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What are the steps to take in order to short crypto on Coinbase?

avatarBiswajit mahantyDec 28, 2021 · 3 years ago1 answers

I want to short cryptocurrencies on Coinbase, but I'm not sure how to get started. Can you provide me with a step-by-step guide on how to short crypto on Coinbase?

What are the steps to take in order to short crypto on Coinbase?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    As an expert in the field, I can guide you through the process of shorting crypto on Coinbase. Here are the steps: 1. Log in to your Coinbase account. 2. Navigate to the 'Trade' section. 3. Select the cryptocurrency you want to short. 4. Click on the 'Sell' button. 5. Choose the 'Short' option. 6. Enter the amount you want to short and set your desired leverage. 7. Review your order details and click on the 'Confirm' button. 8. Voila! You've successfully shorted crypto on Coinbase. Remember, shorting crypto involves risks, so it's important to have a solid risk management strategy in place.