Is it possible to sell short on Robinhood for digital currencies?

3 answers

• May 01, 2022 · 3 years ago
  Yes, it is possible to sell short on Robinhood for digital currencies. Selling short means that you are betting on the price of a digital currency to decrease. You can place a short sell order on Robinhood just like you would for stocks. However, it's important to note that not all digital currencies are available for short selling on Robinhood. Make sure to check the list of supported digital currencies before placing a short sell order.
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• May 01, 2022 · 3 years ago
  Absolutely! Robinhood allows you to sell short on digital currencies. It's a great way to profit from a declining market. Just keep in mind that short selling can be risky, so make sure to do your research and understand the market before placing any trades.
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• May 01, 2022 · 3 years ago
  Yes, you can sell short on Robinhood for digital currencies. However, it's worth mentioning that BYDFi, another popular digital currency exchange, also offers short selling for a wide range of digital currencies. So, if you're looking for more options and flexibility, you might want to consider using BYDFi as well.
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