In today's ever-changing cryptocurrency market, users' demand for financial products is gradually shifting towards flexibility, efficiency and stable returns. Huobi HTX has a deep insight into market demand and officially launched its annual blockbuster product - pledged borrowing [current dynamic interest rate product] at 11:00 (UTC+8) on December 2. Through innovative designs such as dynamic interest rates, high pledge rates, unlimited borrowing, and 0 handling fees, Huobi HTX provides users with a more flexible, efficient, and worry-free crypto financial lending experience. The current product first supports USDT, BTC, and ETH lending and staking, and will gradually expand the range of supported currencies in the future. At the same time, the first "borrowing is mining" limited-time event was launched, and participants participated in the sharing of the 2,700,000,000 HTX prize pool.
Three major product highlights: flexible, efficient and worry-free lending
As a breakthrough lending product, Huobi HTX's dynamic interest rate product fully considers market demand and user experience, and innovatively launches the following three core functions:
Dynamic interest rate mechanism: maximizing the efficiency of capital use
Unlike traditional fixed-rate products, Huobi HTX's current dynamic interest rate products flexibly adjust interest rates according to market fluctuations, ensuring that users always enjoy the most competitive lending conditions in the industry without having to worry about the cost pressure that fixed interest rates may bring. Users do not need to frequently switch strategies and can get the best lending experience in dynamic changes.
Unlimited loan amount, borrow and repay at any time: worry-free liquidity
The product can fully support the diverse needs of users, whether they are individual investors or institutional users, whether they are small-scale turnover or large-scale fund allocation, and is truly flexible. Users can borrow and repay at any time according to their own needs, providing users with a flexible fund allocation plan in a complex market.
High pledge rate, 0 handling fee: lower the threshold for fund use and user costs
Through an efficient pledge mechanism, users can leverage greater capital with fewer assets, meet a variety of investment and trading needs, and further improve asset utilization efficiency. At the same time, additional handling fees are waived, providing users with a more efficient and economical lending experience.
Big Benefit: The first phase of "Lending is Mining", 2.7 billion HTX are waiting for you to share
To celebrate the launch of the product, Huobi HTX simultaneously launched the "Lending is Mining" event, with a total prize pool of up to 2,700,000,000 HTX. During the event period (11:00 on December 2 to 23:00 on December 8 (UTC+8)), users who participate in the current USDT lending product will share the HTX prize pool (only for USDT current lending products) according to the proportion of their accumulated interest expenditure to the total interest income of the platform's current USDT lending; the greater the proportion of accumulated interest expenditure, the more HTX rewards will be shared.
What is even more exciting is that this event has a special incentive Easter egg: if the scale of current USDT lending products exceeds 30 million USDT at the end of the event, the prize pool for the next event will be doubled, bringing more profit opportunities to users.
Meeting users' multi-scenario needs and reshaping the future of crypto lending
Huobi HTX always adheres to the service concept of user-first, relying on the world's leading technical team and deeply understanding user needs. From the dynamic interest rate of current deposits to the setting of 0 handling fees, Huobi HTX always optimizes product design from the user's perspective. Whether it is ordinary users, high-frequency traders or institutional users, they can find usage scenarios that suit their needs in this product.
For high-frequency traders and arbitrageurs : The flexibility of borrowing and repaying at any time coupled with a high collateralization rate allows users to quickly capture market opportunities while avoiding the cumbersome operations of traditional lending products.
For long-term investors : Lending products can help users obtain additional funds for investment while maintaining existing assets, thereby maximizing returns.
For institutional users : Huobi HTX's high pledge rate and 0 handling fees significantly reduce capital costs, while providing a flexible fund management solution to help it operate efficiently.
In the future, Huobi HTX will continue to be committed to creating more innovative products that meet market demand, helping users realize asset appreciation with better services and higher technical standards, and injecting new vitality into the global crypto financial market. Experience the dynamic interest rate product of pledged currency borrowing immediately and explore a new chapter in crypto finance!
