HTX Unveils Phase Two of TradFi Trade to Earn Campaign with Generous Prize Pool

HTX Launches Phase Two of TradFi Trade to Earn Campaign

On August 5, HTX took an exciting step in the world of cryptocurrency and traditional finance by launching the second phase of its TradFi Trade to Earn initiative. This new campaign brings together an impressive selection of 28 TradFi perpetual futures trading pairs across four major categories: stocks, indices, commodities, and precious metals. With this initiative, HTX is not just providing opportunities for users to engage in trading, but also allowing them to do so with significantly reduced costs due to negative fee rates.

Key Features of the Campaign

One of the standout features of this trading phase is its dual-track incentive structure. Participants can benefit from negative fee rates on trades, enabling them to maximize their returns. Specifically, the rewards system is designed to encourage trading activity, with $HTX rewards based on the actual fees incurred and enhanced reward ratios for different order types. For Maker orders, users can earn a reward ratio of 110%, while Taker orders offer a 105% reward ratio. This not only enhances profit potential but also significantly lowers the cost of frequent trades, making it engaging for high-frequency traders seeking to capitalize on market movements.

From August 5 until August 15, those who register for the event and successfully trade the designated pairs can earn from a prize pool totaling $80,000. This prize distribution intends to reward active participation and encourage robust trading activity across the selected pairs, with a daily cap of $8,000 in rewards.

Strategic Growth and Buyback Initiative

A notable aspect of this campaign is how HTX plans to reinvest in its ecosystem. All trading fee revenue generated on the designated TradFi pairs during the campaign will be directed towards $HTX buybacks. The repurchased tokens are set to be burned periodically, a move that reflects HTX's commitment to enhance the long-term value of the $HTX token. Through this buyback strategy, HTX aims to foster a healthy and stable ecosystem for its traders and investors alike.

Variety of TradFi Assets

HTX’s marketplace combines the best of traditional finance within a cryptocurrency exchange, liberating users from the constraints typically associated with trading hours and geographical limitations. This innovative approach enables users to trade globally recognized TradFi assets around the clock. The array of available assets includes highly liquid trading pairs in precious metals like XAU and XAG, commodities including USOIL and BRENTOIL, and a wide range of stock options spanning notable companies such as Microsoft, Google, and Nvidia.

This selection not only diversifies trading options for users but also allows them to take advantage of market movements and macroeconomic events as they happen, thereby optimizing their asset allocation and risk management strategies.

Looking Ahead

As HTX navigates through this transformative phase in both crypto and traditional finance sectors, it is evident that the company is committed to deepening its focus in this marketplace. Plans are underway to introduce more asset classes, advanced trading tools, and targeted campaigns aimed at enriching the trading experience for users worldwide. Following the enthusiastic reception of the first phase, HTX is well poised to build on its TradFi strategy and continue offering innovative solutions that connect traditional finance to the crypto space.

Through ongoing Trade to Earn initiatives, HTX exemplifies how traditional trading methods can be assimilated into the realm of cryptocurrency, paving the way for a new horizon in trading strategies and opportunities. The future of cryptocurrency trading looks bright, and HTX is leading the charge towards a more integrated trading environment.