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Is there any way to short BTC/USD? I'm not going to, I'm just curious if anyone provides options for these speculative assets.
by Fej 9y ago
Is there any way to short BTC/USD?
I'm not going to, I'm just curious if anyone provides options for these speculative assets.
- ac29 9y agoBitfinex will let you do that, among other more advanced trading tools. Disclaimer: I've never used them and don't know how credible they are. In my mind everyone in the Bitcoin space should be approached with caution.
- bdcravens 9y agoBitfinex has had issues processing US bank deposits and withdrawals for a few months. https://www.bitfinex.com/posts/203 https://www.bitfinex.com/posts/203
- zdkl 9y agoDue tu the fact they lost/were stolen 70$M of BTC last august (which they apparently repaid to their customers over the following 8 months).
- jameskegel 9y agoAre you talking about Recovery Tokens?
- aianus 9y agoThe tokens were cashed out a few months ago. I was made entirely whole and subsequently withdrew everything successfully.
- patrickk 9y agoPoloniex let's you do something very close: short BTC/USDT. USDT is a digital currency called Tether[1], one unit of which is approximately equal to $1. Why not allow deposits of USD instead of the USDT workaround, you may ask? My theory is so that the exchange is not subject to the same level of oversight as it would if it accepted dollars - look at the BTC-e situation for example. What's amazing about Poloniex is that they're one of the most popular Bitcoin/altcoin exchanges, and almost nothing is known about those running it (it's US based). [1] https://coinmarketcap.com/assets/tether/ https://coinmarketcap.com/assets/tether/
- discombobulate 9y ago> USDT is a digital currency called Tether[1], one unit of which is approximately equal to $1. Is Tether a centralised currency or a crypto currency? I've been long-only, thus far.