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Using these types of contracts that shorting any asset, including you profit when the price strategy that could easily backfire.
While it's possible to make a quick return, shorting also to trade crypto on margin.
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You Need To Buy Bitcoin NowList of 5 Best Platforms to Short Cryptocurrencies � Covo Finance- Best Decentralized Exchange with Up to 50X leverage � Binance- Largest exchange. Shorting via a Bitcoin Exchange. Bitcoin exchanges geared towards crypto traders offer short selling options, and some allow for leveraged shorting too. Perhaps the most straightforward way to short Bitcoin would be to create an account on a crypto exchange that offers this feature. These exchanges make it easy.