Availability of Shorting Futures on Centralized Exchanges (CEX) with TradersPost
TradersPost is working towards enabling shorting futures on centralized crypto exchanges. This guide covers current crypto trading capabilities and outlines future plans for shorting futures and expanding exchange support.
For TradersPost users interested in shorting futures on centralized crypto exchanges (CEX) like Bybit or Binance, the current platform limitations and future plans are important considerations. This guide outlines the present capabilities for crypto trading and future enhancements planned to support shorting futures on these exchanges.
Why Shorting Crypto Futures Isn’t Available Yet
Currently, TradersPost treats crypto futures as a separate asset class from spot crypto trading. Expanding to include shorting futures requires platform adjustments to handle the specific data and trading operations involved. The shorting of crypto futures will eventually be available, allowing users to go long or short on futures markets through exchanges that support perpetual and dated futures contracts, including popular platforms like Bybit and Coinbase.
What Is Currently Available for Crypto Trading?
• Long Positions on Spot Markets: TradersPost supports spot trading on several exchanges, though shorting on margin for these spot positions is not yet implemented.
• Support for Limited CEXs: Although TradersPost has integrated with some major exchanges, there are plans to reconsider support for exchanges like Binance.us due to user demand.
Planned Enhancements for Shorting on CEX
TradersPost’s future roadmap includes:
1. Shorting on Crypto Futures: Once integrated, users will be able to short futures contracts on exchanges that offer them, such as Bybit or Coinbase. This feature will include both perpetual and dated futures.
2. Shorting on Margin for Spot Markets: For spot markets, margin accounts would allow shorting directly, although this is a separate enhancement that TradersPost will need to add.
3. Additional Exchange Integrations: Based on user demand, TradersPost considers supporting more exchanges that offer extensive crypto asset classes. For those interested in seeing a specific exchange added, joining TradersPost’s waitlist can help prioritize the request in upcoming planning meetings.
Conclusion
TradersPost’s plans to enable shorting futures on CEXs will open new trading opportunities for users interested in both market directions. Until then, users can expect future updates focused on expanding crypto futures capabilities, adding support for shorting on margin for spot assets, and integrating with additional exchanges based on community interest.
