Which cryptocurrencies can be shorted on Coinbase?
Erika RodriguezJan 14, 2022 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that can be shorted on Coinbase? I'm interested in knowing which digital currencies are available for short selling on the Coinbase platform.
3 answers
- Jan 14, 2022 · 3 years agoSure! On Coinbase, you can currently short sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). These are the main cryptocurrencies available for shorting on Coinbase. It's important to note that availability may vary depending on your location and the specific regulations in place.
- Jan 14, 2022 · 3 years agoAbsolutely! Coinbase allows short selling of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). These are some of the most popular cryptocurrencies that you can short on Coinbase. Keep in mind that short selling involves borrowing the cryptocurrency and selling it in the hope of buying it back at a lower price, so it's a strategy for profiting from price declines.
- Jan 14, 2022 · 3 years agoYes, you can short sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) on Coinbase. However, it's worth mentioning that there are other platforms and exchanges that offer a wider range of cryptocurrencies for shorting. If you're specifically looking for more options, you might want to consider checking out BYDFi, which is known for its diverse selection of shortable cryptocurrencies.
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