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

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Recently, Huobi HTX achieved a major innovative breakthrough with the official launch and opening to all users of the USDT-based contract joint margin mode. This innovative mode breaks through traditional trading restrictions, bringing 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 cryptocurrencies 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 provides users with 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 Huobi 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 "HODLers" 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 potentially misses 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 substantial BTC and confident in its long-term appreciation can use BTC as margin through the joint margin mode to participate in short-term USDT-based contract trading, retaining 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.

Huobi HTX Will Continue Innovating and Leading Industry Transformation

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

In the future, Huobi HTX will further optimize the joint margin mode's trading experience, enhance system stability and security, and expand supported cryptocurrency ranges based on market feedback and user needs, enriching trading varieties and refining trading strategies 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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