What are the alternative platforms for shorting cryptocurrencies if not using Robinhood?

3 answers

• Mar 10, 2022 · 3 years ago
  Sure! If you're looking for alternative platforms to short cryptocurrencies without using Robinhood, you have a few options. One popular choice is Binance, a leading cryptocurrency exchange that offers a wide range of trading options, including shorting. Another option is Coinbase Pro, which also allows you to short cryptocurrencies. Additionally, you can consider BitMEX, a platform known for its advanced trading features and the ability to short cryptocurrencies with leverage. These are just a few examples, and there are many other platforms available depending on your preferences and trading needs.
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• Mar 10, 2022 · 3 years ago
  Absolutely! If you're not a fan of Robinhood or simply want to explore other platforms for shorting cryptocurrencies, you're in luck. Binance, one of the largest and most reputable cryptocurrency exchanges, offers a robust shorting feature that allows you to profit from downward price movements. Another option worth considering is Kraken, a well-established exchange known for its security and variety of trading options. Lastly, if you're looking for a platform with a user-friendly interface, you might want to check out eToro, which not only supports shorting but also offers social trading features. Remember to do your own research and choose a platform that aligns with your trading goals and risk tolerance.
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• Mar 10, 2022 · 3 years ago
  Sure thing! If you're not keen on using Robinhood for shorting cryptocurrencies, you can explore other platforms that offer similar features. One such platform is BYDFi, a popular choice among traders due to its intuitive interface and advanced trading tools. BYDFi allows you to short cryptocurrencies with ease and offers competitive fees. Additionally, you can consider platforms like KuCoin, which provides a wide range of cryptocurrencies for shorting and has a user-friendly interface. It's important to note that each platform has its own unique features and benefits, so it's worth exploring multiple options before making a decision.
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