How to Short Crypto on Binance - Beginner’s Guide To Shorting
4💡 In margin trading, “Short” refers to selling at a high price, then buying at a lower price. In this way, you can earn a profit from the price difference.
Binance is one of the world's largest cryptocurrency exchanges; this tutorial covers the simple method for depositing fiat currency on account to buy bitcoin with Binance and a brief overview of cryptocurrency trading on Binance. How to buy bitcoin, convert crypto and other Binance basics for beginners including cryptocurrency staking (Binance earn).
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▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
0:00 - Shorting Background Theory
2:39 - Shorting Example
3:51 - Binance Sign Up
4:35 - Buy/Deposit Crypto
5:03 - Enter Short Position
6:00 - Monitor Position
6:27 - Exit Short Position
6:47 - Conclusion Pros & Cons
Disclaimer: This video is for informational purposes only. It is not financial advice and is not an endorsement of any provider, product or service. All trading involves risk.
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