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HTX's Flexible Crypto Loans Debut: Borrow Now and Secure Your Share of 2,700,000,000 $HTX Prize Pool!
Dear HTX Users,
To enhance our crypto loan services, we are excited to launch our highly anticipated Crypto Loans product, featuring flexible and dynamic interest rates, at 03:00 (UTC) on December 2, 2024. This new offering will support loans in USDT, BTC, and ETH, and accept collateral assets like USDT, BTC, and ETH. We also plan to expand both loanable and collateral assets for Flexible Crypto Loans in the future. Here’s a list of the main advantages:
1. Dynamic Interest Rates: Ensuring consistently competitive rates in the market.
2. No Loan Limit: Borrow as much as you need to meet your large-scale financing needs.
3. Ultimate Flexibility: Borrow and repay anytime, with high loan-to-value (LTV) ratios and zero fees.
Meanwhile, the first phase of our limited-time "Borrow & Earn" event is now live, with a prize pool of 2,700,000,000 $HTX up for grabs. Join now and borrow USDT via Flexible Crypto Loans during the event period to become eligible to share in the $HTX prize pool. The detailed event rules are as follows:
Event Period: 03:00 (UTC) on December 2 - 03:00 (UTC) on December 8
Total Prize Pool: 2,700,000,000 $HTX
Applicable Product: USDT Flexible Loans (Loans in other assets are not eligible for the event.)
Reward Distribution: The event rewards will be distributed based on the proportion of a user's cumulative interest expenses on the designated loan product relative to the platform's total interest income from the same product. Both the user's interest expenses and the platform's interest income are limited to the event period.
During the event period, a user who borrows USDT via Flexible Crypto Loans will share the $HTX prize pool based on the proportion of their interest expenses on USDT flexible loans relative to the platform's total interest income from the same product (limited to USDT flexible loans). The larger the proportion of the user's cumulative interest expenses, the greater their share of the $HTX prize pool.
- Sub-accounts can not be used to participate in this event. Interest expenses from sub-accounts will be counted towards their main accounts.
- The interest calculation for this event will be based on accrued interest and will not conflict with the 10% discount on the loan interest rate for reserved quotas from the reservation period.
- The $HTX rewards from this event will be credited to the winners' Spot accounts within 7 working days after the event ends.
HTX's Flexible Crypto Loans product offers interest rates consistently at a competitive level within the industry while providing an exceptional borrowing experience for users. Don't hesitate—join the first phase of our exclusive "Borrow & Earn" event to secure your share of the $HTX prize pool. Act now!
Web: Borrow Now
App: Borrow Now
Bonus: If the platform's lending volume of USDT flexible loans reaches 30 million USDT by the end of this event, the prize pool for the next phase of the "Borrow & Earn" event will be doubled!
Enjoy your borrowing journey with us!
HTX
December 2, 2024
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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.