Cross Margin Now Supports HT Collateral Deposits
To further broaden HT application scenarios and enhance users' trading experience, Huobi Global will support HT Cross Margin collateral deposits starting from 15:00 on December 16, 2019 (GMT+8) (the maximum amount of HT margin at the initial stage is 5000HT). Users can transfer HT assets from exchange account to the cross-margin account as margin collateral to support margin trades (but HT loans and HT margin trading pairs will remain unsupported for now).
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.
Cross margin supports the following 8 collateral tokens, 7 loanable tokens and 11 trading pairs:
Collateral tokens: HT (newly added), BTC, USDT, ETH, XRP, LTC, BCH, EOS
Loanable tokens: BTC, USDT, ETH, XRP, LTC, BCH, EOS
Cross-Margin Trading Pairs: BTC / USDT, ETH / USDT, XRP / USDT, LTC / USDT, BCH / USDT, EOS / USDT, ETH / BTC, XRP / BTC, LTC / BTC, BCH / BTC, EOS / BTC
Cross Margin Trading Rules
Difference between Cross Margin vs Isolated Margin
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.
December 13, 2019