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Huobi HTX Lists BARD, STBL, TOSHI Perpetual Contracts With 20x Leverage

Huobi HTX introduces new perpetual contract for BLESS/USDT and announces a trading event with a $10,000 prize pool, running from September 24 to October 1.

Summary

Huobi HTX has launched the BLESS/USDT perpetual contract, offering up to 20x leverage, and is hosting a trading event with a $10,000 prize pool from September 24 to October 1. Users who trade a minimum of 10,000 USDT can participate in the event for a chance to win rewards, with exclusive benefits for new contract traders.

Terms & Concepts
  • Perpetual Contract: A type of futures contract in cryptocurrency trading with no expiration date, allowing traders to hold positions indefinitely.
  • USDT: Tether, a stablecoin pegged to the US dollar, often used as a base currency in crypto trading pairs.
  • Leverage: The use of borrowed funds to increase potential returns on investment, expressed as a ratio such as 20x.