Assets, Ethereum

Can I Short Ethereum?

This is a question that many investors are asking as the price of Ethereum reaches new all-time highs. The answer is yes, you can short Ethereum.

There are a few ways to do this.

The first way is to use a traditional exchange like Kraken or GDAX. On these exchanges, you can place an order to sell Ethereum for US dollars or other fiat currencies.

The exchange will then match you with a buyer and execute the trade.

NOTE: Warning: Ethereum is a volatile asset and its value can go up or down drastically. Therefore, it is not advisable to short Ethereum as there is a risk of losing all your money. There are other options available to trade Ethereum such as buying and holding, day trading, and margin trading. Please research these options before taking any action.

The second way to short Ethereum is to use a contract for difference (CFD) broker like eToro or Plus500. With these brokers, you don’t actually own the underlying asset (in this case, Ethereum). Instead, you’re speculating on the price movement of Ethereum.

If the price goes down, you make money. If it goes up, you lose money.

The third way to short Ethereum is through a cryptocurrency margin trading platform like BitMEX or Deribit. These platforms offer derivatives contracts that allow you to speculate on the price of Ethereum (and other cryptocurrencies) with leverage.

This means that you can put down a small amount of money and control a much larger position. But it also means that your losses can be magnified if the price goes against you.

All of these methods come with risks. But if you’re careful and do your research, they can be viable ways to profit from a falling Ethereum price.

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