Adjustment on Some Collateral LTVs for Crypto Loans
HTX
Связанный тип: Others
2021-03-17 14:56
Dear users,
In order to improve the level of risk control, Crypto Loans will adjust some collateral LTVs at 11:00 on March 17th (UTC). The details are as follows:
Collateral
Initial LTV Before
New Initial LTV
Margin Call LTV Before
New Margin Call LTV
Liquidation LTV (unchanged)
Replenishment Space Before
New Replenishment Space
BTC
70%
65%
80%
72%
85%
5%
13%
ETH
70%
62%
80%
72%
85%
5%
13%
USDT
70%
65%
80%
72%
85%
5%
13%
HUSD
68%
60%
75%
70%
80%
5%
10%
BCH
68%
60%
75%
70%
80%
5%
10%
LTC
68%
60%
75%
70%
80%
5%
10%
HT
68%
60%
75%
70%
80%
5%
10%
1. Loans that have been generated before the adjustment will still be executed in accordance with LTVs before, and new loans generated after the adjustment will be executed in accordance with new LTVs;
2. This adjustment does not involve liquidation LTVs, and will not cause additional liquidation risks. Instead, users will have more buffer space and time to operate replenishment.
Where to borrow:
Visit: www.huobi.com, and click [Finance] – [Crypto Loans] from the navigation menu
Web link: https://www.huobi.be/en-us/financial/pledge/
Collateral Coin Details: https://www.huobi.be/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
Thanks for your support!
Huobi Global
March 17th, 2021