Where & How to short altcoins in 2021

A lot of traders are asking where to short altcoins and how to short altcoins?

This article will answer both questions and also give you a review of the best exchanges where you can short altcoins.

I’ve included some of the most important excange features like:

  • Supported Altcoins
  • Deposit Methods
  • Trading Fees
  • Leverage

Make sure you read through the entire article before you pick your favorite.

There are many similarities between these altcoin trading platforms but also some differences.

When choose your favorite crypto trading platform to short altcoins, make sure you take your time to know the layout before you start.

Also, if you decide to short altcoins with leverage, start out small.

Check the table below to see a summary of the altcoin exchanges or read the full review below for more information on how to short cryptocurrency.

Best Platforms

Regulation
Rating
Best for
Trading Fee
Minimum Account
4.14/5
Excellent
Regulated by
FinCEN, FCA, FINTRAC, AUSTRAC
0.26%
1$
All Traders
Quick Review
  • Established 2011 United States
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, CHF, JPY, GBP, CAD, AUD
  • Funding Visa, Mastercard, Cryptocurrency, Bank transfer, SWIFT, SEPA, Faster Payment System
  • Languages English, Spanish, French, Italian, Portuguese, Russian, Vietnamese, Turkish, Ukrainian, Mandarin
  • Restricted countries Iran, Islamic Republic of, Korea, Democratic People”s Republic of, Syrian
  • Products Cryptocurrency, Indices, Futures, Forex
  • Trading platforms Cryptowatch, Webtrader, Own trading platform Windows + Mac, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 50
  • Order types MO – Market Order, LO – Limit Order, SP –
  • Support Live Chat, Contact Form
  • Staking
  • OTC Market
  • Veteran Trading Platform
  • Cryptowatch
  • Trading App
  • High Security
Pros

Cryptocurrency exchange with high security
Suitable for both beginners and experienced traders
Fully regulated digital asset trading platform

Cons

Poor customer support for entry-level traders
Lack of tool to track trading performance
No rebate on the maker fees

4.06/5
Excellent
Regulated by
FSA
0.30%
10$
All Traders
Quick Review
  • Established 2014 Japan
  • Type Cryptocurrency Exchange
  • Currencies AED, ARS, AUD, BDT, BGN, BHD, BMD, BND, BRL, BTN, CAD, CHF, CLP, CNY, COP…
  • Funding Cryptocurrency, Visa, SEPA, SWIFT
  • Languages English, Spanish, Russian, Vietnamese, Japanese, Mandarin (Chinese)
  • Restricted countries Japan, United States, United States Minor Outlying Islands
  • Products Cryptocurrency, Derivatives
  • Trading platforms Tradingview, Own trading platform Windows + Mac, Webtrader
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 100
  • Order types TSL – Trailing Stop Loss, SL – Stop Loss, TP
  • Support Email, Contact Form, Live Chat
  • Fast Withdrawals
  • Veteran Trading Platform
  • High Security
  • Cryptowatch
  • Performance Analytics
  • Real Stop Loss
Pros

Regulated by the Japanese Financial Service Agency (FSA)
Great security with built-in cold wallet storage
Veteran cryptocurrency exchange with high trustworthiness

Cons

Very slow live chat
Very few payment providers for fiat currencies
Not available in the United States

3.93/5
Trustworthy
Non-Regulated
0.10%
15$
All Traders
Quick Review
  • Established 2017 Malta
  • Type Cryptocurrency Exchange
  • Currencies EUR, USD, RUB, VND, TRY, MYR, THB, INR, PEN, MXN, CHF, COP, SEK, HUF, NOK…
  • Funding Bank transfer, Visa, Neteller, Skrill, Banco Brubank, PayPal, ABA Bank
  • Languages English, Spanish, German, Italian, Swedish, Russian, Turkish, Portuguese, Romanian, French
  • Restricted countries United States, United States Minor Outlying Islands
  • Products Cryptocurrency, Futures, Options, ETF, Derivatives
  • Trading platforms Webtrader, Own trading platform Windows + Mac, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 125
  • Order types SL – Stop Loss, IOC – Immidiate or Cancel, GTX
  • Support Live Chat, Email, Contact Form
  • Leverage Trading
  • Beginner Friendly
  • Daily Gainers & Losers
  • Altcoins
  • Short Selling
  • Customisable Interface
Pros

Great for beginner traders
Biggest Cryptocurrency Exchange
Many Special Features

Cons

Non-regulated
Relatively new platform
Not available for US traders

3.89/5
Trustworthy
Non-Regulated
0%
50$
Day Traders
Quick Review
  • Established 2019 Saint Vincent and the Grenadines
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, AUD, CHF, CZK, DKK, GBP, HUF, KRW, ILS, NOK, NZD, PLN, RUB, SEK…
  • Funding Mastercard, Visa, Maestro, Cryptocurrency
  • Languages English, German, Mandarin (Chinese), Spanish, Dutch, Italian, Polish, Portuguese, Russian
  • Restricted countries United States, United States Minor Outlying Islands, Japan, Afghanistan, Bosnia
  • Products Cryptocurrency, Futures, Indices
  • Trading platforms Webtrader, Mobile App Android + Mac, Own trading platform Windows
  • Devices Desktop, Smartphone, Tablet, Web
  • Max leverage 300
  • Order types MO – Market Order, SL – Stop Loss, LO –
  • Support Phone Number, Email, Contact Form
  • $0 Trading Fee
  • Trading Signals
  • Leverage Trading
  • Advanced Trading Platform
  • Staking
  • Mining
Pros

Very favorable commission structure
Free demo account to practice
Very high interest in staking program

Cons

Non-regulated cryptocurrency exchange
Relatively new exchange with no reputation
Few altcoins available

3.88/5
Trustworthy
Non-Regulated
0.20%
25$
Day Traders
Quick Review
  • Established 2012 Virgin Islands, British
  • Type Cryptocurrency Exchange
  • Currencies EUR, JPY, GBP, USD, CNY
  • Funding Cryptocurrency, Bank transfer, Visa, Mastercard
  • Languages English, Russian, Mandarin (Chinese)
  • Restricted countries Cuba, Korea, Democratic People”s Republic of, Venezuela, Bolivarian Republic of
  • Products Cryptocurrency, Derivatives, ICO
  • Trading platforms Tradingview, Webtrader, Own trading platform Windows + Mac
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 5
  • Order types LO – Limit Order, MO – Market Order, SL –
  • Support Contact Form
  • Automated Trading
  • Paper Trading
  • OTC Market
  • Lending
  • Advanced Trading Tools
  • Professional Trading Account
Pros

Great trading platform for experienced day traders
Excellent reputation for being a stable cryptocurrency trading platform
One of the oldest surviving crypto trading platforms

Cons

Low-quality support
Non-regulated
Very few payment options for fiat deposits

3.82/5
Trustworthy
Non-Regulated
0.10%
25$
Day Traders
Quick Review
  • Established 2017 Singapore
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP, KRW, JPY, AUD, AED, BGN, CAD, CHF, CZK, DKK, HKD, HRK, HUF…
  • Funding Visa, Mastercard, Klarna, B-pay, SEPA, Apple Pay, iDEAL, PayId, POLi
  • Languages English, Russian, Japanese, Spanish, German, French
  • Restricted countries United States, United States Minor Outlying Islands, Cuba, Iran, Islamic
  • Products Cryptocurrency, Futures
  • Trading platforms Tradingview, Webtrader
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 100
  • Order types MO – Market Order, LO – Limit Order, GTC –
  • Support Live Chat, Email
  • Leverage Trading
  • Demo Account
  • Advanced Trading Platform
  • Investing
  • OTC Market
  • Welcome Bonus
Pros

A lot of special features for day traders
Great trading platform for experienced traders
Demo account for crypto trading

Cons

Non-regulated
Takes time to learn the platform
Relatively new exchange without reputation

3.81/5
Trustworthy
Non-Regulated
0.20%
0$
All Traders
Quick Review
  • Established 2017 Cayman Islands
  • Type Cryptocurrency Exchange
  • Currencies
  • Funding Cryptocurrency
  • Languages English, Spanish, German, Mandarin (Chinese), Korean, Japanese, Vietnamese, Turkish, Indonesian
  • Restricted countries Cuba, Iran, Islamic Republic of, Korea, Democratic People”s Republic of
  • Products Cryptocurrency, Futures, ETF, Options
  • Trading platforms Tradingview, Webtrader, Mobile App Android + Mac
  • Devices Tablet, Desktop, Smartphone, Web
  • Max leverage 100
  • Order types LO – Limit Order, MO – Market Order, SO –
  • Support Email, Live Chat, Contact Form
  • Promotions
  • Lending
  • Investing
  • Mining
  • Trading Strategies
  • Trading Bot
Pros

Several products
A lot of trading instruments
Great for investing and day trading

Cons

Non-regulated
Very slow live chat with a long queue
Relatively new platform with a weak reputation

3.79/5
Trustworthy
Non-Regulated
0.05%
10$
Day Traders
Quick Review
  • Established 2018 Seychelles
  • Type Cryptocurrency Exchange
  • Currencies USD, VND, TRY, THB, CHF, SEK, ZAR, SGD, RUB, RON, GBP, PLN, PHP, NOK, NGN…
  • Funding Visa, Mastercard, Cryptocurrency, Bank transfer, SEPA
  • Languages English, Hindi, Japanese, Spanish, French, Turkish, German, Vietnamese, Thai, Italian
  • Restricted countries United States, United States Minor Outlying Islands, Canada, Japan, Algeria
  • Products Cryptocurrency, Forex, Indices, Commodities
  • Trading platforms Webtrader, Tradingview, Own trading platform Windows + Mac
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 1000
  • Order types MO – Market Order, SL – Stop Loss, SM –
  • Support Email, Live Chat
  • Turbo Trading
  • Copy Trading
  • Price Prediction
  • Quick Registration
  • Fast Execution Speed
  • Advanced Trading Tools
Pros

Suitable for large traders
Very fast trading platform
Multiple products on the same account

Cons

Non-regulated
Not for beginners and the trade interface require experience
New trading platform

3.78/5
Trustworthy
Non-Regulated
0.075%
30$
Day Traders
Quick Review
  • Established 2018 Virgin Islands, British
  • Type Cryptocurrency Exchange
  • Currencies AED, ARS, AUD, BDT, CAD, CHF, CLP, CNY, EUR, GBP, HKD, HUF, IDR, ILS, INR…
  • Funding Cryptocurrency, POLi, Apple Pay, PayId, B-pay, Visa, Mastercard, Post BillPay
  • Languages English, Russian, Mandarin (Chinese), Japanese, Spanish, Vietnamese
  • Restricted countries United States, United States Minor Outlying Islands, Canada, Singapore, Cuba
  • Products Cryptocurrency, Futures
  • Trading platforms Tradingview, Webtrader, Own trading platform Windows + Mac
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 100
  • Order types MO – Market Order, LO – Limit Order, C –
  • Support Email, Live Chat
  • Rebate
  • Trading App
  • Margin Trading
  • Welcome Bonus
  • Risk Management
  • Fast Execution Speed
Pros

Very high-quality trade interface
Real stop loss and take profit orders
Great live chat support, instant answers

Cons

Non-regulated exchange
This exchange is not for beginner traders
Relatively new exchange

3.74/5
Trustworthy
Non-Regulated
0.125%
50$
All Traders
Quick Review
  • Established 2014 United States
  • Type Cryptocurrency Exchange
  • Currencies USD, CNY, RUB, EUR, JPY, KRW
  • Funding Visa, Mastercard, Apple Pay, Bank transfer
  • Languages English, Mandarin (Chinese), Russian, Vietnamese, Turkish
  • Restricted countries Cuba, Iran, Islamic Republic of, Korea, Democratic People”s Republic of
  • Products Cryptocurrency, Futures, ICO
  • Trading platforms Tradingview, Webtrader, Mobile App Android + Mac, Own trading platform
  • Devices Desktop, Smartphone, Tablet, Web
  • Max leverage 100
  • Order types MO – Market Order, LO – Limit Order, GTC –
  • Support Email, Contact Form
  • Margin Trading
  • Lending
  • Buy Cryptocurrency
  • Market Making
  • High Security
  • Daily Gainers & Losers
Pros

Great platform for crypto futures
Fiat onramp with several payment methods
Option to enter on upcoming ICO listings

Cons

Non-regulated
Do not allow US citizens to trade
No live chat

3.68/5
Trustworthy
Non-Regulated
0.25%
20$
Investors
Quick Review
  • Established 2015 Hong Kong
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP, AED, ARS, AUD, AZN, BGN, BRL, CAD, CHF, CLP, CNY, COP, CRC…
  • Funding Mastercard, Visa, Apple Pay, Bank transfer
  • Languages English, Spanish, German, Portuguese, Russian, French, Hindi, Turkish
  • Restricted countries Cuba, Iran, Islamic Republic of, Korea, Democratic People”s Republic of
  • Products Cryptocurrency
  • Trading platforms Webtrader, Tradingview, Own trading platform Windows + Mac
  • Devices Desktop, Smartphone, Tablet, Web
  • Max leverage 10
  • Order types MO – Market Order, LO – Limit Order, GTC –
  • Support Email, Live Chat, Contact Form
  • Altcoins
  • Instant Coin Exchange
  • Beginner Friendly
  • Veteran Trading Platform
  • Quick Registration
  • Fast Account Verification
Pros

Decentralized Cryptocurrency Exchange
Very easy to use
High limits for big investors

Cons

Slow charting package
Lack of trading tools
Non-regulated

3.56/5
Trustworthy
Non-Regulated
0.10%
20$
All Traders
Quick Review
  • Established 2014 Malta
  • Type Cryptocurrency Exchange
  • Currencies USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP, CZK, GBP, DKK, HRK, HUF…
  • Funding Bank transfer, Visa, Mastercard, Apple Pay, iDEAL, Sofort
  • Languages English, Mandarin (Chinese), Spanish, French, Russian, Thai, Vietnamese, Indonesian (Bahasa
  • Restricted countries Hong Kong, Cuba, Iran, Islamic Republic of, Korea, Democratic People”s
  • Products Cryptocurrency, Futures, Options, Swaps, ICO
  • Trading platforms Webtrader, Own trading platform Windows + Mac, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 100
  • Order types MO – Market Order, LO – Limit Order, SM –
  • Support Email, Phone Number, Live Chat, Contact Form
  • Veteran Trading Platform
  • Security Of Funds
  • Mining
  • Promotions
  • Investing
  • Margin Trading
Pros

Option to use several financial crypto solutions like earn, mining, lending, and loans
Option to try the trading platform on a demo version before you start with real money
Trusted by millions and has been around since 2014, this is a good sign for any exchange

Cons

Non-regulated
Very poor customer support under high workload
The exchange looks like any other crypto trading platform

1. Binance – Best overall

Can you short on Binance?

Yes, you can short sell on Binance.

You will have 184 different cryptocurrency to choose from on Binance but you will only be able to short 24 of them.

These altcoins are available for margin trading:

  • ADA
  • ATOM
  • BAT
  • BCH
  • BNB
  • EOS
  • ETC
  • ETH
  • IOST
  • IOTA
  • LINK
  • LTC
  • MATIC
  • NEO
  • ONT
  • QTUM
  • RVN
  • TRX
  • VET
  • XLM
  • XMR
  • XRP
  • XTZ
  • ZEC

Once you choose your margin wallet you will be able to go short.

To know which altcoins you are able to short, click your markets on top of your trading interface.

All cryptocurrencies with the symbol x5 are available.

You will find your margin wallet in your order selection box.

binance short trading screenshot

Deposit methods on Binance

On binance you can deposit with:

  • Credit card
  • Cryptocurrncy

I’ve tried both deposit methods and I must say that both are very easy to use. It only depends on what you prefer.

Remember one thing.

You can only deposit funds to your spot wallet.

Before you start trading on binance you have to transfer funds within the exchange from your normal wallet to your margin wallet.

All you have to do is to open your margin wallet and start transferring funds between the wallets.

The margin fund transfer looks like this.

Simply choose your altcoin, choose amount and click confirm transfer.

binance altcoin wallet screenshot

In my opinion, Binance has made it very easy to start trading using your margin wallet and I definitely recommend trying it.

When you are looking for an exchange to short altcoins, user-friendliness is very important for you to manage your trading in the best way.

Fees on Binance

Binance are very competitive when it comes to fees and that is one reason why I chose Binance in this review.

The basic trading fee on binance is 0.10%.

binance altcoins fee table screenshot

This is extremely low and a huge advantage for active altcoin day traders.


Remember that you can trade with Binance coin (BNB) aswell and this will lower your trading fees by 25%.

Binance coin has its own market and its very easy to navigate in the trading interface.

The trading fee goes down to 0.075% while shorting cryptocurrency with BNB.

Here is a fee table for BNB.

binance altcoin fee table screenshot

This is another very good reason to short altcoins on Binance.

This can really save you a lot of trading capital if you choose to trade on Binance.

For very active altcoin day traders it’s essential to find as low trading fees as possible.

Binance Rating

Binanace over all rating has to be 5/5 thanks to their awesome trading fees and the huge variety of cryptocurrencies available to short.

Not many altcoin exchange will have this variety so I’m very happy with that.

I also really like the trading interfaces on Binance because you can choose from two different.

The Classic interface and the Advanced interface.

The Advanced interface has more indicators and is more focused on experienced altcoin traders.

If you would like to short altcoins on Binance, click here to visit the exchange.

2. Bitmex – Best for active traders

bitmex

Altcoins available to short on Bitmex

You are able to short 7 altcoins on Bitmex.

These are some of the most popular are most traded cryptocurrencies on the market.

Here is a list of altcoin available:

  • Cardano
  • Bitcoin Cash
  • EOS
  • Ethereum
  • Litecoin
  • Tron
  • Ripple

It’s very easy to access and switch between altcoins on Bitmex.

Just navigate to the bar that’s located above your trading interface.

bitmex altcoin trading interface screenshot

Once you click on another altcoin your screen will change but all your settings will stay the same and you are good to go.

In my opinion, havin less altcoins to short is sometimes easier.

Since these are some of the more heavily traded cryptocurrencies I’m sure you won’t lose out on any action by following these coins.

Deposit methods on Bitmex

On Bitmex you can only deposit Bitcoins.

It is very easy to deposit and it’s never bothered me to deposit Bitcoins to trade.

Simply head over to your account by clicking on the Acctount button on top of the screen.

bitmex altcoin short trading interface screenshot

This will take you to your account page and here you click Deposit and copy you Bitmex address.

bitmex altcoin deposit screenshot

The deposit will not take longer than it takes for the Bitcoin miners to mine one block of bitcoin, so you won’t have to wait that long.

When you short altcoins on Bitmex you will use your Bitcoins as contracts against the altcoin.

It’s a little bit different but it works the same way as if you would short using USD or any other currency.

Fees on Bitmex

Bitmex are also very competitive with their trading fees and it’s a good choise for active altcoin traders.

The basic trading fee is 0.25%.

This goes for all market takers, here is a fee table to illustrate.

There is nothing special about the term taker, it’s just the oposite of a market maker.

If you are trading using market orders you are a market taker and therefore you should follow the taker fee in the table.

If you however are using limit orders, you are putting in to the order book, then you are a market maker.

Normally traders are taking orders from the order book and should follow the taker fee.

Bitmex Rating

I highly recommend to short altcoins on Bitmex thanks to their user-friendly trading interface and extremely low trading fees.

I will for sure keep trading on Bitmex and can’t say anything negative.

Another huge plus with bitmex is that you can get up to 50x leverage on some of the cryptocurrencies, which gives you a little extra push.

If you would like to short altcoins on Bitmex, click here to visit the exchange.

3. Bybit – Best for advanced traders

bybit exchange

Altcoins available to short on Bybit

On Bybit you are able to short three altcoins.

  • ETH
  • EOS
  • XRP

Bybit has been updating their list of cryptocurrency lately and I’m sure they will add more altcoins to the shortlist as well very soon.

They have over 150+ cryptocurrencies trading on the exchange at the moment and I’m looking forward to seeing more shortable altcoins on this list.

To short these altcoins you need to access the Invesrse Perpetual trading contract.

The way you do this is by clicking on the trade button in the top left corner of the exchange and then click Inverse Perpetual.

Bybit short altcoin trading interface screenshot

From here it’s easy to navigate and change altcoins as you like it..

The trading interface on Bybit is very good and easy to use.

That’s one of reasons I like to trade on this exchange and I’m sure you will like it too.

Deposit methods on Bybit

On Bybit you can deposit with Cryptocurrency and it’s very easy.

To deposit to your account, simply click on your account in the top right corner and then click Assets

This will take you to the deposit page and it looks like this.

bybit short altcoin exchange screenshot

Here you are free to choose which altcoin you want to send to your account.

When you have chosen altcoin, click the deposit and new window will pop up with your altcoin address.

bytbit altcoin deposit screenshot

Copy the address or scan the QR-code and you are good to go.

The deposit only takes as long as it takes for miners to mine one block.

In other words, it’s pretty fast.

When the funds arrive you are ready to short altcoins.

Fees on Bybit

Bybit has some of the lowest fees in the game.

The basic trading fee for market takers is 0.075%.

bybit short altcoin fee screenshot

That’s insanely good.

This is why I love to short altcoins on Bybit.

The trading fees never eat your account capital and you can keep trading without worrying about fees.

ByBit Rating

Even though Bybit doesn’t have the longest list of altcoins at the moment, they truly deserve 5 stars.

Their trading interface is very good and their trading fees are some of the lowest I have seen so far.

To transfer funds and start trading in Bybit is also very easy and that’s something I look for before I start trading on a new exchange.

If you would like to short altcoins on Bybit, click here to visit the exchange.

Can you short Altcoins?

Yes, it’s possible to short sell Altcoins.

Many traders are struggeling to find the best place to short altcoins after a good bull run.

It’s very tempting to try to short the top when the market has peaked for a few weeks or days.

Short selling can be very profitable but also very risky, you should be aware of the risk before you try it out.

This article is showcasing the top 3 best exchanges where you can short altcoins.

Don’t jump the gun as soon as you have registered, make sure you have stopped a very good setup before you enter the market.

Reckless trading can cause more harm than good, trust me on that.

So, let’s check out where you can short your favorite cryptocurrency.

Where to short altcoins

This review will cover three of the best exchanges where you can short altcoins.

  • Binance
  • Bitmex
  • Bybit

I’ve chosen these altcoin exchanges due to:

  • User-friendly trading interfaces
  • Variety of cryptocurrencies to short
  • Deposit methods
  • Fees

There are a couple of things that you need to keep in mind before you start trading and I’ve covered the most important topics in this review.

Remember that before you start going against the market, you need to either buy crypto with credit card on the exchange or transfer your coins there.

Read through all of them if you want to know more about all of the exchanges or focus on the one you are interested in.

Some of the exchanges may not have all the altcoins you are looking for but they make up for that with either higher leverage or very user-friendly trading interfaces.

This should make the chouse easier for you and help out in your search for the right exchange.

The platforms in this article also have crypto trading apps where you can short cryptocurrency on the go.

How to short altcoins

It’s not different to short altcoins than to trade them on the long side.

Most exchanges will first tell you to create a margin account or send funds to a special wallet before trading and then you are good to go.

The exchanges I have reviewed in this article makes it super easy to short altcoins.

In my opinion it’s very important to find the right exchange before you start trading.

Some traders prefer to have more cryptocurrencies and a wider selection to choose from and some traders focus more on the trading interface and trading fees.

Whatever is your preference I’m sure you will find what you are looking for in this article.

Conclusion

In this article you will find the three best altcoin exchanges to short altcoins.

If you only want to see their stats, check out the table at the top. If you want more in depth information about each exchange I recommend that you read the whole article.

All three of these exchanges are very good at what they do. Your job is to find which one you like the most.

Yes. It’s possible to short altcoins on some exchange. Read this review to find out more.

Yes. You can short Bitcoin and Altcoins on Binance.

Yes. Many exchanges offer shortselling with leverage.