What are the steps to short Bitcoin on Coinbase?

1 answers

• May 02, 2022 · 3 years ago
  To short Bitcoin on Coinbase, you'll need to follow these steps. First, create a Coinbase account and complete the verification process. Once your account is set up, deposit funds into your Coinbase wallet. Next, navigate to the trading platform and select the Bitcoin trading pair. On the trading page, you'll find an option to open a short position. Specify the amount you want to borrow and sell, and place the order. Keep an eye on the market and close your short position when you're satisfied with the profits or want to limit your losses. Remember to do thorough research and understand the risks involved in shorting Bitcoin before getting started.
  656

  328