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Huobi HTX to Launch XPL Trading and Margin Services on September 26

Huobi HTX will launch PUMP/USDT spot trading, margin services, and begin deposits for the $PUMP token, the official utility token of the Pump.fun platform.

USDT
SOL

Summary

Huobi HTX will enable PUMP deposits on September 29 at 15:00 GMT+8, followed by PUMP/USDT spot and 10X isolated margin trading at 19:00 GMT+8. Withdrawals for PUMP will begin on October 1. The $PUMP token is the utility token of the Solana-based Pump.fun protocol, which focuses on low-cost token issuance and trading.

Terms & Concepts
  • PUMP Token: The official utility token of the Pump.fun platform, a Solana-based protocol enabling low-cost token issuance and trading.
  • Spot Trading: A type of trading where assets are bought and sold for immediate delivery at the current market price.
  • Margin Trading: A trading method where users borrow funds to trade assets, with the potential to increase both profits and losses using leverage.