1. Fair. I could see how that’s true. You’d still be out all the bitcoin.
2. Liquidation is not possible if you never gave them your bitcoin in the first place
1. Fair. I could see how that’s true. You’d still be out all the bitcoin.
2. Liquidation is not possible if you never gave them your bitcoin in the first place
Not all, 80%. And you could always post more collateral to protect.
2 is correct.