![]() ![]() ![]() Let’s take a look at the fee table for Prime XBT and I will explain. The fees don’t change depending on which direction your trade is. Many people are asking, can you short-sell crypto with the same fees? I wanted to show you the fees on every exchange for short-selling cryptocurrency. The fee for short-selling cryptocurrencies on Prime XBT is 0.05% ![]() Once I learned how much leverage I was comfortable trading with I started making more steady gains while trading these altcoins. However, if you are an experienced trader you will benefit greatly from this high level of leverage. It’s easy to get stopped out with tight risk limits. These are some of the most popular coins on the market and they are providing high levels of leverage in all of them.įor some traders, I would not recommend trading with 100x leverage since it takes a lot of skill to manage entries.Įspecially since the crypto market is so volatile. On Prime XBT you will enjoy up to 100x leverage on all cryptocurrencies: I think this list of coins will increase over time as this trading platform is steadily increasing in popularity and it is a great platform for crypto day trading.Īs I mentioned before, to be able to short-sell crypto on an exchange, there has to be margin trading involved. Prime XBT supports short trading in 5 cryptocurrencies at the moment. Supported cryptocurrencies to short on Prime XBT Top 8 Crypto exchanges that allow shorting There are four unregulated options in the list below that have a high trust factor and are well equipped to help you short-sell the crypto market when it turns negative. A regulated exchange is always the preferred option but sometimes you won’t find the coin you are looking for and might have to use an unregulated platform. See our comparison below where we compare these platforms in detail. The best crypto exchanges that allow short selling are equipped with a robust trading interface, great order types, fast matching engines, a variety of payment methods, high security, and of course a good selection of cryptocurrencies.īelow is a list of the best bitcoin platforms that allow short selling: Which platform is best for shorting crypto? If you are in a hurry, check the exchange comparison table below. No matter if you are an experienced trader or just starting, this review will bring value to you. There will also be a step-by-step guide on how to short-sell crypto for each exchange. I will go through the top 8 crypto trading platforms that allow you to short-sell cryptocurrency. For our US readers, I recommend reading our guide on how to margin trade crypto in the USA. The second question I get asked is, how do you short crypto? Short-selling is often done on an exchange or platform that offers margin. These exchanges might be hard to find, and for beginner traders, it’s difficult to know where to look. Crypto exchanges that allow shorting are platforms that allow margin trading. A lot of new and more experienced traders are asking the same question, where can I short crypto? It is a great way for traders to make money with crypto daily if you know how it works.Ĭan you short crypto on any exchange? No, you can’t. If you have already learned how to analyze cryptocurrencies and you are sure that the market is going to fall, then you need to pick up a good crypto exchange that allows shorting. The best exchange to short crypto and bitcoin in 2022 is the one with a good variety of coins and good functionality. ![]()
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