>>60651440 spot shorting crypto is insanely expensive in the US and i dont want to have to apply for a futures trading account or use defi, im hoping this is a new cheap easy way to hedge crypto if the market goes ballistic in the next year
>>60651379 (OP) >>60651481 >go on Aave >deposit USDC >borrow eth >send to coinbase >sell eth >buy back eth when lower price point reached >repay loan on Aave
>>60651958 >>60652455 sorry i should still try to be helpful, a big advantage of hedging is tax minimizing so converting ETH to aETH by messing around with depositing collateral back and forth to the aave smart contract is something i want to avoid