Can Cryptocurrencies Be Shorted?steemCreated with Sketch.

in #bitcoin9 years ago

Technical question for all my crypto peeps out there. Is there any mechanism that allows one to short sell cryptocurrencies right now? The only way I can think if will be whenever the Winkleross' bitcion ETF is launched, the fund could be shorted. Is there any other way currently though? If not, would the ability to short be a positive for the crypto market in the long run? I'm not asking because I see an opportunity to short right now or anything, I'm just curious.

Sources:
https://moneypalm.in/understanding-short-selling-in-the-stock-market/

Coin Marketplace

STEEM 0.05
TRX 0.33
JST 0.079
BTC 63953.57
ETH 1690.68
USDT 1.00
SBD 0.42