What is sell short?
Eg: BTC/USDT, borrow BTC and sell BTC at a high price then buy it at a low price to earn the spread.
How to sell short?
Eg: BTC/USDT, if we predict that the price of BTC will decrease, when you have 10000USDT(0.5BTC) in the account, you can borrow up to 9.BTC. When BTC price is 20000USDT currently, you can sell 10BTC with unit price 20000USDT. Then, when price decreased to 10000USDT, we can buy BTC and earn profit 100000USDT, that is 20BTC*(20000-10000)=200000 USDT.
1.Input www.bw.io and enter into ‘Margin trading”, choose the trading pair and finish the loan.
2.Enter buying price and quantity, click “Open Short”
Summary:
When price goes down, open short can get profit.
Through margin trading to open long, multiply the profit.
BW.io can support 20X margin. You can borrow tokens from BW.io to enlarge the profit. Reminder: any investment comes with risk, please pay attention to control the risk when playing margin trading.
【Contact us】
Telegram: t.me/BW_support
VK: https://vk.com/bw.exchange
Reddit: https://www.reddit.com/user/bwexchange
Mailbox: support@bw.com
Official website: www.bw.com | www.bw.io
Download BW APP: https://www.bw.io/appDownload
BW, Bit World, Better World
BW.com Global Operations Team
December 7, 2019
Comments
0 comments
Please sign in to leave a comment.