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RE: Top 5 Crypto Exchanges that Allow Short Selling

in #bitcoin6 years ago

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A lot of people doesn't understand how this is working, but the logic behind it is very simple. To enter a short position, you'll need to borrow cryptocurrency and sell them at the current market price on an exchange. Then you'll have to go back and buy the cryptocurrency and pay back the money you borrowed. As a result, we purchase at market pricing and then refund the funds to our broker. I am making all the transactions on xerof, this platform is the best by far for the coins which I am using.