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WHAT DOES SHORTING CRYPTO MEAN? SHORT vs LONG TUTORIALList of 5 Best Platforms to Short Cryptocurrencies � Covo Finance- Best Decentralized Exchange with Up to 50X leverage � Binance- Largest exchange. Crypto shorting is a trading strategy used to make profits by borrowing cryptocurrencies from an online broker, selling them at a higher price and buying them. Can You Short Crypto? Yes. Crypto shorting most commonly happens by using �margin,� � which essentially means borrowing crypto. You then sell.