While there are a number of different platforms offering a number of different trading options in
cryptocurrency — including new institutional brokers like CME and CBOE, there is also the chance to short
bitcoin using an online CFD broker such as Hecaoptions.
CFDs (contracts for difference) function in the
same way as futures contracts but are tailored towards retail traders. Using CFDs, traders can bet on a
price increase or decrease of an underlying asset without having to own it physically.
And, because CFDs are leveraged products, traders can also go short with their Bitcoin investments and
use margin which we have described above is a very profitable way to do things with high levels of
leverage.