Huobi HTX Lists COAI and 4 USDT Perpetual Contracts with 20x Leverage

HTX introduces two new leveraged contracts with a $20,000 prize pool event for eligible traders from October 10 to 17.

USDT

ZEC

204d ago

Summary

HTX has launched GIGGLE/USDT and ZEC/USDT perpetual contracts, offering up to 20x leverage. To celebrate, the exchange is hosting a trading event from October 10 to 17, with a $20,000 prize pool for participants achieving a trading volume of 10,000 USDT or more. New traders will also receive exclusive benefits.

Terms & Concepts

Perpetual Contract: A type of futures contract without an expiry date, allowing traders to hold positions indefinitely while paying or receiving funding fees.
Leverage: A trading feature that allows users to control a larger position size with a smaller amount of capital, amplifying both potential gains and losses.
USDT: Tether, a stablecoin pegged to the US dollar, widely used for trading and transferring value in cryptocurrency markets.