Most of the traditional crypto exchanges doesn’t allow cryptocurrencies shorting,
very annoying during the 2018 market, extemely bearish that have seen the bitcoin collapsing from 20 000 $ to just more than 5000$,
generating incredible clear shorting opportunities.
Since few months now, LMAX Exchange, the world’s leading LondonMultiAssetExchange extanded its offer to cryptos CFDS , on Bitcoin, Etherum, Ripple ans Bitcoin cash.
With sell/buy cfds contracts, excellent liquidity/execution and extremely low spreads, within few months LMAX Exchange simply became the best trading platform for short term trading like scalping or daytrading on cryptocurrencies. Combined to Multicharts platform, it’s now possible to build very efficient trading algorithms that are able to profit from bullish or bearish trends for a fraction of the cost of a custom application that would need all the development to access the exchange.