Shorting Bitcoin on Binance and Coinbase is akin to a high-stakes gamble where mastering margin trading and futures contracts is key to tilting the odds in your favor.from a broker, another trader or a crypto trading platform at the current market price and sells it promptly, aiming to buy it back at a lower price later, thereby profiting from the price difference.), traders take a loan from a trading platform, sell it, hoping its value will decline, and then repurchase it to repay the loan.
In “Cross” mode, the margin is shared across all trades, while in “Isolated” mode, each trade has an independent margin. These two margin modes have different maximum leverage ratios and support different borrowable assets.By providing collateral, traders give Binance guarantees that they will cover their losses if the price of Bitcoin increases.
Once the transfer is confirmed, the selected amount of Bitcoin will be transferred to the Cross or Isolated margin account.To borrow money and start trading, click “Borrow.” In “Isolated Margin” mode, traders also need to select a trading pair such as BTC/USDC before reviewing the terms and conditions, selecting the amount, and clicking “Confirm borrow.”
The absence of regulation in the cryptocurrency market increases investors’ vulnerability to manipulation and fraud, thereby contributing to the downside risk of erratic price swings. In addition, anyone who trades on cryptocurrency exchanges could potentially lose funds or experience trading activity disruptions due to cyberattacks, which undermines short positions.
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