Hi
I used to short at bitfinex and have some idea how to short BTC but I had to close the account at bitfinex for some reason
Now I tried shorting at binance but unlike bitfinix I actually had to "Borrow" funds at a cost despite I have sufficient USDT in wallet.
Am I going in right direction or is there any other way to short without actually taking borrow.
Borrowing to trade is also one of the ways you can earn more but it is a double-edged sword and you must know how to use it. If the trade is unsuccessful, you will have to pay more interest on Binance. In general, if you feel this is a good opportunity to hit big then you should borrow exchange and take a big shot. I wish you good luck. I used to short at bitfinex and have some idea how to short BTC but I had to close the account at bitfinex for some reason
Now I tried shorting at binance but unlike bitfinix I actually had to "Borrow" funds at a cost despite I have sufficient USDT in wallet.
Am I going in right direction or is there any other way to short without actually taking borrow.
