Huobi Crypto Loans will be officially launched on Huobi at 16:00 on January 5th,2021 (UTC+8) and will provide services on Huobi Global web page.
Huobi Crypto Loans is a service in which you can collateralize your crypto and borrow other crypto assets to meet your needs. With a KYC-verified account, you will be able to:
- Borrow from a large range of crypto assets
- Get low-interest rates and charge by the hour
- Get high loan limits with high LTV
- Receive instant approval
Where to borrow
Visit: www.huobi.com, and click [Wealth Management] – [Crypto Loans] from the navigation menu
Collateral Coin Details: https://www.huobi.be/en-us/financial/pledge/detail/
Loan terms available
30 days. More terms will be supported.
50%-100% OFF FEES Promotion
From 16:00 Jan 5th 2021 to 16:00 Feb 3rd 2021 (UTC+8), all users of the Crypto Loans service will receive 50% off fees. Loanable assets are as follows:
HUSD, USDT, BTC, ETH, HT, BCH, FIL, LTC, EOS, LINK, BSV, XRP, DOT, TRX, ADA, VET, ZRX, ALGO, BAL, COMP, CRV, KNC, MANA, MKR, REN, SNX, STORJ, UMA, UNI, XLM, XTZ, YFI, YFII, GRT
Hold HT/HPT grab no fees!
With HT holdings≥ 5000 or HPT holdings ≥ 10 million, accounts will receive 100% off fees
With 5000> HT holdings ≥500 or 10 million > HPT holdings ≥ 1 million, accounts will receive 60% off fees
- The system will charge at the regular interest rate first, and the discount part will be returned within 15 working days after the event ends.
- The discount for HT holdings or HPT holdings and the 50% discount cannot be superimposed, and users choose one larger discount by default. The user's HT or HPT holdings are determined based on the average 10-day HT or HPT holdings in their accounts, that is, select 10 days randomly from January 5 to February 3 with a snapshot of HT or HPT holdings each day, and then calculate the average HT or HPT holdings.
- HT & HPT Snapshot Scope: Exchange accounts, Margin accounts (Excluding the loaned part), Crypto Loans accounts, Fiat accounts, Pool staking, Futures accounts. (The HT holdings of all sub-accounts are included in the corresponding parent account.)
- Huobi shall adjust loanable assets and/or interest rates based on market conditions and our internal risk management. The rules and regulations of the promotion shall be subject to Huobi’s final interpretative decision and we reserve the rights to disqualify any person who is known or suspected to be cheating or violating any rules and regulations set by Huobi.
*Please visit here to view User Manual: https://support.hbfile.net/hc/en-us/articles/900003764586
*Please visit here to view the FAQ: https://support.hbfile.net/hc/en-us/articles/900004824443
Risk Reminder: Trading in digital assets comes with high risks due to huge price fluctuations. Before trading, please have a full understanding of all the risks and be prudent of your own decisions.
January 4, 2021