• sturlabragason@lemmy.world
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          4 days ago

          Its easy but risky

          Liqudates your assets (on kraken) if the leverage crosses a threshold

          Just use the (free) kraken pro site

          Long short etc

          Read their docs

      • athairmor@lemmy.world
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        5 days ago

        Looks like the big crypto exchanges allow you to borrow/short sell.

        There are crypto companies that are publicly traded as well as crypto ETFs. You could short sell those.

        Personally,I wouldn’t risk it with how crazy crypto is. It’s seems way too easy to manipulate.

    • InternetCitizen2@lemmy.world
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      5 days ago

      Exchanges typically do this. Ironically its also harmful to the libertarian side if the movement. Keeps the coins use as speculation rather than currency, centralized since you are using a broker, and bonus is that it defeats anonymity as most brokers need to follow kyc laws.

      Tho the real harm is the free market itself. No one cares about moving to it and the rampant scams deter mass adoption (even if people wanted). Neat microcosm of libertarian ideals.