Open a Short Position

Learn how to open a short position in Marginly

About

Taking a short position means you are betting on a price decrease. In this case a loan is taken out in the risk asset to immediately sell it with the goal of making a profit when the price moves down.

Step-by-step guide

1. Select a pool with the desired asset on the main screen of the app.

2. Click “Short” (1), input margin amount (2), choose leverage (3) and press Short button (4)

3. Sign transaction in wallet

4. Receive confirmation