Do not use crypto borrow services, or margin.

Hello everyone, I want to share my sad experience, I didn't want to spend my crypto, and decided to use it as collateral to borrow USD. These scheme is designed to take your money, it has no fund protection, no guarantees. Even with low LTV borrow amounts, your funds are at risk to get liquidated during high volatility. I have lost almost all my money due to unexpected market crash. The market is manipulated by big speculators - financial institutions that are coming here to take money.