Editorial Note: The following content does not reflect Beincrypto’s views or opinions. It is provided for informational purposes only and should not be interpreted as financial advice. Do your own research before making an investment decision.
HTX, a global cryptocurrency exchange, announced its next-generation Crypto Loans 2.0 product on May 19th.
This expanded version brings a sophisticated structure and a great user experience, featuring multi-asset collateral, a Smart Dynamic Loan-to-Value (LTV) model, instant fund access, flexible repayment options and zero fees. To commemorate this important launch, HTX has launched two exclusive promotions. With “Borrow and Earn” #7, users can share the 5,000,000,000 $HTX Prize Pool.
Unlock multiple benefits with HTX Loan Products
To celebrate the grand launch of Crypto Loans 2.0 and celebrate the 15th anniversary of Bitcoin Pizza Day, HTX will simultaneously launch a limited-time margin promotion with “Borrow & Earn” #7, providing substantial rewards to valued users.
“Borrow and win” #7 features a total prize pool of 5,000,000,000,000 $htx, from 02:00 (UTC) on May 19th to 15:59 (UTC) on June 2nd. Users must borrow USDT using Crypto Loans Flexible products during the event. This earns a share of the $HTX prize pool based on the interest paid. Rewards will be credited to the winner’s spot account within 7 business days of the event ending.
At the same time, HTX launched an exclusive margin promotion “Millions of Rewards and Margin Power Up,” which became actively active from 10:00am on May 20th to 10:00am on June 2nd (UTC). For a single USDT loan of over $1,000,000, users can enjoy an additional 10% interest discount! This will result in an annual interest rate as low as 3.9% (or 0.01% daily). There is no limit to the frequency of borrowing, and each qualifying loan benefits from this generous discount.
Don’t miss out on the 15th anniversary bonus for pizza! During the event, the top 10 users by cumulative loan volume will share $264,000,000 HTX (valued by $500). Please register via the participating link. We will leverage these ultra-low interest rates to maximize potential returns and aim for substantial profits.
Optimized borrowing experience with multi-asset collateral
Loan efficiency and asset liquidity have always been two key user-focused concerns. A key highlight of this upgrade, HTX’s “Crypto Loans 2.0” introduces a multi-asset collateral mechanism that supports over 20 mainstream cryptocurrencies as collateral assets such as USDT, BTC, ETH, TRX, DOGE, XRP, SOL, AVAX. This greatly improves the efficiency of asset usage for users.
To further strengthen the borrowing experience, HTX will expand its lendable assets to include Sol, Ton and USDC, with USDC also available as collateral options. Unlike traditional single asset collateral models, multi-asset collateral mechanisms allow users to unlock liquidity from their holdings, effectively reducing the risk of forced liquidation due to single asset volatility.
Another standout feature of this upgrade is the HTX expiration offer. BTC Flexible Loans have an ultra-low 0.09% annual interest rate, with a limit of up to 100 BTC. This prominent rate represents a 555x reduction above the previous annual rate of 5.0%, making it an exceptional transaction. For example, borrowing BTC equivalent to around 1,000,000 USDT will result in just 2.37 USDT daily profits. This is a truly amazing savings.
Crypto Loans 2.0 also offers the following benefits:
●Smart Dynamic LTV Mechanism: Interest rates are adjusted in real time based on market conditions to ensure industry-leading competitiveness. The annual interest rates for flexible loans include 3.9% of USDT, 2.4% of ETH and 0.09% of BTC.
●Flexible terminology options: Supports flexible configurations (7/30/45/90 days) of both flexible and fixed terms.
●Instant fund access and flexible repayment: The borrowed funds are delivered instantly, with interest accrued hourly, allowing users to enjoy the freedom to repay at any time, ensuring optimal fund efficiency.
●Facility grade risk management: Supports excess materialized loans with tiered leverage to protect your accounts using a lower 1x upper limit and tiered liquidation. The user will retain all remaining collateral assets.
●Personalized 1:1 VIP service: Provides customized loan restrictions, flexible currency choices and special discount rates for SVIP users.
Crypto Loans 2.0 is now live! Users can access it via the HTX website via the HTX app by clicking “Loans” > “Crypto-Loans” or tapping “More” > “Crypto-Loans.” Here’s how to get started:
HTX’s Crypto Loans 2.0 has the ability to increase capital efficiency, reduce liquidation risk, provide flexible investment options and enable multi-asset collateral. Going forward, HTX will continue to strengthen its lending products, pushing the platform’s financial services to increased efficiency, reduced barriers and wider diversification. Try Crypto Loans 2.0 now. Enjoy seamless borrowing, ultra-low interest rates and access to a large prize pool. Make all your digital assets your own advantage of strategic liquidity on the path to economic freedom.
About HTX
Founded in 2013, HTX has evolved from virtual asset exchanges to a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investment, incubation and other businesses.
As the world’s leading gateway to Web3, HTX has global capabilities that enable users to provide secure and reliable services. Following a “Global Expansion, Prosperous Ecosystem, Wealth Effects, Security and Compliance” growth strategy, HTX is dedicated to providing quality services and value to virtual asset enthusiasts around the world.
Disclaimer
This article contains press releases provided by external sources and does not necessarily reflect Beincrypto’s views or opinions. In compliance with Trust Project guidelines, Beincrypto remains committed to transparent and unbiased reporting. Readers are encouraged to independently verify the information and consult with experts before making decisions based on this press release content. Please note that our terms and conditions, privacy policy and disclaimer have been updated.
