Digital Currency

Add as a preferred source on Google

Huobi HTX Extends October Derivatives Rollout With Two 20x Markets

The PG/USDT and ABBV/USDT contracts opened Oct. 26. A related trading promotion is scheduled to end Oct. 29.

Updated 1 min read
A commuter checks a smartphone beneath office towers in Singapore’s Raffles Place district. / EconoTimes.ai
A commuter checks a smartphone beneath office towers in Singapore’s Raffles Place district. / EconoTimes.ai

Huobi HTX expanded its October derivatives rollout on Oct. 26 with PG/USDT and ABBV/USDT perpetual contracts, giving traders two more Tether (USDT)-paired markets with leverage capped at 20x.

The additions follow the exchange’s Oct. 22 launch of CMCSA/USDT and IOST/USDT markets. EconoTimes’ earlier coverage of the CMCSA and IOST listings reported a 20x leverage ceiling and an Oct. 29 contest deadline for that rollout.

Traders can use 1x to 20x leverage in either new market, whether taking a long or short position. Neither contract has a fixed expiration date.

Huobi HTX has tied a trading promotion to the latest launch. Participants must register, trade eligible contracts and meet the event’s other conditions to be eligible for a chance to share rewards comprising 1 billion HTX tokens and contract trial funds totaling 5,000 USDT. The requirements tie eligibility to qualifying trading activity.

The promotion is scheduled to end Oct. 29.

Related articles

View all