Cross-Margin Experience Period Ends and Is Official Launched on Huobi Global
The public beta phase of the “Cross-Margin” of Huobi Global ended at 15:00 on September 17, 2019 and it is now officially available to all users. At the moment, Huobi Global shall make available these two options of margin products:
Cross Margin: Cross-margin trading allows all the available balance in the account to be used as margin, so as to avoid being liquidated.
Isolated Margin: Isolated margin is from a separate margin account reserved for one position only, in isolation from other positions. In the event of high volatility and leverage ratio, the balance will remain unaffected.
Operation guideline: Users can switch the cross-margin/solated margin mode at the trading page of Huobi Global according to personal risk preferences. Currently, only the web end is supported.
About Cross Margin
1. Margin Mode: The margin of full-position leverage (Cross Margin) is a shared margin for all positions and is supported by the total balance of the margin account.
2. Open Trading Pairs: now support BTC/USDT, ETH/USDT, LTC/USDT, BCH/USDT, EOS/USDT, XRP/USDT, ETH/BTC, LTC/BTC, BCH/BTC, EOS/BTC, and XRP/BTC.
3. Margin (loan) Coins: BTC, ETH, LTC, BCH, EOS, XRP, and USDT.
4. Loan Multiple: 3 times
5. Margin Interest Rate: 0.098% daily interest rate (hourly interest, support point card deduction)
Reminder: reasonable operation of margin trading can achieve huge bonus by small input and double your profits. But at the same time, you must bear risks of doubling possible losses. Due to the large fluctuations in the price of digital assets, please be sure to fully understand risks of margin transactions and be prudent of your decisions.
September 17, 2019