What are the requirements for shorting on Binance.us?

Can you please provide the detailed requirements for shorting on Binance.us? I would like to know what I need to do in order to short cryptocurrencies on the Binance.us platform.

3 answers
- To short on Binance.us, you need to have a verified account with level 2 or higher verification. This means you need to provide your personal information, including your name, address, and identification documents. Additionally, you need to have sufficient funds in your account to cover the margin requirements for shorting. Binance.us also has specific requirements for each cryptocurrency that can be shorted, so make sure to check the individual requirements for the cryptocurrency you are interested in shorting.
Mar 18, 2022 · 3 years ago
- Shorting on Binance.us requires you to have a verified account and meet the minimum margin requirements. You will need to provide your personal information and go through the verification process to access shorting features. It is important to note that shorting involves borrowing assets and selling them, so you need to have enough funds in your account to cover the borrowed assets. Make sure to familiarize yourself with Binance.us's shorting policies and guidelines before engaging in shorting activities.
Mar 18, 2022 · 3 years ago
- Shorting on Binance.us is subject to certain requirements. You need to have a verified account with level 2 or higher verification. This involves providing your personal information and going through the verification process. Additionally, you need to have sufficient funds in your account to cover the margin requirements for shorting. Binance.us has a variety of cryptocurrencies available for shorting, each with its own specific requirements. Make sure to review the requirements for the specific cryptocurrency you want to short before proceeding.
Mar 18, 2022 · 3 years ago
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