USDD welcomes a major boost: Huobi HTX offers triple benefits to support efficient asset rise

On October 10th, Huobi HTX announced the launch of the contract joint margin mode and Simple Earn for the USDD coin, and simultaneously started a triple limited-time benefit event to provide users with a more efficient asset utilization experience and generous rewards.

Triple benefits, fully empowering USDD users

According to the announcement, from October 11, 12:00 to October 21, 12:00 (UTC+8), users who click “Sign Up Now” on the event page, activate Simple Earn for USDD and switch to margin mode, can enjoy triple benefits:

USDD Simple Earn Limited Time 10% Annualized: During the event, users who sign up and activate USDD Simple Earn will receive a 10% annualized return, with interest paid in the form of interest points on T+1.

Contract Account Transfer 2% Cashback: Transfer USDD to U-based contract account, with a net transfer amount ≥ 100 USDD, you can enjoy a 2% cashback, total prize pool of 20,000 USDD, first come first served, a single user can receive up to 200 USDD.

Trading Competition for a Share of 30,000 USDD: During the event, trade using the joint margin mode, and if the daily average snapshot amount of USDD in the U-based contract account is ≥100 USDD and the cumulative contract trading volume is ≥10,000 USDT, rewards will be distributed based on ranking and trading volume proportion, sharing 30,000 USDD, with the highest reward for an individual being 3,000 USDD.

According to reports, USDD (official social media community: 1:1 pegged) has achieved seamless integration with decentralized finance (DeFi) since its upgrade to USDD 2.0 this year, while introducing efficient liquidation processes, collateral auctions, and stablecoin exchange tools (PSM) to maintain market stability. The USDD 2.0 ecosystem focuses on long-term development, empowering users and protecting protocol security through real-time monitoring and community-led decision-making mechanisms.

Easier operation: Simple Earn and joint margin mode can be activated with one click, allowing for efficient asset circulation

The Huobi HTX joint margin mode allows users to use multiple tokens as margin for USDT-based contracts in the full margin mode at a certain ratio. This means that users' idle assets can be fully activated, improving the overall capital utilization rate.

Simple Earn automatically calculates earnings by taking snapshots of assets in the contract account. Users can still transfer or trade at any time while using Simple Earn, without any restrictions.

In terms of operation process, users only need to switch the asset mode on the contract page to enable the joint Margin function. The activation of Simple Earn also only requires entering the Simple Earn page via the advertisement in the middle of the contract assets on the App side, or by selecting Simple Earn in the contract section on the Web side and clicking “One-Click Activation” to take effect immediately, making the operation intuitive and convenient.

With the integration of USDD into contract joint margin and Simple Earn, Huobi HTX has not only further enriched users' asset allocation methods but also expanded more diverse trading and financial scenarios. In the future, Huobi HTX will continue to optimize user experience and accelerate the launch of more innovative financial tools to help users achieve efficient asset growth.

About Huobi HTX

Huobi HTX was established in 2013 and has developed over 12 years from a cryptocurrency exchange into a comprehensive blockchain business ecosystem, covering digital asset trading, financial derivatives, research, investment, incubation, and other businesses.

Huobi HTX, as a leading global Web3 portal, adheres to the development strategy of global expansion, ecological prosperity, wealth effect, and safety compliance to provide comprehensive, safe, and reliable value and services for virtual currency enthusiasts worldwide.