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For those who need capital utilization,
this is a useful feature.
But in terms of risk,
it's a tool that amplifies your risk.
Use funds to buy stocks spot, then use those stocks as margin for futures.
The logic is the same as coin-margined trading.
But coin-margined has directionality within the same product.
If your US stock spot drops while your short BTC rises,
would that accelerate liquidation?