The learning cost of leverage trading has always been the first hurdle for new users to enter the derivatives market. The three factors of capital threshold, interest cost, and psychological pressure caused by wrong judgment of direction have combined to block a large number of potential users from the door.

On May 20, Huobi Leverage officially launched the "1U Position Opening" function, and launched three exclusive activities at the same time, with a total prize pool of 40,000 USDT. Huobi HTX hopes to remove the three obstacles of capital, interest, and first order risk at once, allowing new users to complete their first real leverage transaction with the lowest trial and error cost.

Event details: https://www.htx.com/zh-cn/support/55033233949364

1 USDT enters the market, leveraging 10 times the position

"1U Open Position" is designed by Huobi HTX for new users who have never used leverage trading. The user invests 1 USDT principal, and the platform lends out 9 USDT interest-free. A total of 10 USDT is used to complete the 10 times isolated position opening. There is zero interest in the entire process of borrowing currency, and any loss on the first order will be fully compensated by the platform.

The whole process is simple and easy to use: Find the entrance in the upper right corner of the margin trading page and click "1U Open Position"; the system automatically fills in the principal, borrowed currency and total amount, and there is no need to manually adjust the 10x isolated margin and market price order parameters; select the direction, bullish buy, bearish sell; click "One-click Open Position", the order is completed in 3 seconds, and the 10 USDT currency coupons are instantly credited to your account.

Closing a position is just as easy. After clicking the market price on the position page to close the position, the system automatically completes the repayment, and the platform will cover the loss, and the user will not bear the actual loss.

Three activities are held in parallel, with rewards exceeding US$40,000

In order to further lower the threshold for new users to experience leveraged trading, Huobi HTX also launched a triple incentive event, with a total reward scale of over US$40,000. From 15:00 on May 20 to 23:59 on May 31 (UTC+8), Huobi HTX provides tiered rewards and advanced incentives for users with different levels of participation.

• Open a position and everyone will share $30,000 USDT: Complete the first "1U position opening" during the event and you will automatically be eligible to share. The prize pool is unlocked based on the number of participants, up to a maximum of $30,000. At the end of the event, the total prize pool will be divided by the number of participants, and each person will receive equal amounts.

• Sharing $10,000 HTX if the trading volume reaches the standard: After completing the "1U position opening", if the cumulative margin trading volume reaches 100 USDT during the event, the prize pool will be distributed in equal proportions according to the proportion of personal trading volume to the total trading volume of all participating users.

• Up to 100 USDT can be earned by clearing all newbie tasks: Users can earn up to 100 USDT leverage coupons by completing the 1U position opening-margin borrowing-margin trading-margin repayment tasks.

The first order of a new leverage user, the risk boundary is clearly defined

For users who are accustomed to spot trading, this is a nearly zero-cost introduction to leverage; for strategic traders who are already waiting to see, this is an opportunity to become familiar with the platform's matching and liquidation logic. The "1U position opening" function of Huobi Leverage moves novice guidance from documents and simulated trading to the real trading scenario itself.

In the future, Huobi HTX will continue to adhere to the principle of “user first” and focus on product innovation and user experience upgrades. Facing the increasingly large incremental group in the crypto market, Huobi HTX will also further improve the full-link ecosystem covering novice guidance, transaction advancement and asset protection, and steadily reduce the cognitive barriers for ordinary people to enter the crypto world. Not only does it want to be the safest trading platform, but it also wants to be the first stop and best bridge for crypto novice users to smoothly and seamlessly explore the Web3 financial world.

About Huobi HTX

Huobi HTX was established in 2013. After 13 years of development, it has evolved from a cryptocurrency exchange into a comprehensive blockchain business ecosystem, covering digital asset trading, financial derivatives, research, investment, incubation and other businesses.

As the world's leading Web3 portal, Huobi HTX adheres to the development strategy of global expansion, ecological prosperity, wealth effect, and security compliance, and provides comprehensive, safe, and reliable value and services to virtual currency enthusiasts around the world.