Dear HTX Users,

HTX has introduced an upgraded margin mechanism to enhance user asset security and improve the margin trading experience.

To celebrate this, we will be launching a limited-time margin trading promotion with four incredible rewards. Join now!

 

Features of upgraded HTX margin:

1. The maximum leverage of 10x for isolated margin, and 5x for cross margin.

2. Margin risk ratio reduced from 105% to 100%

3. Tiered collateral weights for margin trading pairs

4. Increasingly diverse assets for margin trading

 

How to access upgraded HTX Margin?
1. Visit the HTX website on your PC and navigate to the margin trading page.
2. Click New Margin on the right side of Beginner's Guide.

 

Reward 1: Trade on Margin and Stand a Daily Chance to Enjoy Zero Trading Fee for a Year

Event Period: 12:00 (UTC) on April 17, 2023 - 12:00 (UTC) on May 17, 2023

Event Rules: Users who perform margin trades on HTX and reach a daily trading volume of 1,000 USDT during the event period will be eligible for up to 12 months of zero margin trading fees.

Task	Reward	Note
Daily margin trading volume of ≥ 1,000 USDT	1-day zero margin trading fee	30 winners daily selected at random
	3-month zero margin trading fee	1 winner daily selected at random
	6-month zero margin trading fee	1 winner daily selected at random
	1-year zero margin trading fee	1 winner daily selected at random

 

Notes:

• Lucky Draw Rules: Based on the 24-hour trading volume on HTX for the day, we will add the last 9 digits of the integer portion of the volume to get a number A. We will then select qualified users to add up UID digits for each of them and calculate the absolute difference between these numbers and A. The winners will be selected in ascending order of the absolute difference until the specified number of winners is reached. The prizes are 12 months of zero trading fees, followed by 6 months, 3 months, and 1 day.

• The zero trading fees will apply from the trading day.
• The rewards for the event will be settled once a week and will be credited to the winners' HTX accounts before the Friday of each week.
• Market makers are not eligible to participate in this event.

 

Reward 2: Perform Margin Trades to Share 20,000 USDT

Event Period: 12:00 (UTC) on April 17, 2023 - 12:00 (UTC) on May 17, 2023

Event Rules: Participants who perform margin trades and reach a cumulative trading volume of 10,000 USDT will be ranked based on their volume and will be eligible to share a prize pool of 20,000 USDT.

 

Notes:

• Rewards will be credited to winners' HTX accounts within 3 working days after the event ends.
• Market makers are not eligible to participate in this event.

 

Reward 3: Invite Your Friends to Trade on Margin and Earn a 66% Commission

Event Period: 12:00 (UTC) on April 17, 2023 - 12:00 (UTC) on May 17, 2023

Eligibility: HTX Affiliates and their partners

How to join: Register Now

 

Event Rules:

During the event, participants who invite friends to perform margin trades and meet the margin trading volume requirement on the day will be eligible to receive up to 66% commission on invitees' trading fees. There is no cap on the amount of commission that can be earned. Your commission amount increases with a higher trading volume of your invitees. Details are as follows:

Daily Margin Trading Volume	Commission Rate on Margin Trading	Total Commission Rate
≥ 10,000 USDT	10%	50% (= 40% on spot + 10% on margin)
		55% (= 45% on spot + 10% on margin)
		60% (= 50% on spot + 10% on margin)
≥ 30,000 USDT	13%	53% (= 40% on spot + 13% on margin)
		58% (= 45% on spot + 13% on margin)
		63% (= 50% on spot + 13% on margin)
≥ 50,000 USDT	16%	56% (= 40% on spot + 16% on margin)
		61% (= 45% on spot + 16% on margin)
		66% (= 50% on spot + 16% on margin)

Example: If you are currently enjoying a commission rate of 50% on spot and margin trading fees and your invitees' margin trading volume reaches 50,000 USDT daily, you can get a maximum commission rate of 66%, which is 50% on spot + an additional 16% on margin.

Commission Examples: Assure your common rate on invitees' spot trades is 50% and your invitees meet the margin trading volume requirement daily, your estimated commissions are as follows:

Daily Margin Trading Volume	Est. Trading Fee (USDT)	Commission (USDT)	30-day Commission (USDT)
≥ 10,000 USDT	20	11.2	336
≥ 30,000 USDT	60	36.6	1,098
≥ 50,000 USDT	100	66	1,980

Notes:

• The margin trading volume of any token will be counted toward the volume calculation for this event.
• Only trading volume whose trading fees have been paid are counted in for this event. Trades with cashback vouchers, zero trading fees, market maker fee rates, or negative fee rates are not included in the volume calculation for this event.
• The rewards will be distributed in USDT and calculated based on the daily exchange rate.
• The event rewards will be settled once a week and will be credited to the winners' HTX accounts before the Friday of each week.

 

Reward 4: Invite Your Friends to Trade on Margin and Earn Rewards Including a 35% Commission

Event Period: 12:00 (UTC) on April 17, 2023 - 12:00 (UTC) on May 17, 2023

How to join: Register Now

Event Rules:

By inviting friends to trade on margin, inviters can earn rewards based on their friends' completion of the tiered tasks.

Tiered Task	Reward
Make 5 successful referrals	10 USDT Interest Voucher
First-time margin loan by invited new users
New users reach a margin trading volume of 1,000 USDT	50 USDT Interest Voucher
Make 10 successful referrals
New users reach a margin trading volume of 5,000 USDT	100 USDT Interest Voucher
Make 50 successful referrals
New users reach a margin trading volume of 10,000 USDT	35% commission on invitees' margin trading fees

 

Notes:

• Successful referral refers to the invitee who transfers 100 USDT to their margin account and completes a margin trade.
• Participants need to use their referral links when inviting friends to trade on margin.
• The trading volume of non-zero trading fees under both cross-margin and isolated-margin modes will be counted toward this event.

 

Terms & Conditions:

• Participants are required to complete level 3 KYC verification. Failure to complete the verification before the event ends will result in the forfeiture of rewards.
• Market makers are not eligible to participate in this event.
• Rewards will be credited to winners' HTX accounts within 7 working days after the event ends.
• Sub-accounts can not be used to participate in this event. Trading volumes from sub-accounts will be counted towards their main accounts.
• HTX will strictly review and disqualify any participants who show any signs of fraudulent behaviors, such as malicious inflation of trading volume, bulk registration of fake accounts, wash trading, and order matching.

 

HTX

April 17, 2023

 

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HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on HTX. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.