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How to short on Coinbase Pro?

avatarinventiondmDec 27, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to short on Coinbase Pro?

How to short on Coinbase Pro?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    To short on Coinbase Pro, follow these steps: 1. Log in to your Coinbase Pro account. 2. Navigate to the trading page and select the cryptocurrency you want to short. 3. Click on the 'Sell' button. 4. Choose the 'Margin Sell' option. 5. Enter the amount you want to short and set the desired leverage. 6. Review the order details and click 'Sell' to confirm the short position. Please note that shorting involves borrowing the cryptocurrency and selling it with the expectation of buying it back at a lower price. It's important to carefully consider the risks involved before engaging in short selling.