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What are the requirements for shorting Bitcoin Cash on Robinhood?

avatarClear Eye Total Eye CareDec 24, 2021 · 3 years ago3 answers

Can you please provide me with the detailed requirements for shorting Bitcoin Cash on the Robinhood platform? I am interested in knowing the specific criteria and steps involved in short selling Bitcoin Cash on Robinhood.

What are the requirements for shorting Bitcoin Cash on Robinhood?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    To short Bitcoin Cash on Robinhood, you need to have a Robinhood account and be approved for options trading. Additionally, you must have a sufficient amount of buying power in your account to cover any potential losses. Once you meet these requirements, you can place a short sell order for Bitcoin Cash on the Robinhood platform.
  • avatarDec 24, 2021 · 3 years ago
    Shorting Bitcoin Cash on Robinhood requires you to have a Robinhood Cash or Robinhood Instant account. You also need to be a Robinhood Gold subscriber to have access to margin trading. Once you have met these requirements, you can initiate a short sell order for Bitcoin Cash on the Robinhood app or website.
  • avatarDec 24, 2021 · 3 years ago
    When it comes to shorting Bitcoin Cash on Robinhood, you need to fulfill a few prerequisites. First, you must have a Robinhood account and be approved for options trading. Second, you need to have enough buying power in your account to cover any potential losses. Finally, you can place a short sell order for Bitcoin Cash on the Robinhood platform and potentially profit from a decline in its price.