Adjustment of Price Limit Mechanism for ALGO/USD and ALGO/USDT Swaps

ALGO Swap/USDT
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ALGO Swap/USD
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Dear Valued Users,

To offer you a better trading experience, Huobi Futures has adjusted the price limit mechanism parameters of ALGO/USD swaps and ALGO/USDT swaps. Please refer to the following details of the adjustment:

 

1.For ALGO/USD swaps

Rules before adjustment:

Normal hard price limit range: ±8%

Non-basis price limit range: ±6%

Basis price limit range: ±3%

 

Rules after adjustment:

Normal hard price limit range: ±24%

Non-basis price limit range: ±10%

Basis price limit range: ±15%

 

2.For ALGO/USDT swaps

Rules before adjustment:

Normal hard price limit range: ±8%

Non-basis price limit range: ±6%

Basis price limit range: ±3%

 

Rules after adjustment:

Normal hard price limit range: ±24%

Non-basis price limit range: ±10%

Basis price limit range: ±15%

 

For more details, please see>>>

Price Limit of coin-margined swaps

Price Limit of USDT-margined swaps

 

Risk Reminder: Digital asset derivatives are innovative investment products with significant price volatility. Trading digital asset derivatives carries a high level of risks. All of your margin balance may be liquidated in the event of extreme price movement. Please invest rationally and make decisions prudently. Huobi Futures will not be liable for any user loss from futures trading.

 

Thank you for your support!

 

Huobi Futures

November 18, 2021

 

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Huobi Global reserves the right in its sole discretion to amend, revise, or cancel this announcement at any time and for any reasons without prior notice.