common-close-0
BYDFi
Trade wherever you are!

What is the process for putting in a short order on Bybit?

avatarManny WannemakerDec 15, 2021 · 3 years ago1 answers

Can you explain the step-by-step process for placing a short order on the Bybit platform? I'm new to trading and would like to understand how to go about it.

What is the process for putting in a short order on Bybit?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    When it comes to placing a short order on Bybit, the process is quite straightforward. Here's what you need to do: 1. Log in to your Bybit account and navigate to the trading interface. 2. Choose the trading pair you wish to trade. 3. Click on the 'Sell/Short' button to initiate a short order. 4. Specify the quantity of the cryptocurrency you want to sell short. 5. Set the leverage for your trade. 6. Select the order type (market, limit, or conditional). 7. Review your order details and click on the 'Confirm' button to place the short order. That's it! Your short order will be executed based on the market conditions and your chosen parameters.