Which cryptocurrencies are accepted for shorting stocks on TD Ameritrade?

3 answers

• Stephan van SchalkwykJan 09, 2021 · 5 years ago
  Sure! TD Ameritrade currently allows shorting of stocks using Bitcoin (BTC) and Ethereum (ETH). These are the two cryptocurrencies accepted for shorting stocks on TD Ameritrade. Shorting stocks using cryptocurrencies can be a great way to diversify your investment portfolio and take advantage of market opportunities. Please note that the availability of shorting stocks using cryptocurrencies may vary and it is always recommended to check with TD Ameritrade for the latest information.
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• Ron PiperOct 01, 2021 · 4 years ago
  Absolutely! TD Ameritrade accepts Bitcoin (BTC) and Ethereum (ETH) for shorting stocks. This means that you can use these cryptocurrencies to bet against the price of certain stocks, potentially profiting from their decline. Shorting stocks using cryptocurrencies can be a powerful strategy for experienced traders looking to capitalize on market downturns. However, it's important to note that shorting stocks involves risks and should be approached with caution.
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• Epstein GeorgeApr 04, 2021 · 4 years ago
  Yes, TD Ameritrade does accept cryptocurrencies for shorting stocks. Bitcoin (BTC) and Ethereum (ETH) are the two cryptocurrencies currently accepted for this purpose. Shorting stocks using cryptocurrencies can provide traders with additional flexibility and opportunities in the market. However, it's important to thoroughly understand the risks involved in shorting stocks and to have a solid trading strategy in place. If you're interested in shorting stocks using cryptocurrencies, it's recommended to consult with a financial advisor or do thorough research to ensure it aligns with your investment goals.
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