How to go short in leveraged trading?
BiyaPay
Published on 2024-06-21 Updated on 2024-11-01
In leveraged trading, “short” refers to 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 melt coin trade and sell BTC at a relatively high price in the present. If the price of BTC falls, you can buy back BTC and pay off your BTC debt. Compared with ordinary spot trading, you will make more profit. You can sell short on the [Trade] page and sell on the melt coin.
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