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How can I short cryptocurrencies on Binance mobile?

avatarAlperen TuefekçiDec 23, 2021 · 3 years ago5 answers

I want to know how to short cryptocurrencies on Binance mobile. Can you provide a step-by-step guide on how to do it?

How can I short cryptocurrencies on Binance mobile?

5 answers

  • avatarDec 23, 2021 · 3 years ago
    Sure! Shorting cryptocurrencies on Binance mobile is a straightforward process. Here's a step-by-step guide: 1. Open the Binance mobile app and log in to your account. 2. Navigate to the 'Trade' tab and search for the cryptocurrency you want to short. 3. Once you've found the cryptocurrency, tap on it to open the trading pair page. 4. On the trading pair page, you'll see the 'Buy' and 'Sell' buttons. Tap on the 'Sell' button. 5. In the 'Sell' section, you'll find an option to select the order type. Choose 'Margin' or 'Futures' depending on the available options. 6. Enter the amount of the cryptocurrency you want to short and set the desired leverage if applicable. 7. Review your order details and tap on the 'Sell' or 'Confirm' button to execute the short trade. That's it! You have successfully shorted a cryptocurrency on Binance mobile.
  • avatarDec 23, 2021 · 3 years ago
    Shorting cryptocurrencies on Binance mobile is super easy! Just follow these steps: 1. Launch the Binance mobile app and log in to your account. 2. Go to the 'Trade' section and search for the cryptocurrency you want to short. 3. Once you've found it, tap on the cryptocurrency to access the trading pair page. 4. On the trading pair page, you'll see the 'Sell' button. Tap on it. 5. In the 'Sell' section, select the appropriate order type, such as 'Margin' or 'Futures'. 6. Enter the amount of the cryptocurrency you want to short and set the leverage if necessary. 7. Take a moment to review your order details, and when you're ready, tap on the 'Sell' or 'Confirm' button to execute the short trade. Congratulations! You've successfully shorted a cryptocurrency on Binance mobile.
  • avatarDec 23, 2021 · 3 years ago
    To short cryptocurrencies on Binance mobile, you can follow these steps: 1. Open the Binance mobile app and log in to your account. 2. Navigate to the 'Trade' tab and search for the cryptocurrency you want to short. 3. Once you've found the cryptocurrency, tap on it to open the trading pair page. 4. On the trading pair page, you'll find the 'Sell' button. Tap on it. 5. In the 'Sell' section, choose the order type that allows shorting, such as 'Margin' or 'Futures'. 6. Enter the amount of the cryptocurrency you want to short and set the leverage if applicable. 7. Review your order details and tap on the 'Sell' or 'Confirm' button to execute the short trade. Please note that shorting cryptocurrencies involves risks, and it's important to do thorough research and consider your risk tolerance before engaging in such trades.
  • avatarDec 23, 2021 · 3 years ago
    Shorting cryptocurrencies on Binance mobile is a breeze! Here's how you can do it: 1. Fire up the Binance mobile app and log in to your account. 2. Head over to the 'Trade' section and search for the cryptocurrency you wish to short. 3. Once you've located the cryptocurrency, tap on it to access the trading pair page. 4. On the trading pair page, you'll spot the 'Sell' button. Give it a tap. 5. In the 'Sell' section, select the appropriate order type, such as 'Margin' or 'Futures'. 6. Input the amount of the cryptocurrency you want to short and set the leverage if needed. 7. Take a moment to double-check your order details, and when you're ready, tap on the 'Sell' or 'Confirm' button to execute the short trade. Voila! You've successfully shorted a cryptocurrency on Binance mobile.
  • avatarDec 23, 2021 · 3 years ago
    BYDFi is a great platform for shorting cryptocurrencies on Binance mobile. Here's a step-by-step guide: 1. Open the BYDFi app and log in to your account. 2. Navigate to the 'Trade' tab and search for the cryptocurrency you want to short. 3. Once you've found the cryptocurrency, tap on it to open the trading pair page. 4. On the trading pair page, you'll see the 'Sell' button. Tap on it. 5. In the 'Sell' section, select the order type that allows shorting, such as 'Margin' or 'Futures'. 6. Enter the amount of the cryptocurrency you want to short and set the leverage if applicable. 7. Review your order details and tap on the 'Sell' or 'Confirm' button to execute the short trade. Congratulations! You have successfully shorted a cryptocurrency on Binance mobile using BYDFi.