How can I short on Gemini exchange?

1 answers

• Emerald15Apr 26, 2021 · 5 years ago
  Shorting on Gemini exchange is a popular strategy for traders looking to profit from a declining market. Here's how you can do it: 1. Sign in to your Gemini account or create a new one if you don't have an account yet. 2. Deposit funds into your account. 3. Navigate to the trading platform and select the cryptocurrency you want to short. 4. Choose the 'Sell' or 'Short' option to initiate the short position. 5. Specify the amount you want to short and set the desired leverage. 6. Review the order details and confirm the transaction. 7. Monitor the market closely and manage your short position accordingly. Keep in mind that shorting involves risks, and it's crucial to have a solid understanding of the market dynamics before engaging in such trades.
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