Bitget Spot Margin Trading: Profit From Shorting Without Holding Coins

Spot margin trading builds on traditional spot trading, offering the same market depth but with the added capability to both buy (long) and sell (short)!

Shorting involves selling a cryptocurrency with the expectation that its price will fall. Investors borrow a certain amount of the target currency, sell it at the current high price, and then buy it back at a lower price once the value drops. Specifically, you can borrow N units of the asset to sell for cash and later repurchase N units when the price drops.

Shorting is suitable for bearish markets and swing trading during short-term declines. It’s a crucial strategy for navigating adverse market conditions. If you anticipate a price drop and prefer not to hold the asset, shorting is a strategic choice.

Step 1: Transfer margin into your spot margin account.

Step 2: Set your trade amount and click "Sell". The system will automatically handle the borrowing of assets.

Step 3: Go to Assets > Quick Repay to repay the borrowed assets when the target currency's price falls.

This allows you to go short without holding the asset directly.

Before you start:

Master shorting strategies to capitalize on market downturns and enhance your trading success!