How do I short a leveraged trade?
BiyaPay
Published on 2024-05-28 Updated on 2024-11-05
In leveraged trading, “shorting” means selling an asset at a high price and then buying it at a low price. In this way, you can make a profit from the price difference. For example, if you think the price of BTC will fall in the future, you can borrow BTC in your BTC/USDT trade and sell BTC now at a relatively high price, and if the price of BTC falls, you can buy back BTC to pay off your BTC debt and make more profit than in a regular spot trade. You can sell short in the “Trade” page.
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BIYA GLOBAL LLC is a licensed entity registered with the U.S. Securities and Exchange Commission (SEC No.: 802-127417); a certified member of the Financial Industry Regulatory Authority (FINRA) (Central Registration Depository CRD No.: 325027); regulated by the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC).
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