I never tried to get a loan on the CEX exchange, Binance and OKX also offer loans I just don't hold many assets on exchanges it's pretty risky. If you are planning to hold asset exchanges is not a good place to hold your crypto.
However, your strategy might be good if you know the price will recover but if it does not, the result might become worse I read the terms, and it is partial liquidation why not just exchange a small amount of your ETH to USDT since you can use the higher leverage on futures with a margin of $10USDT you can make it $1000 as 100x leverage it is likely the same as you get a loan?
You better learn how to use stop-loss in future trading it's risky if you keep holding a position in futures you better learn risk management so that you can avoid losing much when the market is not going to what you expect.
A very considerable kind of suggestion or recommendation when it comes about risks handling dealing up with CEX platforms. Although these things might really be that good looking or However, your strategy might be good if you know the price will recover but if it does not, the result might become worse I read the terms, and it is partial liquidation why not just exchange a small amount of your ETH to USDT since you can use the higher leverage on futures with a margin of $10USDT you can make it $1000 as 100x leverage it is likely the same as you get a loan?
You better learn how to use stop-loss in future trading it's risky if you keep holding a position in futures you better learn risk management so that you can avoid losing much when the market is not going to what you expect.
something that everyone is really that dealing into something but when it comes to long term aspect then it wouldnt really be always recommended on storing up funds into CEX
on which we know that they could really be that anytime get fucked and ending up on having those issues on which it would really be causing up for your funds to have that being locked or would really
be that gone. If you are really that prepared for such condition then its up into you on having this kind of set up but if not then it wouldnt be ideal on making up such step.
Taking up some loans is never been that a good thing in this case specially on crypto investment or whatever purpose you would really be taking as long it do involves crypto
on which we know that price couldnt really be that predictable every since and if you are really that depending into the income or profit it would make then it would really be just that suicide.
