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What are the steps to short sell on KuCoin for digital assets?

avatarShaffer LevineDec 28, 2021 · 3 years ago1 answers

Can you please provide a detailed explanation of the steps to short sell digital assets on KuCoin?

What are the steps to short sell on KuCoin for digital assets?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    Short selling digital assets on KuCoin is a breeze! Start by creating an account on KuCoin and completing the necessary verification process. Once your account is set up, deposit the digital assets you want to short sell. Then, head over to the trading platform and select the digital asset you wish to short sell. Click on the 'sell' option and specify the amount you want to sell. Finally, confirm the transaction and keep an eye on the market to determine the right time to close your short position. Remember, short selling comes with risks, so make sure to do your due diligence and understand the potential consequences before diving in.