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Are there any restrictions on short selling digital currencies on Fidelity?

avatarMr. BDec 26, 2021 · 3 years ago3 answers

What are the restrictions on short selling digital currencies on Fidelity? Can I easily short sell digital currencies on Fidelity without any limitations?

Are there any restrictions on short selling digital currencies on Fidelity?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Short selling digital currencies on Fidelity is subject to certain restrictions. While Fidelity allows short selling, there may be limitations on specific cryptocurrencies or trading pairs. It is recommended to check Fidelity's official website or contact their customer support for the most up-to-date information on short selling restrictions.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can short sell digital currencies on Fidelity, but there might be certain restrictions in place. Fidelity aims to provide a secure and regulated trading environment, which may include limitations on short selling certain cryptocurrencies. It's always a good idea to review Fidelity's terms and conditions or consult their support team for any specific restrictions.
  • avatarDec 26, 2021 · 3 years ago
    Short selling digital currencies on Fidelity is possible, but it's important to note that Fidelity is not the only platform for short selling. Other exchanges, such as BYDFi, also offer short selling options. However, it's crucial to understand the risks associated with short selling and to conduct thorough research before engaging in such trading strategies. Always consider your own risk tolerance and consult with a financial advisor if needed.