WBTCEUR
Wrapped Bitcoin / Euro
crypto

This is my way of shorting back in end of 2021. Supply WBTC, borrow 80% of WBTC and sell it.
0 risk of liquidation and essentially 0.8x short.
I closed the short at like 23k in 2023

I’ll give you an actual answer without trying to lecture you on the viability of the trade itself. It may not be the *best*, but it is *a* way to short.
Buy USDC, deposit into a lending protocol. Borrow WBTC or an alternate wrapped BTC depending on what the rates and other factors are that you find most attractive. Sell it, then deposit the proceeds back into your lending supply side. Repeat however many times you want for the amount of leverage you’re comfortable with.
Beware, if the trade goes south and you want to exit, it may be hard to unravel the trade depending how leveraged you are using this method, so plan and account for risk accordingly.

This is my way of shorting back in end of 2021. Supply WBTC, borrow 80% of WBTC and sell it.
0 risk of liquidation and essentially 0.8x short.
I closed the short at like 23k in 2023

I’ll give you an actual answer without trying to lecture you on the viability of the trade itself. It may not be the *best*, but it is *a* way to short.
Buy USDC, deposit into a lending protocol. Borrow WBTC or an alternate wrapped BTC depending on what the rates and other factors are that you find most attractive. Sell it, then deposit the proceeds back into your lending supply side. Repeat however many times you want for the amount of leverage you’re comfortable with.
Beware, if the trade goes south and you want to exit, it may be hard to unravel the trade depending how leveraged you are using this method, so plan and account for risk accordingly.