In today's announcement, Binance notes that margin trading β which allows exchange account holders to use their existing balances as collateral to open both long and short positions on crypto assets β can significantly amplify profit potential as compared with regular trading.
At all events, how do you do a short Cryptocurrency on a Binance?
Tutorial: how to short on Binance
Ο»Ώis it true, can you short Bitcoin on Coinbase pro? Some exchanges, such as Coinbase Pro, do not offer shorting via margin trading (Coinbase Pro FAQ). Although this is subject to change as GDAX (prior branding of Coinbase Pro) did offer it in the past.
Come what may, can you leverage trade on Binance?
On Binance Futures, traders can trade with leverage between 1-125x on our crypto perpetual contracts (20x by default). The maximum amount of leverage available for users depends on the notional value of their position. Generally, the larger the position, the lower the leverage allowed.
Can you short on Kraken?
You can go short and still support the coin you're shorting!!! I hold a bit of Ethereum on the Kraken account I'm using for this tutorial specifically so that I can short it and build up the position! People seem to have this idea that if you're going short you're going against the coin.