Announcement on Increasing USDT Loan Amount for Crypto Loans
HTX
Related type: Others
2021-03-19 17:04
Dear users,
In order to meet some users' needs, Crypto Loans has increased the USDT loan amount. The details are as follows:
Loanable Asset
USDT
Loan Amount
1 M-20 M
1 M-7 M
1 M-4 M
Collateral
BTC
ETH
HT
Initial LTV
65%
62%
60%
Loan Term
90days(No interest penalty for early repayment)
Daily Interest Rate
0.0345%
Annual Interest Rate
12.59%
Overdue Duration
7days
Overdue Interest Rate
0.1035%
Note:
1. An account can borrow up to 20 million USDT, and the sub-account function is temporarily not supported;
2. For more needs, please contact the VIP account manager.
3. Huobi shall adjust product parameters above (including but not limited to loanable assets and/or interest rates) based on market conditions and our internal risk management. Please refer to the actual product page.
Where to borrow
Visit: https://huobiglobal.zendesk.com/hc/en-us/articles/www.huobi.com, and click [Finance] – [Crypto Loans] from the navigation menu
Web link: https://www.huobi.sh/en-us/financial/pledge/
Collateral Coin Details: https://www.huobi.sh/en-us/financial/pledge/detail/
Please visit here to view User Manual: https://support.hbfile.net/hc/en-us/articles/900003764586
Please visit here to view the FAQ: https://support.hbfile.net/hc/en-us/articles/900004824443
Risk Reminder: Trading in digital assets comes with high risks due to huge price fluctuations. Before trading, please have a full understanding of all the risks and be prudent of your own decisions.
Huobi Global
March 19th, 2021