Huobi Global Raised the Quota of HT as Cross-margin Collateral
To further broaden HT application scenarios and enhance users' trading experience,Huobi raised the quota of HT as cross-margin collateral from the ceiling of 5,000 HT to 50,000HT on August 17, 2020. Users can transfer HT assets from exchange account to the cross-margin account as margin collateral to support margin trades.
Note: As margin balances count towards users' total HT balances, HT asset transfers to the cross margin account normally do not impact users' HT positions in Prime, FastTrack and tiered fee rates; however, if liquidation occurs, deduction of fees and margin interests could impact users' HT positions. As such, kindly monitor and maintain your collateral positions at all times.
Reminder: Margin trading uses a fraction of assets to potentially earn a bigger profit. Whilst accurate prediction of future price movements can allow you to earn a higher profit, if the market moves in the wrong direction, the loss will be correspondingly bigger. As such, ordinary users should avoid taking on highly leveraged trading positions to avoid liquidation of assets.
August 18, 2020
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