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Are there any restrictions or requirements for shorting crypto on Coinbase Pro?

avatarNURUL AFIA ABD. MAJIDDec 28, 2021 · 3 years ago3 answers

What are the restrictions or requirements for shorting cryptocurrencies on Coinbase Pro? Can anyone participate in short selling, or are there certain criteria that need to be met?

Are there any restrictions or requirements for shorting crypto on Coinbase Pro?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Shorting cryptocurrencies on Coinbase Pro is subject to certain restrictions and requirements. To participate in short selling, you need to have a Coinbase Pro account and meet the eligibility criteria set by the platform. These criteria may include factors such as account age, trading volume, and account verification. Additionally, there may be specific restrictions on the cryptocurrencies available for shorting, as Coinbase Pro may only support short selling for certain coins or tokens. It is recommended to review the platform's terms of service and guidelines for short selling before engaging in such activities.
  • avatarDec 28, 2021 · 3 years ago
    Short selling cryptocurrencies on Coinbase Pro is not available to everyone. To be eligible for shorting, you need to meet certain requirements and have a verified Coinbase Pro account. The platform may have restrictions on the types of cryptocurrencies that can be shorted, and these restrictions can vary over time. It is important to check the platform's guidelines and terms of service to understand the specific requirements and restrictions for short selling on Coinbase Pro.
  • avatarDec 28, 2021 · 3 years ago
    Shorting cryptocurrencies on Coinbase Pro is subject to restrictions and requirements. While I can't speak specifically for Coinbase Pro, I can provide some general information. Typically, to engage in short selling, you need to have a verified trading account on the platform and meet any additional eligibility criteria set by the exchange. These criteria may include factors such as account age, trading volume, and compliance with KYC (Know Your Customer) requirements. It's important to review the platform's documentation and guidelines for short selling to understand the specific restrictions and requirements that apply.