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HTX to Launch ENSO Trading and Deposit Services on January 26

HTX expands its offerings with new ENSO and SPACE perpetual contracts up to 20x leverage, alongside a trading competition with a 20,000 USDT prize pool.

USDT

Summary

Huobi HTX announced the launch of SPACE/USDT and ENSO/USDT perpetual contracts on January 26, each with up to 20x leverage. The exchange will host a trading competition from January 26 to February 2 with a 20,000 USDT prize pool, open to participants who achieve a trading volume of at least 10,000 USDT.

Terms & Concepts
  • ENSO: A unified network that connects multiple blockchains to support both Web2 and Web3 applications.
  • USDT: A stablecoin pegged to the U.S. dollar, widely used for cryptocurrency trading.
  • Perpetual Contract: A type of futures contract with no expiry date, allowing traders to hold positions indefinitely while often using leverage.