What's the smartest way to short Bitcoin in fiat currency
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How can I short Bitcoin in any real world currency (USD/GBP/etc). That is: take a position in some financial instrument in the real world that is always negatively correlated with the bitcoin price? Ideally I would want a far out of the money put option, but even just being able to short on margin with some real-world entity (like a brokerage or investment bank) would work.

The instrument cannot itself run on any other blockchain, I'm looking for something in the real world (like a listed company or ETF).

Crowdsource coding tasks.

2 Solutions

Winning solution

Solution

This article should explan what you are looking for better than I ever could.
https://bravenewcoin.com/insights/dont-believe-in-bitcoin-here-are-5-ways-to-short-it


Hi,

It depends on your country, i will recommend the most trusted services:

Changelly

Changelly is currently top #1 exchangers when you could exchange/ buy /sell crypto to FIAT.

link: https://changelly.com/?ref_id=iwpsrsjqra2kh7gj

AdvCash

advcash is giving VISA cards that could be used in ATM worldwide. services depends from country to another.

link: http://wallet.advcash.com/referral/7407f290-f917-4558-9ef4-18019b625922

Coinbase

Coinbase is an exchanger and you could withdraw to FIAT depending on your country.

link: https://www.coinbase.com/join/hchlegou

check countries availability from here: https://www.coinbase.com/places

Payeer

Payeer is also nice, you could withdraw but it depends on your country also. but somehow it have higher fees compared to other services.

link: https://payeer.com/05646724

by specifying your country, i could help you out to select the best option.

Thanks.

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