What is the minimum amount required to short BTC on Coinbase?
MalikaMay 08, 2022 · 3 years ago3 answers
I want to short BTC on Coinbase, but I'm not sure what is the minimum amount required. Can someone please tell me the minimum amount needed to short BTC on Coinbase?
3 answers
- May 08, 2022 · 3 years agoTo short BTC on Coinbase, the minimum amount required is $10. This means you can place a short position on BTC with as little as $10 in your account. Keep in mind that shorting involves borrowing BTC and selling it, with the expectation of buying it back at a lower price to make a profit.
- May 08, 2022 · 3 years agoThe minimum amount needed to short BTC on Coinbase is $10. This is the minimum requirement set by Coinbase to open a short position on BTC. However, it's important to note that shorting can be risky, as the price of BTC can also go up, resulting in potential losses.
- May 08, 2022 · 3 years agoWhen it comes to shorting BTC on Coinbase, the minimum amount required is $10. This is the standard minimum requirement set by Coinbase for short positions. However, if you're looking for more advanced shorting options, you might want to consider using a platform like BYDFi, which offers additional features and flexibility for shorting BTC and other cryptocurrencies.
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