Changelly Explains The Concept of Short Selling

Changelly Explains The Concept of Short Selling

Changelly, the online cryptocurrency exchange, has recently released an article on short selling and how you can take advantage of it as a user.

Changelly, the larger online cryptocurrency exchange, has created a blog post highlighting short selling and what its users can do to take advantage of this trading feature. Short selling can take place in the cryptocurrency market as well as traditional financial markets, so it is a very useful feature to know how to use.

The basic of short selling is relatively simple and is set on the pretence that you think the asset you are speculating on will drop in price. The definition of short selling is selling an asset now in order to rebuy them later at a lower price point. If you are bearish on the asset, a term used by traders signifying you are expecting a price decrease, you may want to consider implementing a short sell on your trades. Usually, when a short sell is taking place, the underlying asset is not actually owned by the trader and is “borrowed” from the liquidity provider; this is why on the most cryptocurrency exchange that offers shorts, you can find them in the leveraged trading section. Short selling is available on Changelly Pro, the highly technical cryptocurrency exchange offered by Changelly.

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