How to Short Bitcoin in the Crash: Step by Step on Bitget and OKX

To short Bitcoin means to bet on a falling price. After a Binance hot wallet was drained of about $2.8 billion on Thursday night and Bitcoin slipped below $79,000, many traders are asking whether they can profit from the drop or hedge their holdings. They can. The most direct way for most readers outside the EU is a perpetual futures contract on Bitget, where you open a short position in a few clicks. In the EU, OKX Europe offers regulated futures with up to 10x leverage.