Huobi HTX Introduces NIGHT/USDT Perpetual Contracts with 20x Leverage

The exchange offers a $10,000 reward pool for traders meeting volume requirements during its December promotion period.

USDT

Summary

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Terms & Concepts
  • Perpetual Contracts: A type of futures contract without expiration, allowing traders to hold positions indefinitely while using leverage.
  • USDT: Tether, a widely used stablecoin pegged to the US dollar.
  • Leverage: Borrowing funds to increase potential returns on investment, magnifying both gains and losses.