Back

HTX Launches WCT/USDT Perpetual Contracts with Up to 20x Leverage

HTX announces WCT/USDT perpetual contracts alongside a $10,000 prize pool event for eligible traders running from December 31 to January 7.

USDT

Summary

HTX has listed WCT/USDT perpetual contracts, offering up to 20x leverage, according to the company’s official announcement. A promotional trading event runs from December 31 at 17:00 to January 7 at 17:00 (UTC+8), featuring a $10,000 prize pool. Registered users with an effective trading volume of at least 10,000 USDT will receive rewards, while new contract users qualify for additional benefits.

Terms & Concepts
  • Perpetual Contracts: A type of futures contract without an expiry date, allowing continuous trading and position holding.
  • Leverage: Borrowed capital that enables traders to increase their market exposure, amplifying both potential gains and losses.
  • USDT: Tether, a stablecoin pegged to the U.S. dollar, used widely in cryptocurrency trading.