Like I said, I couldn’t figure it out. I’m sure there are some less than reputable sites where it’s as risky to do a short as it is to put your money in the platform lol
Now that I think about it I probably could have found some sort of gambling site that did the equivalent. “Pays out X if Trump’s griftcoin dips below Y by [date].”
You can borrow crypto these days?
Like I said, I couldn’t figure it out. I’m sure there are some less than reputable sites where it’s as risky to do a short as it is to put your money in the platform lol
Now that I think about it I probably could have found some sort of gambling site that did the equivalent. “Pays out X if Trump’s griftcoin dips below Y by [date].”
Its easy but risky
Liqudates your assets (on kraken) if the leverage crosses a threshold
Just use the (free) kraken pro site
Long short etc
Read their docs
Looks like the big crypto exchanges allow you to borrow/short sell.
There are crypto companies that are publicly traded as well as crypto ETFs. You could short sell those.
Personally,I wouldn’t risk it with how crazy crypto is. It’s seems way too easy to manipulate.
Kraken