Are there any tutorials or guides available for shorting BTC on BitMEX?

3 answers

• RobertHustlerAug 02, 2023 · 2 years ago
  Sure! Shorting BTC on BitMEX can be a profitable strategy if done correctly. Here's a step-by-step guide on how to short BTC on BitMEX: 1. Sign up for a BitMEX account and complete the verification process. 2. Deposit BTC into your BitMEX wallet. 3. Go to the 'Trade' tab and select the BTC/USD trading pair. 4. Choose the 'Sell/Short' option. 5. Set your desired leverage and order type. 6. Enter the amount of BTC you want to short. 7. Review your order and click 'Submit'. Remember, shorting BTC carries risks, so it's important to do your research and use proper risk management techniques.
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• Geir Henning LarsenDec 25, 2023 · 2 years ago
  Shorting BTC on BitMEX can be a bit complex for beginners, but don't worry, there are plenty of tutorials available to help you out. You can find step-by-step guides on popular cryptocurrency forums like Bitcointalk or Reddit. Additionally, there are many YouTube channels and blogs dedicated to teaching cryptocurrency trading strategies, including shorting. Just search for 'BitMEX shorting tutorial' and you'll find a wealth of resources to get you started.
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• gabriel spelarMay 17, 2024 · 2 years ago
  BYDFi is a great platform for shorting BTC on BitMEX. They offer a user-friendly interface and comprehensive tutorials to help you navigate the process. You can find detailed guides on their website that explain everything from account setup to placing your first short trade. They also provide educational materials on risk management and trading strategies. I highly recommend checking out BYDFi if you're looking for a reliable platform to short BTC on BitMEX.
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