5 Best Exchanges To Short Crypto

BYDFi comes in on first place as the best exchange to short crypto thanks to low contract fees and plenty of crypto trading-pairs to short sell. Keep reading to learn more about each platform in our top list and what our review process looks like to find these exchanges.

Best exchange to short crypto list

The qualified crypto exchanges that allow shorting are gathered in our top list below:

1. BYDFi - Best exchange to short crypto (traders from USA accepted)
2. Bybit - Option to short with options, futures, or perpetual contracts
3. Binance - Great for short selling altcoins
4. Phemex - Best app for shorting crypto
5. MEXC - Lowest fees for shorting crypto

Below is a full overview of each platform that explains more in detail how shorting works and what to consider..

(This article is not meant as financial advice. In some parts of the article we have added affiliate links in which we earn a commission, at no extra cost for you.)

Top platforms to short crypto and bitcoin reviewed

Our professional team of testers have nearly 30 years of experience in the field of crypto trading and exchange platforms.

During our comprehensive testing period, our team looked at these factors to separate the best bitcoin exchanges to short crypto:

• Short contracts
• Short fees
• Short trading pairs
• Trading tools for shorting
• Risk management tools for shorting
• Available short leverage

1. BYDFi - Best exchange to short crypto overall

Bityard came out on top as the most popular and the best exchange to short crypto and bitcoin. Bityard offers a comprehensive range of features tailored to suit the needs of short-term traders. From user-friendly short contracts and competitive fees to a diverse selection of short trading pairs and robust risk management tools, Bityard has positioned itself as the go-to platform for shorting digital assets.

Bityard boasts a competitive fee structure for shorting activities, ensuring traders can maintain their profitability even in turbulent market conditions. Lower fees of 0.06% contribute to a higher return on investment and attract both seasoned and new short traders.

The trading fees for shorting crypto on BYDFi are very suitable for short-term traders. During our testing period of the exchange, Matt entered 50 trades, 25 buy 25 sell orders, and spend an average of $5 with a position size of $10,000. He found this much cheaper than many other similar competitors.

At Bityard, traders have access to an extensive list of short trading pairs. Besides the popular BTC/USDT, ETH/USDT, and XRP/USDT pairs, Bityard offers numerous other cryptocurrency pairs, allowing traders to diversify their shorting strategies and hedge against specific market risks effectively.

Additionally, Bityard's margin trading features enable traders to control and mitigate their risk exposure effectively through the use of isolated margin which isolated the margin capital to one position only to avoid acount-wide liquidation.

Bityard offers a competitive leverage ratio for short trading activities. Depending on the specific cryptocurrency and trading pair, the exchange provides leverage ranging from 2x to 200x.

Why we picked it

One of the key factors that set Bityard apart is its wide selection of supported cryptocurrencies available for shorting. From the major players like Bitcoin (BTC) and Ethereum (ETH) to altcoins with potential, Bityard offers a diverse range of trading options to cater to various strategies. This together with a high security makes BYDFi a top platform to short bitcoin and other crypto coins.

How to short crypto on BYDFi

To short crypto on BYDFi, follow these steps:

• Create an Account: If you don't have an account on Bityard, you'll need to sign up first using the “Get Started” button.
• Complete Verification (if necessary): Depending on your region and local regulations, Bityard may require you to complete the verification process to access all the platform's features.
• Deposit Funds: After successfully registering and verifying your account (if required), proceed to deposit funds into your Bityard account.
• Navigate to Trading Section: Once your account is funded, go to the trading section of the platform. Look for the "Derivatives” button in the main menu and select either USDT-M, COIN-M, or LITE contracts.
• Choose a Crypto Pair: Select the cryptocurrency pair you wish to short. For instance, if you want to short Bitcoin, look for the BTC/USDT trading pair.
• Select "Short" Position: In the trading interface, you'll see options for "Buy" and "Short" orders. To short a cryptocurrency, you need to place a "Short" order.
• Select position size: Enter the size of the cryptocurrency you want to short in the relevant field. You can also adjust the leverage level at this stage.
• Review and Confirm: Double-check all the order details, including the amount, leverage, and stop-loss level.
• Monitor and Manage the Trade: After executing the short trade, you can monitor its progress on the "Open Orders" or "Positions" section of the trading page.
• Close the Short Position: When you believe the price has reached your desired target, or if the market moves against your short position, you can close the trade to secure your profits or limit losses. Go to the "Open Orders" or "Positions" section and find the option to "Close" the position.

Pros and cons

Pros:

1. Adjustable stop-loss orders
2. Technical indicators
3. No minimum deposit requirement
4. High liquidity for major pairs
5. Transparent funding rates
6. Low slippage during short trades

Cons:

1. Limited fiat withdrawal options
2. Margin call execution time
3. Limited educational webinars
4. Limited market depth for some pairs

(The pros and cons are our own opinions of the BYDFi exchange and were acquired during our standard review and testing procedure done by Emma, Toby, and Matt)

Visit BYDFi>>

2. Bybit - Best exchange that allows shorting Bitcoin

When it comes to shorting cryptocurrencies and Bitcoin, Bybit is considered a the top crypto exchange that allows shorting for traders seeking advanced tools, competitive fees, and a comprehensive range of shorting options. Bybit offers an intuitive platform with impressive risk management features, making it a go-to exchange for those looking to capitalize on downward price movements.

Bybit provides users with various short contract options such as perpetual contracts, which means there is no fixed expiration date and you can hold your short positions open indefinitely.

Bybit boasts a competitive fee structure, making it more attractive for shorting than many other exchanges. The fee for trading short contracts is typically a fraction of the trading volume. As of September 2021, Bybit's fee structure ranged from 0.075% to 0.0755% for the taker (market order) and -0.025% to -0.0255% for the maker (limit order), indicating that market makers actually receive a rebate for providing liquidity.

Bybit offers an extensive selection of short trading pairs, allowing traders to short various cryptocurrencies against USDT, a stablecoin pegged to the US Dollar. The available short trading pairs included BTC/USDT, ETH/USDT, XRP/USDT, and many others, covering major cryptocurrencies and popular altcoins.

Emma has tested several of the most popular trading pairs on Bybit during our analysis of the platform and she found that there was less than 0.001% slippage on each currency pari such as ADA/USDT, BNB/USDT, and XRP/USDT.

Bybit provides a liquidation price calculator, enabling traders to determine their potential liquidation point based on their leverage and position size. Additionally, the platform supports conditional orders like Stop-Limit and Take Profit, allowing traders to set specific exit points to lock in gains or minimize losses.

Bybit offers leverage options ranging from 1x to 100x for different cryptocurrencies. Traders can adjust their leverage according to their risk tolerance and market expectations.

Why we picked it

As experienced traders ourselves, we recognize the importance of risk management in the volatile world of cryptocurrencies. Bybit places a strong emphasis on risk management, providing you with essential tools to protect your capital. Our liquidation price calculator empowers you to set appropriate leverage and position sizes, ensuring you have a clear understanding of your potential risks. Additionally, you can utilize conditional orders like Stop-Limit and Take Profit to exit positions strategically and safeguard your gains.

How to short crypto on Bybit

Shorting crypto on Bybit is a straightforward process, follow this guide to get started:

• Sign Up: Start by signing up with a new account, click on the “Sign Up” button..
• Deposit Funds: Deposit funds into your Bybit account using cryptocurrencies like Bitcoin or other supported options under the “Asset” tab.
• Choose a Shorting Trading Pair: On Bybit, you can short various cryptocurrencies against USDT. For example, if you want to short Bitcoin, choose the BTC/USDT trading pair.
• Select Short Contract: Bybit offers perpetual contracts, which means there is no fixed expiration date. Click on the "Trade" tab and select the "Inverse Perpetual" contract for the chosen trading pair.
• Choose Leverage: Determine the leverage you wish to use for your short position. Be cautious with leverage, as it amplifies both profits and losses.
• Place a Short Order: In the trading interface, you'll find options for "Market" and "Limit" orders. If you want to open a short position at the current market price, choose a "Market" order. If you want to set a specific price for your short entry, choose a "Limit" order.
• Set Stop-Loss and Take-Profit: Set a stop-loss order to automatically close your short position if the price moves against you beyond a certain level. Similarly, set a take-profit order to secure your profits when the price reaches your desired target.
• Review and Confirm: Before placing your short order, review all the details, including contract size, leverage, order type, and stop-loss/take-profit settings.

Take your time to learn and practice on Bybit's demo account before shorting crypto or Bitcoin with real funds.

Pros and cons

Pros:

1. Perpetual contracts
2. Risk management tools
3. User-friendly interface
4. Liquidation price calculator
5. Seamless deposits/withdrawals
6. Advanced order types: Conditional orders
7. Quick account registration
8. Auto-deleveraging protection

Cons:

1. US traders are not accepted
2. No native token ecosystem
3. Limited fiat deposit methods
4. High leverage risk
5. Learning curve for beginners

(The pros and cons are our own opinions of the Bybit exchange and were acquired during our standard review and testing procedure done by Emma, Toby, and Matt)

Visit Bybit>>

3. Binance - Best exchange to short altcoins

Binance is a top exchange that offers short selling with crypto and altocoins due to a combination of comprehensive features, robust trading tools, and attractive leverage options.

Binance offers a wide range of Short contracts that allow traders to profit from declining crypto and Bitcoin prices. These contracts are designed to mirror the price movements of the underlying assets while enabling traders to take short positions and capitalize on bearish market trends.

Binance boasts competitive Short fees, making it cost-effective for traders to execute shorting strategies. The exchange charges an average Short contract fee of 0.02% for maker orders and 0.04% for taker orders, providing a cost-efficient solution for shorting positions.

Binance provides an extensive array of Short trading pairs, allowing traders to short a wide variety of cryptocurrencies and Bitcoin against stablecoins like USDT, BUSD, and more.

Binance offers a suite of advanced trading tools. Features like real-time market data, customizable charts, technical analysis indicators, and stop-limit orders enable traders to make informed decisions and optimize their short positions.

During our testing period of Binance, Toby tested out all the features on the trading interface and found that the real-time data delivers all the buy and sell prices with less than 12ms delay.

Binance equips traders with effective risk management tools like stop-loss orders, take-profit orders, and trailing stop orders help traders mitigate potential losses and secure profits when shorting crypto and Bitcoin. Binance also offers leverage of up to 125x on certain trading pairs and up to 50x and 100x leverage on altcoins.

Why we picked it

Binance excels in user friendliness and security, boasting an intuitive and user-first interface that caters to both seasoned traders and newcomers. Navigating the platform and executing sell orders is a seamless experience, ensuring that you can efficiently manage your crypto assets without any unnecessary hassle. Keeping most crypto assets in cold storage is a fundamental part of the safety feature on Binance.

How to short crypto on Binance

Shorting crypto on Binance involves selling an asset you don't currently own with the anticipation that its price will decrease.

Follow these steps to get started:

• Sign Up: Visit the official website of Binance and click on the “Register” button.
• Deposit Funds: Deposit the cryptocurrency or fiat currency you wish to use for shorting into your Binance account. You'll need sufficient funds to cover the potential losses in case the asset's price goes up instead of down.
• Choose a Trading Pair: Select the cryptocurrency you want to short from the available trading pairs. For example, if you want to short Bitcoin, you can choose the BTC/USDT trading pair (where USDT is a stablecoin pegged to the US dollar).
• Select the Short Order: After choosing the trading pair, scroll down to the trading section and find the "Sell" or "Short" section, depending on the layout of the platform. Here you'll be able to enter the amount of the cryptocurrency you want to short.
• Choose the Leverage: Binance allows you to trade with leverage, which means you can borrow funds from the exchange to increase your position size. The maximum leverage is 125x which is not recommended to beginners.
• Review and Confirm: Double-check all the details of your short order, including the trading pair, amount, and leverage. Ensure everything is correct, as trades cannot be undone once executed. Now click “Short”.
• Monitor Your Position: After placing your short order, you can monitor your position in the "Open Orders" or "Order History" section of the trading platform.
• Manage Your Risk: To mitigate potential losses, set up stop-loss and take-profit orders. A stop-loss order automatically sells your short position if the price rises to a certain level, limiting your losses.

Pros and cons

Pros:

1. Advanced API features
2. Continual platform updates
3. Advanced charting tools
4. Trustworthy reputation
5. Diverse payment methods
6. Global presence

Cons:

1. Complex interface for beginners
2. Past security breach incidents
3. Withdrawal fees
4. Possible market manipulation risks

(The pros and cons are our own opinions of the Binance exchange and were acquired during our standard review and testing procedure done by Emma, Toby, and Matt)

Visit Binance>>

4. Phemex - Best platform to short crypto futures contracts

Phemex is a top exchange for shorting cryptocurrencies and Bitcoin due to its comprehensive suite of features tailored explicitly for short traders.

Phemex offers perpetual contracts for many different cryptocurrencies, including Bitcoin, Ethereum, and altcoins such as AAVE, SAND, and XLM. Since perpetual contracts don’t have an expiration date, you can hold the position open as long as you want. This feature ensures that short traders can capitalize on price movements without the time constraints associated with traditional futures contracts.

Phemex boasts an attractive fee structure, particularly for short positions. The exchange charges a maker fee of 0.025% and a taker fee of 0.075%, making it highly cost-effective for those seeking to profit from downward price movements.

When our team tested the Phemex platform, Emma found the maker fee model to be particularly effective saving her over $20 for every 10th trade she took compared to other similar crypto exchanges. This was very beneficial cost-effective over the course of the whole trading day.

Popular trading pairs like BTC/USD, ETH/USD, and XRP/USD, along with various altcoin pairs such as MATIC/USDT, ADA/USDT, and ARBUSDT. Phemex provides a user-friendly and powerful trading interface with advanced charting tools and technical indicators.

Phemex equips users with robust risk management tools that include stop-loss orders, take-profit orders, and trailing stop orders, which help mitigate potential losses and lock in profits during price swings.

Phemex offers flexible leverage options, granting traders the ability to adjust their exposure according to their risk tolerance. Currently, the platform supports leverage ratios of up to 100x.

Why we picked it

Phemex's intuitive interface caters to all skill levels and to both long-term and short-term traders. Prompt and reliable customer support is invaluable when facing challenges or seeking assistance. Phemex's dedicated support team is readily available to address any concerns or queries, ensuring a smooth trading experience.

How to short on Phemex

Shorting crypto on Phemex is a straightforward process. Here's a step-by-step guide to help you get started:

1. Getstarted with an account: Visit the official website of Phemex and click “Register Now” to sign up.
2. Verify Your Account: Complete the necessary verification steps as required by Phemex to ensure compliance with regulations and unlock full account functionalities.
3. Deposit Funds: Before you can start shorting, you need to deposit funds into your Phemex account. You will find the deposit page under the “Asset” tab.
4. Select a Trading Pair: On the trading interface, choose the trading pair you wish to short.
5. Choose Short Contract Type: Phemex offers perpetual contracts for short trading.
6. Choose your leverage ratio: Before opening your short position, select how much leverage you want to use.
7. Enter the Short Position: To open a short position, click on the "Market Short" button on the trading interface. Enter the quantity of the cryptocurrency you wish to short.
8. Set Stop-Loss and Take-Profit (Optional): Add stop-loss and take-profit orders to manage your risk and protect your capital.
9. Review and Confirm: Before finalizing the trade, review all the details carefully. Once you are satisfied, click on the "Market Short" button to open the short position.

Pros and cons

Pros:

1. Competitive funding rates
2. Perpetual contracts for continuous shorting
3. Trailing stop orders for dynamic risk control
4. Efficient mobile app for trading on-the-go
5. Demo trading mode for practice
6. No KYC required for up to 2 BTC daily withdrawal

Cons:

1. Limited language support on the platform
2. Fewer payment options compared to larger exchanges
3. Requires email confirmation for withdrawals, causing slight delays
4. No native token or loyalty program for additional benefits
5. Lack of support for some altcoins

(The pros and cons are our own opinions of the Phemex exchange and were acquired during our standard review and testing procedure done by Emma, Toby, and Matt)

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5. MEXC - Best exchange to short crypto with low fees

MEXC, known for its robust and innovative platform, has emerged as a top exchange for shorting cryptocurrencies and Bitcoin. MEXC offers a wide range of short contracts such as Futures and Futures M-Day contracts which Toby tested during our analysis of the platform. A Futures contract lets the trader speculate on falling prices.

Toby found the Futures M-Day contract to be the most versatile and effective contracts to use when shorting on MEXC. The fact that they have more liquidity resulted in a 12% less slippage compared to the other standard Futures contracts. This test was done over the course of a whole day and over 1000 trades were taken that day.

The platform's shorting mechanism is user-friendly, ensuring both beginners and experienced traders can seamlessly take advantage of bearish market trends.

MEXC offers competitive short fees, allowing traders to optimize their profits while minimizing costs. MEXC charges a competitive shorting fee of 0.2% per trade, with a possibility of reduced fees for high-volume traders.

MEXC has integrated robust risk management tools into its platform. These features include stop-loss and take-profit orders, enabling traders to set predefined price levels to automatically exit their positions, mitigating potential losses.

The exchange provides varying leverage ratios, depending on the cryptocurrency being traded. For instance, traders can access leverage on certain altcoins, while leverage for Bitcoin shorting may extend up to 200x.

Why we picked it

MEXC offers a refreshingly intuitive interface, making it easy for both beginners and experienced traders to navigate the platform effortlessly. From the straightforward registration process to accessing advanced trading tools, MEXC places user experience at the forefront, ensuring every step of the trading journey is smooth and seamless.

How to short on MEXC

Follow this short guide to get started on MEXC:

• Start by signing up: Visit the MEXC official website and create an account by clicking “Sign Up” in the top right corner of the home page.
• Deposit funds: Before you can start shorting cryptocurrencies, you'll need to deposit funds into your MEXC trading account. Transfer the desired amount of funds to this address from your external wallet or exchange.
• Find the trading interface: Once your account is funded, go to the MEXC trading interface by clicking on the "Spot", "Futures" or "Futures M-Day" option on the top menu.
• Choose trading Pair: On the trading interface, locate the cryptocurrency you want to short. It will be paired with another asset, such as BTC/USDT or ETH/USDT.
• Choose contract: After choosing your trading pair you should think twice about which contract you are going to trade. There are some slight differences but Future offers higher leverage limits.
• Open a short position: After selecting the appropriate trading type, find the "Sell" or "Short" button on the trading interface. Enter the amount of the cryptocurrency you want to short, and the system will calculate the required margin or leverage for your position.
• Set stop-loss and take-profit: For risk management, use the stop-loss and take-profit levels when shorting. Input these levels based on your trading strategy.
• Open the short position: Double-check all the details of your short position, including the quantity, leverage, stop-loss, and take-profit levels. If everything looks correct, click on the "Confirm" or "Place Order" button to open the short position.

Pros and cons

Pros:

1. High short leverage (up to 200x)
2. Active trading community
3. Top-notch security
4. Deep liquidity for major pairs
5. Quick and easy registration

Cons:

1. Limited customer support hours
2. Limited fiat withdrawal options
3. Potential liquidation risks (for leveraged positions)
4. Limited shorting of minor altcoins
5. No margin call notifications

(The pros and cons are our own opinions of the MEXC exchange and were acquired during our standard review and testing procedure done by Emma, Toby, and Matt)

Visit MEXC>>

What is a crypto short exchange?

A crypto short exchange is a platform that allows traders to engage in short selling of cryptocurrencies. A crypto exchange that allows shorting enables traders to bet on falling prices by borrowing contracts that they previously don’t owned. If the price falls after you open a short position you can buy it back at a lower price for a profit.

Can you short crypto?

Yes, you can short crypto on exchanges that offer this feature, commonly known as margin or futures trading platforms. BYDFi ranks number one in our list of the best crypto exchanges that allows shorting. With BYDFi you can short trade crypto with several different contracts.

How to short crypto

To short crypto, follow these steps on any of the exchanges listed above:

1. Create an account and complete the necessary verification.
2. Deposit funds into your account.
3. Choose the margin or futures trading option.
4. Open a short position by selling the borrowed crypto.
5. Set stop-loss and take-profit levels for risk management.
6. Monitor and manage your position closely.
7. Close the short position when you decide to take profits or cut losses.

What to consider when you short crypto on an exchange

There are some factors to consider in specific when choosing an exchange that allows short selling, they are:

• Volatility of the chosen cryptocurrency
• Leverage options offered by the exchange
• Risk management tools available
• Trading fees and margin requirements
• Market liquidity for easy entry and exit
• Regulatory compliance and security measures

What makes a crypto exchange suitable for shorting

A crypto exchange becomes suitable for shorting when it offers a range of essential features and characteristics that cater specifically to traders who wish to capitalize on downward price movements. Below are the key factors that make a crypto exchange suitable for shorting:

• A wide selection of cryptocurrencies available for shorting
• Competitive fees and leverage options
• Advanced trading tools for analysis and execution
• Robust risk management features
• High market liquidity and reliable order execution

How does short selling work in crypto?

The way you short crypto works in the same way as in traditional finance by borrowing an asset you currently don’t own to sell it to the market place for a profit.

When you borrow an asset that you don’t own, it is the crypto exchange that lends the assets to you. Later when the market falls, you are able to buy back those assets for a profit. The assets are then automatically returned to the lender, in this case, a top exchange to shot crypto.

The profit is made from the difference of the sale price and the buy price at a later time. Should the price of the cryptocurrency instead hike and move upwards, the position will result in a loss.

How to get started to short crypto

Most exchanges offer the same on-ramp process and the same way to go about to find the right contract for shorting crypto.

See this quick guide on how to get started:

1. Select on of the top crypto exchanges for shorthing in our top list above.
2. Complete the registration and verification process.
3. Deposit funds into your trading account.
4. Familiarize yourself with the platform's shorting features and tools.
5. Analyze the market and select a cryptocurrency to short.
6. Open a short position following the exchange's guidelines.
7. Monitor the trade closely and manage risk effectively.

What type of crypto exchange allows shorting?

Margin trading and futures trading exchanges typically allow shorting, as they offer leverage and short contract options. All exchanges that offers leverage trading also offer the option to short sell. By using leverage, you are effectively borroing money and this gives you the option to also borrow contracts in form of a short position.

What our review and selection process looks like

Our review and selection process for identifying the top exchange and platform for shorting cryptocurrencies is a comprehensive and rigorous procedure. Our professional team of testers approach each exchange the same, by thorough research and analysis.

Here's an in-depth look at our review and selection process:

• Research and Market Analysis: We begin by conducting extensive research on various cryptocurrency exchanges that offer shorting capabilities. We identify popular and reputable platforms based on their market presence, user base, and reputation within the crypto community.
• Shorting Features: We thoroughly examine the shorting features offered by each exchange. We look for exchanges that provide margin trading and futures options, flexible leverage choices, and a diverse selection of shortable assets.
• Fees and Cost Analysis: Trading fees can significantly impact profitability when shorting. We analyze the fee structures of each exchange, including trading fees, funding rates for leveraged positions, and any other relevant costs.
• Security Measures: Security is paramount in the cryptocurrency space. We look for certain security measures such as 2-fa verification tools, cold wallet storage, and other security protocols that are in place to safeguard userfunds.
• Liquidity and Order Execution: High market liquidity and efficient order execution are crucial for successful shorting. We evaluate the liquidity of the exchange's shortable assets and assess the order execution speed and accuracy during various market conditions.
• Risk Management Tools: A suitable exchange should offer advanced risk management tools, such as stop-loss and take-profit orders, to help traders protect their positions from significant losses.
• User Experience: A user-friendly interface enhances the overall trading experience. We assess the platform's usability, navigation, and availability of essential trading tools and resources.
• Regulatory Compliance: We consider the exchange's compliance with relevant regulations in the regions it operates. A regulated exchange provides additional assurance of a safe and trustworthy trading environment.
• Customer Support: Effective and responsive customer support is crucial for resolving any trading-related issues promptly. We check all the different customer support channels, including email, live chat, and community forums.
• User Feedback and Reviews: We take into account feedback and reviews from actual users of the exchanges. This helps us gauge the overall user satisfaction and identify any potential concerns or red flags.
• Comparative Analysis: We conduct a comparative analysis of the shorting features, fees, security, liquidity, and overall user experience among the shortlisted exchanges.
• Selection and Recommendation: Based on the comprehensive assessment, we select the top exchange and platform for shorting cryptocurrencies.

FAQ

How to short crypto on Binance

To short crypto on Binance, follow the steps outlined earlier in this article. Binance offers margin trading options for shorting various cryptocurrencies.

Can you short crypto on Coinbase?

Coinbase does not offer direct shorting capabilities. It primarily focuses on spot trading. However, their platform might have undergone updates since then, so it's best to check their current offerings.

How to short crypto on KuCoin

KuCoin offers margin trading features that allow users to short cryptocurrencies. Similar to other exchanges, users can borrow assets to open short positions and potentially profit from price declines.

Is there an ETF that can short crypto and Bitcoin?

There are no publicly-traded ETFs that directly short cryptocurrencies or Bitcoin.

How to short crypto with leverage

Shorting crypto with leverage involves borrowing funds from the exchange to increase the size of your position. This amplifies potential gains, but also increases the risk of losses. Choose an exchange that supports leveraged short contracts, and follow their instructions to open leveraged positions.

Which crypto is best to short?

Many professional traders consider that highly liquid trading pairs such as Bitcoin, Ethereum, and USDT are great options for short selling. Other good options include new altcoins that have a higher volatility, making them a good risk reward play for experienced traders.

Can I short crypto on Bybit?

Yes, Bybit is a popular crypto exchange that offers perpetual futures contracts with shorting capabilities. Traders can open short positions on various cryptocurrencies with leverage on Bybit.

Can I short crypto on BYDFi?

Yes, BYDFi offer several short contracts for cryptocurrencies such as perpetual contracts, inverse perpetual contracts, lite contracts, and futures.

Can you short crypto on Crypto.com exchange?

Crypto.com is primarily focused on spot trading and doesn’t offer short selling options.

Conclusion

About the authors

Authors Emma, Toby, and Matt are has joined forces and take part of our professional team of crypto exchange reviewers. Their experience together span over 25 years+ in the field of cryptocurrency and blockchain.

Emma is a financial analyst with a background in traditional finance and a passion for cryptocurrencies. Her expertise lies in market analysis, technical charting, and identifying trading opportunities. Emma's ability to spot emerging trends and analyze market data has earned her a reputation as a trusted source for market insights.

Toby is a blockchain enthusiast and cryptocurrency advocate. His fascination with decentralized technologies and innovative financial instruments led him to explore the world of shorting cryptocurrencies. Toby's experience as a trader and his understanding of risk management make him a valuable asset in evaluating the suitability of exchanges for shorting activities.

Matt is a technical cryptocurrency researcher with a keen eye for security and regulatory compliance. He is a true professional when it comes to the technical implementations of crypto exchanges which gives in a leg up in researching platforms that offer short contracts. Matt's commitment to ensuring a secure trading environment aligns perfectly with the team's mission to recommend trustworthy exchanges.

Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.