In the ever-changing cryptocurrency market today, user demand for financial products is gradually shifting towards flexibility, efficiency, and stable returns. Huobi HTX has deeply understood the market demand and officially launched its annual heavyweight product - Pledge Lending【Dynamic Interest Rate Product】on December 2nd, 11:00 (UTC+8). Through innovative designs such as dynamic interest rates, high pledge rates, unlimited lending and borrowing, and 0 fees, Huobi HTX provides users with a more flexible, more efficient, and more worry-free crypto financial lending experience. The on-demand product initially supports USDT, BTC, and ETH lending and pledging, and will gradually expand the supported currencies in the future. At the same time, the first "Lending is Mining" time-limited event has been launched, allowing participants to share the 2,700,000,000 HTX prize pool.
Three Highlights of the Product: Flexible, Efficient, and Worry-free Lending
As a breakthrough in traditional lending products, Huobi HTX's on-demand dynamic interest rate product fully considers market demand and user experience, and innovatively introduces the following three core functions:
Dynamic Interest Rate Mechanism: Maximizing Capital Utilization Efficiency
Unlike traditional fixed-rate products, Huobi HTX's on-demand dynamic interest rate product flexibly adjusts the interest rate based on market fluctuations, ensuring that users always enjoy the most competitive lending conditions in the industry, without worrying about the cost pressure that may come with fixed interest rates. Users don't need to switch strategies frequently, and can get the best lending experience in the dynamic changes.
Unlimited Lending and Borrowing, Borrow and Repay at Any Time: No Worries about Liquidity
To meet the diverse needs of users, whether individual investors or institutional users, whether small-scale turnover or large-scale capital allocation, the product can provide full support, truly achieving flexible and free use. Users can borrow and repay at any time according to their own needs, providing users with flexible capital allocation solutions in the complex market.
High Pledge Rate, 0 Fees: Reducing Capital Usage Threshold and User Costs
Through an efficient pledge mechanism, users can leverage more capital with fewer assets to meet various investment and trading needs, further improving asset utilization efficiency. At the same time, additional fees are waived, bringing users a more efficient and economical lending experience.
Heavyweight Benefits: The First "Lending is Mining" Event, 2.7 Billion HTX Waiting to be Shared
To celebrate the product launch, Huobi HTX has also launched the "Lending is Mining" event, with a total prize pool of 2,700,000,000 HTX. During the event period (December 2nd, 11:00 to December 8th, 23:00 (UTC+8)), users who participate in the on-demand USDT lending product will share the HTX prize pool based on the proportion of their cumulative interest paid to the total interest income of the platform's on-demand USDT lending (only for the on-demand USDT lending product); the higher the proportion of cumulative interest paid, the more HTX rewards.
What's more worth looking forward to is that a special incentive surprise has been set up for this event: if the scale of the on-demand USDT lending product exceeds 30 million USDT at the end of the event, the prize pool for the next event will be directly doubled, bringing users more earning opportunities.
Meeting User Needs in Multiple Scenarios, Reshaping the Future of Crypto Lending
Huobi HTX has always adhered to the user-centric service concept, relying on the globally leading technical team to deeply understand user needs. From the setting of on-demand dynamic interest rates to 0 fees, Huobi HTX has always optimized product design from the user's perspective. Whether it's ordinary users, high-frequency traders, or institutional users, they can find usage scenarios that suit their own needs in this product.
For high-frequency traders and arbitrage players: The flexibility of borrow and repay at any time, combined with the high pledge rate, allows users to quickly capture market opportunities, while avoiding the cumbersome operation of traditional lending products.
For long-term investors: The lending product can help users maximize returns by obtaining additional funds for investment while maintaining their existing asset holdings.
For institutional users: Huobi HTX's high pledge rate and 0 fees significantly reduce capital costs, while providing flexible capital management solutions to help them operate efficiently.
In the future, Huobi HTX will continue to focus on creating more innovative products that cater to market demand, with better service and higher technical standards, to help users increase their asset value and inject new vitality into the global crypto financial market. Experience the on-demand dynamic interest rate product of Pledge Lending now and explore the new chapter of crypto finance!
