-
Bitcoin $94,053.1123
-1.15% - Ethereum
$1,770.7251
-2.63% - Tether USDt
$1.0000
-0.04% - XRP
$2.1622
-5.64% - BNB
$597.2374
-0.80% - Solana
$143.2605
-3.80% - USDC
$1.0001
-0.01% - Dogecoin
$0.1705
-4.67% - Cardano
$0.6771
-4.74% - TRON
$0.2454
-0.14% - Sui
$3.4004
-5.62% - Chainlink
$14.1135
-5.13% - Avalanche
$20.8445
-6.06% - UNUS SED LEO
$9.0710
0.88% - Stellar
$0.2697
-3.99% - Toncoin
$3.1674
-2.40% - Shiba Inu
$0.0...01316
-3.78% - Hedera
$0.1805
-4.41% - Bitcoin Cash
$363.5836
-2.95% - Polkadot
$4.0675
-4.39% - Litecoin
$83.0847
-3.94% - Hyperliquid
$18.6363
-1.74% - Dai
$1.0000
-0.02% - Bitget Token
$4.3227
-1.56% - Monero
$273.9433
1.97% - Ethena USDe
$0.9998
0.02% - Pi
$0.5745
-2.09% - Pepe
$0.0...08767
-3.76% - Aptos
$5.3098
-4.66% - Uniswap
$5.2281
-3.02%
how to short on mexc
By following the steps outlined in the guide, traders can effectively short crypto assets on MEXC, taking advantage of market downturns to potentially generate profits.
Nov 01, 2024 at 08:44 am
How to Short on MEXC
1. Create an Account
Visit the MEXC website and create a trading account. Verify your identity by completing KYC verification.
2. Fund Your Account
Transfer funds to your MEXC account via bank transfer, credit/debit card, or cryptocurrency deposit.
3. Enable Margin Trading
Navigate to "Margin" on the top menu bar and click "Enable Margin Trading." Set your desired leverage and complete the risk assessment questionnaire.
4. Select a Trading Pair
Choose the trading pair you want to short, e.g., BTC/USDT for shorting Bitcoin.
5. Place a Short Order
Click on the "Short" button in the trading interface. Enter the amount of the underlying asset you want to short, the leverage to use, and the price at which you want to execute the trade.
6. Manage Your Position
Once your short order is executed, it will appear in the "Positions" tab. You can adjust your position by adding or removing leverage or closing it partially or fully.
7. Monitor Your Risk
Keep an eye on your position's price and value in real-time to manage risk. If the price moves against you, you may need to add margin or reduce your position to avoid liquidation.
Additional Tips:
- Use leverage cautiously, as it can amplify both profits and losses.
- Research the market conditions and underlying asset before placing a short trade.
- Set a clear profit target and stop-loss level to limit your losses.
- Consider using limit orders to execute trades at a specific price.
- Be aware of potential funding fees for holding a margin position over time.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- NOIDA (CoinChapter.com) — Despite Favorable Technicals, XRP Price Underperforms BTC and ETH
- 2025-04-30 23:40:12
- Elderly US individual loses $330 million in Bitcoin to social engineering hack, now the fifth-largest crypto heist
- 2025-04-30 23:40:12
- Charles Hoskinson Takes a Jab at Bitcoin's Internal Struggles Over Controversial Code Update
- 2025-04-30 23:35:13
- How Much XRP Could Make You a Millionaire in Just a Few Years?
- 2025-04-30 23:35:13
- The U.S. Securities and Exchange Commission (SEC) has postponed decisions on the approval of ETFs for XRP and Dogecoin.
- 2025-04-30 23:30:12
- Solana (SOL) Surges Past Ethereum and Binance Smart Chain in Net Transfer Volume
- 2025-04-30 23:30:12
Related knowledge
Where is the simulated trading function of Bybit contract? How should novices practice?
Apr 30,2025 at 11:14pm
Bybit, a leading cryptocurrency derivatives trading platform, offers a simulated trading function that allows users to practice trading without risking real money. This feature is particularly beneficial for novices who want to familiarize themselves with the platform and the dynamics of trading cryptocurrency contracts. In this article, we will explore...
What POL exchanges are recommended? Choose a safe platform
Apr 30,2025 at 12:57pm
In the ever-evolving world of cryptocurrencies, selecting a safe and reliable exchange to trade POL (Polkadot) is crucial. This article will guide you through some of the recommended POL exchanges and help you choose a platform that prioritizes safety and security. We will delve into the features, benefits, and step-by-step processes for using these exc...
What should I do if the exchange shows that the AVAX transaction failed? What are the common reasons?
Apr 29,2025 at 03:42pm
If you encounter a situation where the AVAX transaction on an exchange shows as failed, it can be frustrating and confusing. Understanding the common reasons behind this issue and knowing the steps to take can help you resolve the problem more effectively. In this article, we will explore the common reasons for AVAX transaction failures on exchanges and...
Why is my Coinbase withdrawal marked as suspicious? How to solve it?
Apr 29,2025 at 02:49am
If you've encountered a situation where your Coinbase withdrawal is marked as suspicious, it can be both frustrating and confusing. Understanding why this happens and how to resolve it is crucial for a smooth experience with your cryptocurrency transactions. This article will delve into the reasons behind Coinbase marking withdrawals as suspicious and p...
How to avoid Coinbase deposits being frozen? What should I pay attention to?
Apr 27,2025 at 11:57pm
Understanding Coinbase Deposit FreezingCoinbase, one of the largest cryptocurrency exchanges, occasionally freezes deposits for various reasons. Understanding why your deposits might be frozen is crucial for preventing such occurrences. Common reasons include suspicious activity, account verification issues, or failure to comply with regulatory requirem...
Is it possible to withdraw funds from Coinbase to a credit card? What are the restrictions?
Apr 28,2025 at 05:57pm
Is it possible to withdraw funds from Coinbase to a credit card? What are the restrictions? When it comes to managing your cryptocurrency, understanding the various methods of moving funds in and out of your accounts is crucial. One common question many users have is whether it's possible to withdraw funds from Coinbase directly to a credit card. In thi...
Where is the simulated trading function of Bybit contract? How should novices practice?
Apr 30,2025 at 11:14pm
Bybit, a leading cryptocurrency derivatives trading platform, offers a simulated trading function that allows users to practice trading without risking real money. This feature is particularly beneficial for novices who want to familiarize themselves with the platform and the dynamics of trading cryptocurrency contracts. In this article, we will explore...
What POL exchanges are recommended? Choose a safe platform
Apr 30,2025 at 12:57pm
In the ever-evolving world of cryptocurrencies, selecting a safe and reliable exchange to trade POL (Polkadot) is crucial. This article will guide you through some of the recommended POL exchanges and help you choose a platform that prioritizes safety and security. We will delve into the features, benefits, and step-by-step processes for using these exc...
What should I do if the exchange shows that the AVAX transaction failed? What are the common reasons?
Apr 29,2025 at 03:42pm
If you encounter a situation where the AVAX transaction on an exchange shows as failed, it can be frustrating and confusing. Understanding the common reasons behind this issue and knowing the steps to take can help you resolve the problem more effectively. In this article, we will explore the common reasons for AVAX transaction failures on exchanges and...
Why is my Coinbase withdrawal marked as suspicious? How to solve it?
Apr 29,2025 at 02:49am
If you've encountered a situation where your Coinbase withdrawal is marked as suspicious, it can be both frustrating and confusing. Understanding why this happens and how to resolve it is crucial for a smooth experience with your cryptocurrency transactions. This article will delve into the reasons behind Coinbase marking withdrawals as suspicious and p...
How to avoid Coinbase deposits being frozen? What should I pay attention to?
Apr 27,2025 at 11:57pm
Understanding Coinbase Deposit FreezingCoinbase, one of the largest cryptocurrency exchanges, occasionally freezes deposits for various reasons. Understanding why your deposits might be frozen is crucial for preventing such occurrences. Common reasons include suspicious activity, account verification issues, or failure to comply with regulatory requirem...
Is it possible to withdraw funds from Coinbase to a credit card? What are the restrictions?
Apr 28,2025 at 05:57pm
Is it possible to withdraw funds from Coinbase to a credit card? What are the restrictions? When it comes to managing your cryptocurrency, understanding the various methods of moving funds in and out of your accounts is crucial. One common question many users have is whether it's possible to withdraw funds from Coinbase directly to a credit card. In thi...
See all articles
