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.

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DISCLAIMER:
Trading in the financial markets involves a significant risk of loss. The content and strategies shared by TradersPost are provided for informational or educational purposes only and do not constitute trading or investment recommendations or advice. The views and opinions expressed in the materials are those of the authors and do not necessarily reflect the official policy or position of TradersPost.

Please be aware that the authors and contributors associated with our content may hold positions or trade in the financial assets, securities, or instruments mentioned herein. Such holdings could present a conflict of interest or influence the perspective provided in the content. Readers should consider their financial situation, objectives, and risk tolerance before making any trading or investment decisions based on the information shared. It is recommended to seek advice from a qualified financial advisor if unsure about any investments or trading strategies.

Remember, past performance is not indicative of future results. All trading and investment activities involve high risks and can result in the loss of your entire capital. TradersPost is not liable for any losses or damages arising from the use of this information. All users should conduct their own research and due diligence before making financial decisions.

Availability of Shorting Futures on Centralized Exchanges (CEX) with TradersPost

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