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Huobi HTX Launches AZTEC/USDT Perpetual Contracts With 20x Leverage

The exchange offers a $10,000 reward pool for traders meeting volume thresholds between February 12 and 19, with added incentives for new participants.

USDT

Summary

Huobi HTX has listed AZTEC/USDT perpetual contracts on February 12, allowing up to 20x leverage. A promotional event running until February 19 will distribute a $10,000 prize pool among users achieving at least 10,000 USDT in trading volume, with additional rewards for first-time contract traders.

Terms & Concepts
  • Perpetual Contracts: A type of futures contract in cryptocurrency trading that has no expiration date, allowing positions to be held indefinitely.
  • Leverage: Using borrowed capital to increase trading position size, which amplifies both potential gains and losses.
  • USDT: Tether, a stablecoin pegged to the US dollar and commonly used for trading and transactions in cryptocurrency markets.