BlockBeats reports that,October 27, according to an official announcement, Huobi HTX was listed on October 27 listed EIDO/USDT、EQT/USDT、STM/USDT、TAIYOYUDEN/USDT、SPOT/USDT perpetual contracts, supporting 1-20 x leveraged long and short positions.
Original link https://m.theblockbeats.info/flash/373923
Key points
01
BlockBeats stated that, according to an official announcement, Huobi HTX listed on October 27 listed EIDO/USDT、EQT/USDT、STM/USDT、TAIYOYUDEN/USDT、SPOT/USDT perpetual contracts.
02
The above contracts support 1 to 20 x leveraged long and short positions.
03
From now until October 29 date 15: 00(UTC+8), Huobi HTX is launching a new-contract trading competition.
04
Users who complete registration, trade the contracts of the participating assets, and reach the specified threshold will have the opportunity to share 1000000000 tokens HTX and 5000 USDT contract bonus funds in the total prize pool.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This news indicates that users can trade HTX on Huobi 5 newly added USDT perpetual contracts and can use 1 to 20 x leverage for long or short positions. A trading activity is also being held during the same period, but registration and reaching a specified threshold are required, and the reward is only described as an “opportunity” to receive it.
Why it matters to readers
The new contracts provide the relevant assets with leveraged trading channels on Huobi HTX; the trading competition may also attract users to participate in these contracts.
Beginners should first understand perpetual contracts, leverage, long positions, and short positions before deciding whether to participate; the activity has registration and trading thresholds, and the total prize pool should not be understood as a reward that an individual can receive directly.
Risks and unknowns
The evidence is a media report, and no Huobi HTX official announcement link was provided; the actual listing status still needs to be verified.
The liquidity, funding rates, and specific trading rules for each contract were not explained in the original text.
The specified thresholds, reward distribution method, and actual conditions for winning prizes in the trading competition were not explained in the original text.
1 to 20 x operations involve leverage, but the original text does not explain the specific risk-control rules.
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Related concepts
Perpetual Contract
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.