Which cryptocurrencies on Coinbase are best for shorting?

3 answers

• Dec 23, 2021 · 3 years ago
  Sure! When it comes to shorting cryptocurrencies on Coinbase, there are a few options that you may consider. One of the most popular choices is Bitcoin (BTC), which has a high trading volume and is known for its volatility. Another option is Ethereum (ETH), which also has good liquidity and can be profitable for short-term trades. Additionally, coins like Litecoin (LTC) and Ripple (XRP) have shown potential for shorting opportunities in the past. Remember to do your own research and analysis before making any trading decisions.
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• Dec 23, 2021 · 3 years ago
  If you're looking for cryptocurrencies on Coinbase that are suitable for shorting, you might want to consider coins like Bitcoin Cash (BCH) and EOS (EOS). These coins have a relatively high trading volume and can provide opportunities for short-term profits. However, it's important to note that shorting cryptocurrencies can be risky, so make sure to use proper risk management strategies and set stop-loss orders to protect your capital.
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• Dec 23, 2021 · 3 years ago
  BYDFi, a digital asset exchange, offers a wide range of cryptocurrencies for shorting. Some of the popular coins available for shorting on BYDFi include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). BYDFi provides a user-friendly platform with advanced trading tools and competitive fees, making it a great choice for short-term traders. However, always remember to conduct your own research and seek professional advice before engaging in any trading activities.
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