Huobi Futures plans to officially launch USDT-margined futures on the Web and API at 10:00 (UTC) on Dec 28, 2021.
Huobi launches USDT-margined Futures
In order to provide you with a better trading experience, Huobi Futures will officially launch the USDT standard delivery contract at 18:00 (GMT+8) on December 28, 2021 (GMT+8) (including Web and API), Singapore time.
The USDT standard delivery contract is a forward contract, that is, a stable currency contract, which uses stable currency (USDT) as a collateral asset, supports two-way transactions and a maximum of 100X multiples.
The USDT standard delivery contract implements an optimization plan for locked-in secured assets.
When users hold two-way positions in the same contract, using the optimized plan will reduce part of the secured assets held in the position and increase asset utilization.
The USDT standard delivery contract types that will be launched on December 28 include: BTC and ETH’s current week, next week, and current quarter delivery contracts.
Huobi Futures will continue to list other USDT standard delivery contracts, so stay tuned.
Note: The USDT perpetual contract supports the full position mode and the side-by-side mode.
Both can be used at the same time, and the collateralized assets of the side-by-side account and the position of the side-by-side account are calculated independently; the USDT delivery contract only supports the full position mode, and the USDT perpetual contract Under the warehouse mode, it shares the guaranteed assets of the full warehouse account with the USDT delivery contract.
Please check Huobi official website or contact the customer support with regard to the latest information and more accurate details.
Huobi official website is here.
Please click "Introduction of Huobi", if you want to know the details and the company information of Huobi.
(Forex Broker)
Comment by Hans
April 24, 2024
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