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


This article should explan what you are looking for better than I ever could.


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


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

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


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 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 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.


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