Question

Ever wondered how to short Tether? Here's how:

Answer 1

Doesn't tell you to what kind of risks you expose by opening a borrow against your btc. If btc goes down they might get liquidated.  Best way is to supply stable and borrow stable so that you are actually shorting usdt, not levering on btc to short a stablecoin

Answer 2

Who in their right mind would short arguably the most resilient stablecoin in all of crypto lmao

Answer 3

It's all very interesting, but I don't understand why. I use tether very often, but I see no reason to short this coin.

Answer 4

How I wish Tether is available on Takepile, that would have been a better opportunity to short it, but can I still use same strategy to short DAI on Takepile Dex?

Answer 5

That was quite insightful, I will have to give it a try

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