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What are long and short positions in crypto trading?

Hammond BjerregaardMay 10, 2024 · a year ago1 answers

Can you explain what long and short positions are in the context of crypto trading? How do they work and what are the differences between them?

1 answers

  • Hatcher ElliottJan 23, 2022 · 3 years ago
    At BYDFi, we offer both long and short positions for crypto trading. Traders can choose to go long or short on a variety of cryptocurrencies, depending on their market outlook and trading strategy. Our platform provides the necessary tools and features to execute these trades efficiently and securely. Whether you're bullish or bearish on the crypto market, BYDFi has you covered.