HTX Margin Upgrades Liquidation Process

Dear HTX Users,

To enhance your trading experience, HTX Margin has optimized its liquidation process.

The new liquidation process is as follows:

1. When forced liquidation is triggered in your Margin account, your assets will be liquidated in batches based on the account's debts. The liquidation stops when the account's risk ratio rises above 150%.

2. During liquidation, fees will be charged based on the actual amount liquidated for each position.

 

Example: If a user had three liquidations of 100 USDT, 300 USDT, and 600 USDT, totaling 1,000 USDT, the fees will be charged based on each liquidated amount.

 

Happy trading with HTX!

 

HTX Team

March 25, 2024

 

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HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on HTX. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.