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Is it possible to short BTC?
by TYPE_FASTER 9y ago
Is it possible to short BTC?
- SimbaOnSteroids 9y agoIf you can find someone to take the opposite bet sure, why not?
- danmaz74 9y agoYes, but the counterparty risk - in case of a real crash - is pretty high IMHO. Anyway, a couple of ways to do so: You can short BTC using "USDT" on poloniex: https://poloniex.com https://poloniex.com (USDT is a cryptocurrency theoretically pegged to the USD, but their peg hasn't be very stable lately) Another way, which could in theory be better (or not) is using options: https://www.deribit.com/ https://www.deribit.com/
- icpmacdo 9y agoHow does one currency peg its self to another?