#Singapore #USDT #HTX #FUTURES

HTX Introduces Multi-Assets Collateral Mode

In a significant move for the crypto trading landscape, HTX, a prominent global cryptocurrency exchange, has introduced the Multi-Assets Collateral Mode specifically for USDT-margined futures. This innovative feature empowers traders to deploy their capital more flexibly and efficiently.

A New Horizon in Futures Trading

The new mode allows users to utilize various assets such as Bitcoin (BTC), Ethereum (ETH), and others as collateral in futures trading. Historically, traders were required to convert these assets into USDT to participate in the USDT-margined futures market, a process that often led to additional transaction costs and potential loss of market opportunities. However, with the Multi-Assets Collateral Mode, this limitation is now a thing of the past.

By enabling the use of non-USDT assets, HTX aims to enhance the trading experience, providing users with the flexibility to conduct trades without the need for conversion. Initial support includes BTC, ETH, and USDT as collateral assets, with plans for HTX to expand the list as market conditions evolve.

Benefits for Long-Term Holders

One of the standout advantages of this feature is its potential to boost capital efficiency. Particularly beneficial for long-term holders, the new mode allows them to maintain their positions in BTC, ETH, or other valuable cryptocurrencies while actively engaging in futures trading. This effectively means that traders can leverage their long-term holdings for short-term trading opportunities, striking a balance between safeguarding their assets and capitalizing on market volatility.

For instance, a trader holding Bitcoin who believes in its long-term value can now use that Bitcoin to trade USDT futures. This dual strategy enables the individual to potentially profit from immediate market fluctuations without having to part with their primary investments.

HTX’s Commitment to Innovation

HTX's multi-assets collateral launch serves as a testament to the platform’s ongoing dedication to providing user-centered innovations. As the exchange continues to advance its offering, it also plans to improve performance and stability. HTX aims to introduce additional advanced trading tools and strategies to cater to a broad spectrum of trader needs.

The introduction of the Multi-Assets Collateral Mode not only positions HTX at the forefront of futures trading innovation but also reflects its strategy focusing on user experience, safety, and compliance.

About HTX

HTX, established in 2013, has significantly evolved from a simple virtual asset exchange into a well-rounded blockchain ecosystem. Covering areas like digital asset trading, financial derivatives, research, and investment, HTX is a leading gateway to the world of Web3. The platform prides itself on providing secure, reliable, and quality services to a global user base.

Stay updated with HTX’s latest offerings and improvements by visiting their official website and following their channels on platforms like Telegram and Discord. HTX's drive to enhance user experiences in the cryptocurrency marketplace is bound to make waves in the coming future.