Hello, can someone help me figuring this out?

How can I short USDT on Binance by using USDC as Collateral and applying the 3x Cross Margin?

Thank you very much for the advice in advance.


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Posted in Binance Reddit

6 Comments

  1. TripleReward on 10. August 2022 at 15:19

    Why would you tho?

    Want to lose money?

    Usdt is not going down anytime soon.

     


  2. toke182 on 10. August 2022 at 15:19

    bro, instead gifting your money to binance why not give it to a charity?

     


  3. ty816 on 10. August 2022 at 15:19

    If you got to ask then should you be doing it without parental guidance?

     


  4. Crypto4Canadians on 10. August 2022 at 15:19

    Watch this video here as it should help: [https://youtu.be/COJopRnS7-w](https://youtu.be/COJopRnS7-w)

    Instead of putting USDT, just put in USDC.

     


  5. Embarrassed-Egg-545 on 10. August 2022 at 15:19

    You can do it on KuCoin I’m pretty sure. I know you can short Usdd

     


  6. Fistonks on 10. August 2022 at 15:19

    Borrow usdt, sell it for usdc, repay when usdt loses peg (if it does)

    All you risk is paying the borrow fees which should be like 5% Apr max?