Post
Topic
Board Trading Discussion
Re: Methods for Shorting Altcoins with BTC
by
Henkkaa
on 25/02/2017, 14:57:27 UTC
Hey Guys,
I am coming back from a years-long hiatus from cryptos and am working on diving headlong back in. I am wondering what exchanges offer shorting and what the instruments are for this.
I basically want to use a short as a hedge while investing in altcoin-denominated investments/securities.
My long term investment goal is to grow my BTC position (regardless of current exchange rate in terms of USD).
Thanks for any help!
As far as I know, the most trusted exchange that offers shorting is Poloniex. If you haven't used it before, I recommend setting up an account there, as it is very easy. Correct me if I'm wrong, but Poloniex has the largest volume on all coins by far. Don't know what you mean by instruments, mind specifying a bit?