Huobi HTX launches USDT-margined contract joint margin model to help users trade efficiently

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The successful launch of the joint margin mode is a result of HTX's user-first philosophy and continuous drive for product and service innovation.

Recently, HTX achieved a major innovative breakthrough with the official launch and opening of the USDT-based contract joint margin mode to all users. This innovative mode breaks through traditional trading restrictions, bringing unprecedented flexible trading experiences and convenient, efficient fund management methods to global crypto users.

Joint Margin Mode: Unlocking New Trading Possibilities

The joint margin mode is an innovative trading mechanism that allows users to use non-USDT currencies like BTC and ETH as margin to directly participate in USDT-based contract trading.

Compared to traditional modes that only support USDT as margin, the joint margin mode grants users greater fund allocation flexibility. Currently supported margin currencies include USDT, BTC, and ETH, with future adjustments based on market demands and technological developments. Users can stay updated by following HTX's related announcements.

Improving Fund Utilization and Meeting Diverse Trading Needs

The core advantage of the joint margin mode is significantly improving users' fund utilization, especially suitable for "asset hoarders" holding quality assets.

In traditional modes, users need to convert BTC, ETH, and other assets to USDT to participate in USDT-based contract trading, which increases trading costs and may cause users to miss market opportunities. After the joint margin mode launch, users only need to transfer BTC, ETH, and other assets to the USDT-based contract account to directly trade as margin, balancing asset holding and market opportunities.

For example, users holding large amounts of BTC and optimistic about its long-term appreciation can use BTC as margin through the joint margin mode to participate in short-term USDT-based contract trading. This approach retains BTC's long-term value while capturing additional income from market fluctuations. This mode helps users achieve diversified asset allocation and maximize returns, injecting new vitality into the crypto trading market.

HTX Will Continue Innovating and Leading Industry Transformation

The successful launch of the joint margin mode is a result of HTX's user-first philosophy and continuous drive for product and service innovation.

In the future, HTX will further optimize the joint margin mode's trading experience, enhance system stability and security, and expand supported currency ranges based on market feedback and user needs. By enriching trading varieties and refining trading strategies, HTX aims to provide users with more comprehensive and professional trading solutions.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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