Short
Bitcoin
What goes up, must come down?
Profit from decline by short selling Bitcoin with futures or CFDs
What is Shorting Bitcoin?
The aim of shorting Bitcoin, is profiting from a (temporary) decline in value, using instruments like futures or CFDs: for example using the Plus500 platform. When the price of Bitcoin indeed goes down, the trader gains. If the price goes up, the trader loses. The profit, or loss, can be amplified by using margin or leverage.
How to Short Bitcoin with Futures or CFDs
1. Open an account at Plus500
Opening an account at Plus500 is free, and allows you to open a ‘sell’ position for Bitcoin and other Cryptocurrencies. Try it out first? create a ‘demo account’.
2. Find Bitcoin in the platform
Logged in at the Plus500 platform? Search for Bitcoin or BTC in the search bar, or select Bitcoin under the ‘Cryptocurrency’ category.Â
3. Open (sell) trade & manage risk
Enter your prefered trading amount and consider place stop orders: Close at Profit, Close at Loss or Trailing Stop. You can monitor your profit & loss in the Open Postions screen.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Plus500: a trusted and regulated trading platform
Regulated & Reliable
Plus500 Ltd is a FTSE 250 company listed on the London Stock Exchange’s Main Market for Listed Companies.
Professional Support
Any questions? 24-hour support from dedicated customer service agents, in multiple languages.
Protected & Secure
Your data is safe and your funds are kept in segregated bank accounts, as required by regulators.
Experience Short Trading Bitcoin: open a Plus500 demo-account
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