Is it possible to short on Binance without leverage?

3 answers

• Dec 28, 2021 · 3 years ago
  Yes, it is possible to short sell cryptocurrencies on Binance without using leverage. When you short sell without leverage, you are essentially borrowing the cryptocurrency from the exchange and selling it, with the expectation that the price will decrease. If the price does decrease, you can buy back the cryptocurrency at a lower price and return it to the exchange, making a profit. However, it's important to note that short selling without leverage can be risky, as you are exposed to the full price movement of the cryptocurrency.
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• Dec 28, 2021 · 3 years ago
  Definitely! You can short sell on Binance without leverage. It's a great way to profit from a falling market. Just make sure you have a good understanding of the risks involved and set appropriate stop-loss orders to manage your risk. Happy short selling!
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• Dec 28, 2021 · 3 years ago
  Short selling without leverage is indeed possible on Binance. However, it's important to note that Binance does not offer a native short selling feature. To short sell without leverage on Binance, you can use third-party platforms like BYDFi, which provide the functionality to short sell cryptocurrencies on Binance without leverage. Make sure to do your own research and choose a reliable platform for short selling.
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