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Yeah and it probably also has the best liquidity. If I recall correctly, they have some guide on their site that explains it all. Basically, with shorting you borrow BTC from someone on the site for a certain interest rate. Subsequently, you sell them and if the price declines you buy them back to realize your profit.
Yeah and it probably also has the best liquidity. If I recall correctly, they have some guide on their site that explains it all. Basically, with shorting you borrow BTC from someone on the site for a certain interest rate. Subsequently, you sell them and if the price declines you buy them back to realize your profit.
Do you have a referral number?
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I also think BTC is due for a correction but you can never be 100% sure. Shorting is dangerous. If your only goal is to buy more XMR why not just buy more XMR now instead of shorting BTC?
I also think BTC is due for a correction but you can never be 100% sure. Shorting is dangerous. If your only goal is to buy more XMR why not just buy more XMR now instead of shorting BTC?
I'm a gambler, If I short and win and XMR prices stay sideways (I think that likely during my shorting period) then I get MOAR XMR!!!!
Mohahahahaha.
Actually I would get alot more if I didn't get sucked out on in a couple 1500 dollar pots last week and just bought instead. @$!$##!@
I looked through my account, but can't find a referral link anywhere :-P
Bummer.
Anyone got a Referral number for Bitfinex? Setting up acct now just waiting on a number. Not sure what it pays there.
EDIT:
This is how to find it.
https://www.reddit.com/r/BitcoinMarkets/comments/1z5oa1/where_to_find_referral_code_on_bitfinex/
Quote
https://www.bitfinex.com/representatives - you need to have this enabled manually on your account though.
You'll see someting like this then:
Your representative account is ACTIVE
Your referrer code (give this code to your affiliates when they register on Bitfinex) x5K9YtL3Zb
Currency to receive income USD
The affiliate program gives you access to the following benefits:
x% on affiliates' trading fees
x% on affiliates' lending fees
Bitfinex reserves the right to make adjustments or changes to the affiliate program.
Feel free to use my code or just contact Bitfinex, maybe they'll enable your account too.
You'll see someting like this then:
Your representative account is ACTIVE
Your referrer code (give this code to your affiliates when they register on Bitfinex) x5K9YtL3Zb
Currency to receive income USD
The affiliate program gives you access to the following benefits:
x% on affiliates' trading fees
x% on affiliates' lending fees
Bitfinex reserves the right to make adjustments or changes to the affiliate program.
Feel free to use my code or just contact Bitfinex, maybe they'll enable your account too.