Interesting, and as I suspected.
Thanks for the confirmation and the link.
Topic: Can I short-sell in any of the exchanges? (Read 454 times)
Bitfinex allows short-selling, but their market depth is not very good compared to the large exchanges.
In an interview posted today, the CEO(?) of Mt. Gox says there's a regulatory hurdle to short-selling:
http://www.reuters.com/video/2013/04/23/an-exclusive-peek-into-the-worlds-bigges?videoId=242413486&videoChannel=5
If I understood him, they have to declare the subject of the short-selling to be a tangible asset, which he thinks BTC doesn't fall into.
http://www.reuters.com/video/2013/04/23/an-exclusive-peek-into-the-worlds-bigges?videoId=242413486&videoChannel=5
If I understood him, they have to declare the subject of the short-selling to be a tangible asset, which he thinks BTC doesn't fall into.
As far as I know none of the major exchanges allow short selling. It is a pretty big gap, which hopefully someone will fill soon.
Hi,
For an instance, if I deposit USD in btc-e.com, can I use it to sell LTC/BTC/any other virtual currency, or must I first actually buy the same amount of required virtual currency, before selling it?
Thanks.
For an instance, if I deposit USD in btc-e.com, can I use it to sell LTC/BTC/any other virtual currency, or must I first actually buy the same amount of required virtual currency, before selling it?
Thanks.
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