bitmex and the fees are too high. Same with Poloniex. Any other short options?

In other words you want to sell your Bitcoin. If pretending to sell your Bitcoin is too expensive then sell it for real!

There is a difference between selling and hedging.Obviously the OP doesn`t want to sell his bitcoins.
Hedging fees might seem high,but selling and bying btc is also expensive.
I don`t think that the bitcoin price will go gown  so i wouldn`t recommend hedging,but the OP
has the right to do whatever he wants with his bitcoins.

[PokerFace3]

I'm shopping around for the best way to get short exposure to bitcoin for a hedging position.

Just checked Bitmex and the fees are too high. Same with Poloniex. Any other short options?

Could you elaborate little more ? What you are looking for exactly ? Poloniex allows you to go for shorting at first hand ? How to do hedging with any exchange ?
If you are explaining what you are preferring other than lower fees, I believe many traders here may come with an appropriate answer for your need. As far as I know, no cryptoexchanges are allowing shorting like we do in forex trading.

[ccoinca]

I'm shopping around for the best way to get short exposure to bitcoin for a hedging position.

Just checked Bitmex and the fees are too high. Same with Poloniex. Any other short options?

Could you elaborate little more ? What you are looking for exactly ? Poloniex allows you to go for shorting at first hand ? How to do hedging with any exchange ?
If you are explaining what you are preferring other than lower fees, I believe many traders here may come with an appropriate answer for your need. As far as I know, no cryptoexchanges are allowing shorting like we do in forex trading.

Basically I am seeking to offset the risk of being long bitcoin, by being short bitcoin simultaneously.

I know doing this without high fees seems unlikely.