HTX to Launch KAS Trading and Deposits with 10X Margin Option

Crypto exchange HTX will open KAS deposits on December 19, followed by spot and margin trading against USDT, reinforcing its token listing expansion strategy.

USDT
KAS

Summary

HTX announced that KAS deposits will open on December 19, with KAS/USDT spot trading and 10X leverage margin trading starting December 24. Withdrawals will be available beginning December 25. This marks the exchange's latest expansion in token offerings and leveraged trading services.

Terms & Concepts
  • USDT: Tether, a U.S. dollar-pegged stablecoin used widely for trading in cryptocurrency markets.
  • Margin trading: A trading method allowing users to borrow funds to increase position size, potentially amplifying gains or losses.