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Huobi HTX launched AMZU、IBIT、CONL perpetual contracts, supporting 1 x to 20 x long and short positions.
Huobi HTX Now available AMZU、IBIT、CONL Perpetual contracts
BlockBeats news,September 21, according to an official announcement, Huobi HTX went live on September 21 with AMZU/USDT、IBIT/USDT、CONL/USDT perpetual contracts, supporting 1-20 x long and short positions.
Original link https://m.theblockbeats.info/flash/368203
Huobi HTX Listed AMZU/USDT、IBIT/USDT、CONL/USDT perpetual contracts.
The announcement stated that these contracts support 1 x to 20 x long and short positions.
The news stated that the launch date was September 21。
The following is analysis, separate from reported facts. Verify important claims independently.
A perpetual contract is a contract with no expiration date; going long is betting on a price increase, while going short is betting on a price decrease. 1 to 20 times indicates that different leverage multiples can be selected.
Users can now trade these three perpetual contracts on Huobi HTX and choose to go long or short.
Leverage amplifies both gains and losses; beginners should first understand the risks of contracts and leverage.
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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.
View glossary →A trader establishes a corresponding directional position in a contract in anticipation of the underlying asset’s price rising.
View glossary →A trader establishes a corresponding-direction contract position in anticipation of the underlying asset’s price falling.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
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