Dear users,
HBTC will launch Margin Trading (Web-based) officially at 15:00, on July 31th, 2020 (UTC+8). Users are welcomed to join for Margin Trading experience and add your asset through Margin Trading functions.
Meanwhile, HBTC will hold a month- long “50% Discount on Margin Lending Rates for Celebrating the Launching of Margin Trading on HBTC” event, starts at 15:00, on July 31th, 2020 (UTC+8).
Please see the daily lending rate for each coin as follows:
|
Coin |
Daily Lending Rate % |
Promotion Lending Rate %（50% OFF） |
|
USDT |
0.0525% |
0.02625% |
|
BTC |
0.02% |
0.01% |
|
ETH |
0.05% |
0.025% |
|
LTC |
0.05% |
0.025% |
|
EOS |
0.05% |
0.025% |
|
XRP |
0.05% |
0.025% |
【HBTC Margin Trading Parameters】
|
Coin |
Leverage multiples |
maximum borrowable amount. |
Minimum borrowable amount. |
Minimum payment amount |
Daily lending rate % |
|
USDT |
5 |
600000 |
100 |
100 |
0.0525% |
|
BTC |
5 |
50 |
0.01 |
0.01 |
0.02% |
|
ETH |
5 |
1000 |
0.7 |
0.7 |
0.05% |
|
LTC |
5 |
3000 |
2.5 |
2.5 |
0.05% |
|
EOS |
5 |
60000 |
30 |
30 |
0.05% |
|
XRP |
5 |
600000 |
500 |
500 |
0.05% |
【HBTC Margin Trading Risk Control】
|
Withdrawal-restriction line |
Warning line |
Margin call |
Liquidation line |
|
201% |
123% |
120% |
110% |
Terms:
Withdrawal-restriction line: Minimum requirement for withdrawal. When there is a loan in your margin account, only assets higher than the withdrawal-restriction can be withdrawn out.
Warning line: one of the risk control index, which will trigger the lightest level of risk control. Relevant operation (mostly warning) will be taken when risk level under risk warning line.
Margin call: another one of the risk control index, which will trigger the medium level of risk control. Relevant operation (mostly remind users to add margin) will be taken when risk level under the margin call
Liquidation line：one of the risk control index, which will trigger the final level of risk control. Relevant operation (mostly system will take over users’ accounts and positions and execute liquidation) will be taken when risk level under the stop-loss line.
Please see the following document for more details on HBTC Margin Trading.
Business Rules on Cross Margin Trading:https://hbtc.zendesk.com/hc/en-us/articles/360051630074
Risk Disclaimer
Digital Asset Trading can be a challenging and potentially profitable opportunity for investors. Users are strongly encouraged to carefully consider their investment objectives, level of experience, and risk appetite.
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HBTC Team
31 July 2020