Adjustment on Some Collateral LTVs for Crypto Loans

Dear users,

In order to improve the level of risk control, Crypto Loans will adjust some collateral LTVs at 11:00 on March 17th (UTC). The details are as follows:

Collateral

Initial LTV Before

New Initial LTV

Margin Call LTV Before

New Margin Call LTV

Liquidation LTV (unchanged)

Replenishment Space Before

New Replenishment Space

BTC

70%

65%

80%

72%

85%

5%

13%

ETH

70%

62%

80%

72%

85%

5%

13%

USDT

70%

65%

80%

72%

85%

5%

13%

HUSD

68%

60%

75%

70%

80%

5%

10%

BCH

68%

60%

75%

70%

80%

5%

10%

LTC

68%

60%

75%

70%

80%

5%

10%

HT

68%

60%

75%

70%

80%

5%

10%

 1. Loans that have been generated before the adjustment will still be executed in accordance with LTVs before, and new loans generated after the adjustment will be executed in accordance with new LTVs;

2. This adjustment does not involve liquidation LTVs, and will not cause additional liquidation risks. Instead, users will have more buffer space and time to operate replenishment.

Where to borrow: 

Visit: www.huobi.com, and click [Finance] – [Crypto Loans] from the navigation menu

Web link: https://www.huobi.be/en-us/financial/pledge/

Collateral Coin Details: https://www.huobi.be/en-us/financial/pledge/detail/

*Please visit here to view User Manual: https://support.hbfile.net/hc/en-us/articles/900003764586

*Please visit here to view the FAQ: https://support.hbfile.net/hc/en-us/articles/900004824443

Thanks for your support!

Huobi Global

March 17th, 2021