- HTX has launched a new crypto loan product with dynamic interest rates, high LTV ratios, zero fees, and no loan limits, allowing users to borrow and repay freely with USDT, BTC, or ETH as collateral.
- To celebrate the launch, HTX is offering a limited-time “Borrow & Earn” event with a prize pool of 2.7 billion $HTX tokens. Users can earn rewards based on their interest expenses, with the potential for the prize pool to double if USDT loan volume hits 30 million.
What happened: HTX unveils crypto loans product
HTX, a leading global digital asset trading platform, has launched its new Crypto Loans product, offering users flexible borrowing solutions in USDT, BTC, and ETH. Key features include dynamic interest rates that adjust based on market conditions, high loan-to-value (LTV) ratios, no loan limits, and zero fees. This product is designed to cater to both retail and institutional investors, providing the flexibility to borrow and repay at any time. To celebrate the launch, HTX is hosting a limited-time “Borrow & Earn” event with a 2.7 billion $HTX prize pool. Participants can earn rewards based on the proportion of their interest expenses on USDT loans relative to the total interest income. The event also includes a bonus: if the platform reaches 30 million USDT in loan volume by the end, it will double the prize pool for the next phase.
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Why it is important
The launch of HTX’s Crypto Loans product meets the growing demand for flexible and efficient financial solutions in the fast-growing crypto market. With the increasing adoption of cryptocurrencies, users – from retail investors to institutional traders – require more adaptable borrowing options that go beyond traditional finance.HTX’s products, with dynamic interest rates, high loan-to-value ratios (LTVs), and zero fees Allow users to optimise their use of capital, making it easier to manage liquidity and take advantage of market opportunities. The ability to borrow and repay freely, without strict lending restrictions, also makes the product very versatile for both short-term traders and long-term investors.
In addition, the ‘Borrow & Earn’ campaign adds extra stickiness by offering a reward pool of $HTX tokens to incentivise user participation. By catering to diverse user needs and removing traditional barriers to lending, HTX’s crypto lending product sets a new standard in the crypto lending space and promotes further innovation and adoption of digital finance.
