Since its inception, bitcoin has been counted among the highly valued currencies in online exchange. Its value has climbed by 230% (denominated in dollars) and turning out to be far more profitable trading option than stocks and commodities. However, there are people who believe that the value of their bitcoins may go down, so they decide/wonder to short them frequently. The question is how?
ForexMinute provides you with a series of answers to this question. One of the ways to short bitcoins is to use a currency pair; for instance, there are many bitcoin exchanges which have their contracts based on the BTC/USD, Gold/BTC and Crude (WTI)/BTC.
Shorting Bitcoins with a Bitcoin Chart
These are innovations which allow, to some degree, a method of shorting bitcoin with leverage (in the case of the Gold/BTC future contract) or going along with leverage on the BTC/USD (in the case of the BTC/USD future contract).
We thus provide you with the list of top bitcoin exchanges that works efficiently to short bitcoins. Some among them allows you to act like a broker and lets you lend bitcoins to other traders, while some assist you bet using futures, as explained above.
So if you want to short bitcoins, try and test our top exchange list, or prefer to buy trades in pairs. We work day and night to ease your queries by providing you with the best bitcoin resources.