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Can OTC stocks be shorted on cryptocurrency exchanges?

avatarTARUN GOYALDec 26, 2021 · 3 years ago3 answers

Can I short sell OTC stocks on cryptocurrency exchanges?

Can OTC stocks be shorted on cryptocurrency exchanges?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, it is possible to short sell OTC stocks on some cryptocurrency exchanges. However, not all exchanges offer this feature. It is important to check with the specific exchange you are using to see if they support short selling of OTC stocks. Additionally, keep in mind that short selling can be a risky strategy and requires careful consideration of market conditions and risk management.
  • avatarDec 26, 2021 · 3 years ago
    Short selling OTC stocks on cryptocurrency exchanges can be a great way to profit from downward price movements. However, it is important to note that not all exchanges offer this feature. Make sure to research and choose an exchange that supports short selling of OTC stocks if you are interested in this trading strategy.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we do not currently support short selling of OTC stocks on our cryptocurrency exchange. However, there are other exchanges in the market that do offer this feature. It is important to do your own research and choose an exchange that aligns with your trading needs and preferences.