HTX Lists RIVER/USDT Perpetual Contract with 20x Leverage
HTX has introduced KITE perpetual contracts alongside ZEN and DASH, offering up to 20x leverage and a $20,000 prize pool promotional event running from November 3 to 10.
USDT
DASH
Summary
According to an official announcement, HTX launched KITE/USDT perpetual contracts with up to 20x leverage on November 3. This launch complements existing ZEN and DASH perpetual contracts and is accompanied by a promotional trading event from November 3 to November 10. Participants who trade any of the KITE, ZEN, and DASH contracts with cumulative volumes exceeding 10,000 USDT can share a $20,000 prize pool.
Terms & Concepts
- Perpetual Contract: A type of futures contract in cryptocurrency trading without an expiry date, allowing traders to hold positions indefinitely.
- USDT: A stablecoin pegged to the U.S. dollar, widely used for trading and transferring value in cryptocurrency markets.
- Leverage: The use of borrowed capital to increase the potential return of an investment, allowing positions larger than the available margin.