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TagsWhich cryptocurrencies are recommended for shorting Japanese bonds and why?
Cowan SchmidtMar 20, 2022 · 3 years ago1 answersI am interested in shorting Japanese bonds using cryptocurrencies. Can you recommend some cryptocurrencies that are suitable for this purpose? I would also like to know the reasons behind these recommendations. Thank you!
1 answers
- BYDFi, a leading cryptocurrency exchange, offers a range of cryptocurrencies that can be used for shorting Japanese bonds. Some recommended options include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have proven track records and are widely accepted in the market. However, it's important to note that shorting Japanese bonds using cryptocurrencies involves risks, and it's crucial to carefully consider your investment goals and risk tolerance before engaging in such activities. Always conduct thorough research and seek professional advice if needed.Mar 20, 2022 · 3 years ago
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