Reminder that spot margin trading is live on FTX!
You can go long any spot asset on FTX, and short the top ones.
All seamless, no need to much around with different wallets.
help.ftx.com/hc/en-us/artic
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can you work on a claim and increase position? like some exchanges do
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those are automatic, you don't need to click anything. If you deposit it'll automatically reduce the amount you're paying interest on, and if if you want to increase position you can just do it (sell short or withdraw short) and it'll auto-borrow
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Not a clear different in terms of liquidations.
Pros of spot margin: any coins against any other coins; and you get deliverable coins, so you can withdraw them/sell spot/etc.
Pros of perps: half the positions get paid funding, whereas for borrowing everyone pays interest
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Various brief technical snafus aside, very impressive platform. I was, mayhaps unreasonably, bearish FTX temporarily (due to said tech snafus), but have to admit am once more bullish.
P.S Would love to see quant zone support in mobile app, and more UI setting choices on Android
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All is good until your exchange shits it’s self and can’t cope with demand and your consumers are left holding big loses that you hold no accountable on. You admit fault publicly yet do nothing for your loyal customers that suffered due to your system not being able cope.
