Huobi HTX launched USDT-margined contracts with a joint margin model to help users trade efficiently
Recently, Huobi HTX ushered in a major innovation breakthrough, and the USDT-margined contract joint margin model was officially launched and opened to all users. This innovative model breaks the traditional trading restrictions and brings an unprecedented flexible trading experience and convenient and efficient money management to crypto users around the world.
Joint Margin Mode: Unlocking new trading possibilitiesThe
Joint Margin Model is an innovative trading mechanism that allows users to use non-USDT currencies such as BTC and ETH as margin to directly participate in USDT-margined contract trading.
Compared with the traditional model, which only supports USDT as margin, the joint margin model gives users greater flexibility in capital allocation. Currently, the supported margin currencies include USDT, BTC and ETH, which will be dynamically adjusted according to market demand and technological development, and users can pay attention to Huobi HTX-related announcements at any time to get the latest information.
The core advantage of the joint margin model is toimprove the utilization rate of funds and meet the needs of diversified transactions
, which greatly improves the utilization rate of users' funds, and is especially suitable for the "coin hoarding party" that holds high-quality assets.
In the traditional mode, users need to exchange BTC, ETH and other assets for USDT to participate in USDT-margined contract trading, which not only increases transaction costs, but also may miss market opportunities. After the joint margin model is launched, users only need to transfer BTC, ETH and other assets to the USDT-margined futures account, and then they can be traded directly as margin, taking into account asset holdings and market opportunities.
For example, users who hold a large amount of BTC and are optimistic about its long-term appreciation can use BTC as margin through the joint margin model to participate in short-term trading of USDT-margined contracts, which not only retains the long-term value of BTC, but also captures the additional income brought by market fluctuations. This model helps users to diversify their assets and maximize their returns, injecting new vitality into the crypto trading market.
Huobi HTX will continue to innovate and lead industry transformation, and
the successful launch of the joint margin model is the result of Huobi HTX's continuous promotion of product and service innovation by adhering to the concept of user first.
In the future, Huobi HTX will further optimize the trading experience of the joint margin model, enhance the stability and security of the system, and expand the range of supported currencies, enrich trading varieties, and improve trading strategies according to market feedback and user needs, so as to provide users with more comprehensive and professional trading solutions.