Binance Futures to Launch CUSDT and VELVETUSDT Perpetual Contracts

Huobi HTX has introduced new perpetual contracts for C/USDT, VELVET/USDT, and THE/USDT, featuring a trading party with a $20,000 prize pool.

USDT

239d ago

Summary

On July 16, Huobi HTX launched perpetual contracts for C/USDT, VELVET/USDT, and THE/USDT, offering up to 20x leverage. A trading event from July 16 to July 23 allows users to win from a $20,000 prize pool for trades above 10,000 USDT, with new users receiving exclusive benefits.

Terms & Concepts

Perpetual Contract: A type of futures contract that does not have an expiration date, allowing traders to hold positions indefinitely.
Leverage: The use of borrowed funds to increase the potential return on investment, allowing traders to control larger positions with a smaller amount of capital.