Short Bitcoin on the Futures Market
0Like other assets, bitcoin has a futures market. A buyer agrees to acquire a security with a contract that defines when and at what price the security will be sold in a futures trade. When you purchase a futures contract, you are wagering that the price of the security will climb, allowing you to get a good bargain on it later. If you sell a futures contract, it indicates a negative outlook and a prediction that the price of Bitcoin would fall. In this sense, you can short Bitcoin by purchasing contracts that bet on the cryptocurrency's price falling.
Bitcoin futures trading exploded with the end-of-year rally in cryptocurrency prices. It is currently accessible on a multitude of platforms. Bitcoin futures may be traded on the Chicago Mercantile Exchange (CME), the world's largest derivatives trading platform, as well as cryptocurrency exchanges. Bitcoin futures may be purchased or traded on major exchanges such as Kraken or BitMEX, as well as through well-known brokerages such as eToro and TD Ameritrade.
If you have access to platforms like FTX and BitMEX, you can also trade perpetual Bitcoin futures. Perpetual futures do not have expiration dates, allowing traders to create and forget positions or avoid rolling them.
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