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 Model: Unlock new trading possibilities

The 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.

Improve the utilisation rate of funds to meet the needs of diversified transactions

The core advantage of the joint margin model is that it greatly improves the utilisation rate of users' funds, which is especially suitable for "coin hoarders" who hold 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 maximise their returns, injecting new vitality into the crypto trading market.

Huobi HTX will continue to innovate and lead industry changes

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 optimise 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.

3.48K

The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.