Binance shorting

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    In investing, shorting, or short selling is a strategy that depends on the decline of the stock’s price. An investor borrows rather than purchases a stock that they believe will decrease in value in the future.

    The investor then sells the borrowed shares. If their strategy works, they will be able to buy the same stock at a lower price in the future and then return the shares that they borrowed.

    One could argue that users of the Binance cryptocurrency exchange do not use shorting in the real sense. However, some strategies that are reasonably similar to shorting are used on Binance.

    With bots and tools such as 3commas or Cryptohopper one can use strategies that are reasonably similar to short selling.

    Answered on August 8, 2019.
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