Can I short BTC with a stablecoin? Will the stablecoin's price dump even though it is stable? Which stablecoin should I use to short the market?
Can I short BTC with a stablecoin? Will the stablecoin's price dump even though it is stable...
Jaxson Scott
Adrian Barnes
LINK
Brandon Butler
Yes. I long and short with USDT.
Alexander Evans
I see. Isn't that the one that is actually backed?
Also, thanks for replying.
Nathan Martinez
Also, just took the plunge and started a short on BTC. Thanks for the USDT recommendation
Thomas Moore
On what exchange? I though everyone uses Bitmex where it's all with BTC, short or long
Elijah Roberts
FAAAAAARRRRRRTTTTTT
Owen Cox
I personally use Huobi, but there are several others too. I don't use Bitmex.
Logan Anderson
Based, is it better than Binance?
Jose Ross
I think TUSD (TrueUSD) is the one that is fully backed, Tether/USDT is kind of sketchy but hasn't failed yet