Singapore, Singapore, December 25, 2024, Chainwire
As the Christmas season approaches, HTX has launched the third phase of the limited-time “Borrow & Earn” event to thank users for their support and trust. The event kicked off at 02:00 (UTC) on 23 December, with the prize pool doubled to $10,800,000,000 HTX (double the amount of the second stage prize pool).
Experience HTX Crypto Loans and participate in the Prize Pool (NASDAQ:) for a limited time
HTX's flexible crypto loan product continues to provide value to users with low interest rates, high flexibility, and no fees. This product adjusts interest rates in real-time based on market changes, providing users with competitive borrowing options with the lowest investment costs.
HTX has officially announced that the third phase of the limited-time “Borrow & Earn” event will run from 02:00 on December 23 to 15:59 on December 31 (UTC). The prize pool for this stage has been doubled to $10,800,000,000 HTX, providing users with a special Christmas gift.
Users who borrow USDT through Flexible Crypto Loans (loans in other assets are not eligible for this event) will share in the prize pool based on their cumulative interest expense ratio during the event. The higher the user's cumulative interest expense, the greater his rewards. $HTX rewards from the prize pool will be credited to participants' Spot accounts within 7 business days after the event ends.
A summary of past notable events and a glimpse into the future
The second phase of HTX's “Borrow & Earn” event concluded successfully, with a total of $5,400,000,000 in HTX rewards distributed and record lending volumes achieved. Below is a summary of past Borrow and Earn events:
In the first stage (December 2 – December 8), the prize pool reached $2,700,000,000 HTX. The event attracted many participants to experience the innovative borrowing model through the newly launched Flexible Crypto Loans product;
In the second phase (December 12 – December 18), the prize pool doubled to $5,400,000,000 HTX, and USDT lending volume reached new highs, cementing the leading position of cryptocurrency loans in the industry.
Based on user enthusiasm from the first two stages, the third stage was upgraded again, doubling the prize pool to $10,800,000,000 HTX.
Borrow and Earn: Share and Rewards
A major advantage of the “Borrow & Earn” event is that users can participate in the growth of the platform through regular borrowing without any complicated operations. This event focuses on flexible USDT loans, aiming to attract users with more efficient and transparent rules.
To participate, users can log in to HTX via the web and go to Loans > Crypto Loans, or log in to the HTX app, click More > Crypto Loans, choose a flexible product, and then click Borrow Now to start borrowing. HTX will continue to foster a win-win environment by encouraging product innovation, with the aim of building a better future for blockchain finance for everyone.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive blockchain business ecosystem that includes digital asset trading, financial derivatives, research, investments, incubation and other businesses.
As a world-leading gateway to Web3, it has global capabilities that enable it to provide users with secure and reliable services.
HTX's growth strategy – “Global Expansion, Thriving Ecosystem, Wealth Impact, Security and Compliance”, supports its commitment to providing high-quality services and values to virtual asset enthusiasts around the world.
Company website
https://www.htx.com
communicationParts find asiahtx@ruderfinn.com
