FTX CEO discusses on today what sets FTX apart from the other crypto exchanges and the U.S. regulatory environment, "We try to push forward what customers want"
Watch the full interview here: cnbc.com/video/2021/07/
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by the way, can FTX separate "PERP" and "SPOT" wallet? also maybe by default, customer should not have access to "margin" unless they tick some box - I made a mistake when purchasing something SPOT market and dragging the bar to 100% USD I have, turn out its AUTO borrow :(
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you have to turn on spot margin in order to use it
yeap, I turned that ON from setting for the lending purpose, didn't expect that dragging to 100% when buying SPOT will automatically "borrow" some, was assuming its same with Binance that dragging slide bar to 100% will use whatever USD I have, without borrow.
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mistake on my end, assuming that choosing 100% bar when buying SPOT works the same between Binance and FTX, but probably FTX can make it more obvious, like maybe additional prompt asking "are you sure you want to borrow this much" :) *just a suggestion.