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HTX officially announced the launch of the EDGE/USDT perpetual contract

HTX officially announced the launch of the EDGE/USDT perpetual contract

According to HTX’s official statement, the exchange launched an EDGE/USDT perpetual contract with up to 10x leverage and paired the listing with a time-limited trading event.

USDT

Summary

HTX said in an official announcement that it launched the EDGE/USDT perpetual contract on April 1, offering traders up to 10x leverage. According to the company’s statement, HTX will also run an EDGE trading event from April 1 at 13:00 to April 8 at 13:00 UTC+8, with a $10,000 prize pool.

Terms & Concepts
  • Perpetual contract: A crypto derivatives contract without an expiry date, allowing traders to maintain leveraged positions over time.
  • USDT: A U.S. dollar-pegged stablecoin commonly used as a quote currency and settlement asset in crypto trading.
  • Leverage: A trading mechanism that lets users control a larger position with less capital, magnifying both gains and losses.