Huobi HTX to Open IR Deposits Dec. 17; IR/USDT Trading Same Day

According to Huobi HTX, IR deposits will open Dec. 17, with IR/USDT 10X leverage trading the same day, supporting Infrared Finance’s liquidity infrastructure on Berachain.

USDT

Summary

Huobi HTX announced it will open IR deposits on December 17 at 16:00 GMT+8, followed by IR/USDT trading with up to 10X leverage at 20:00 GMT+8. Withdrawals will be available starting December 19. The IR token is part of Infrared Finance’s liquidity infrastructure built on Berachain. This is an official statement from the exchange.

Terms & Concepts
  • Leverage trading: Trading with borrowed funds to increase position size; magnifies both gains and losses.
  • Infrared Finance: A project providing liquidity infrastructure and staking mechanisms, operating on the Berachain blockchain.
  • Berachain: A blockchain network designed to support decentralized finance and liquidity-focused applications.