I have a certainty of confidence that ftx will do a bnb in last bull cycle ~ just look at their product offerings! Best in the space! Tho I wish they hvr btc settled stuff too or coin margined stuff .
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FWIW:
1) you can use coins as collateral, but yeah PnL is in USD
2) you can now do spot-margin trades against other coins! So you can get long/short ETH/BTC spot. Then all PnL will be in ETH or BTC, not USD.

