Huobi Futures launched App Service of Cross Margined Huobi gives away 50,000 USDT to raise awareness of Cross Margined Swaps
"With cross margining, we're aiming to give our users more control over the way they trade digital assets and manage their portfolios-a key objective at
With the introduction of cross margining, users can leverage two distinct forms of margining when trading USDT-margined swaps. In cross margin mode, all USDT-margined swap positions have shared margin and account equity, with profit-and-loss and margin ratios calculated jointly and in the aggregate.
The margined-swaps is especially useful in a volatile market as it takes users' available asset balance as margin against liquidation. Additionally, any realized PnL from single position can aid a losing position, further reduced the risks of liquidation. Otherwise in isolated margin mode, when each position's standing and margin ratio is calculated separately and each pending positions are non-reciprocal, accounts can be exposed with higher risks in liquidation due to extreme market conditions and high leverage settings.
On the Huobi Futures platform, users could trade USDT-margined swaps in multiple positions sharing a total amount of USDT in the cross margin account.
"Not being able to switch modes when holding open orders or positions has always been a sour point in the current derivatives market.
The launch of the cross margining feature comes on the second anniversary of Huobi Futures, which is now one of the largest digital asset derivatives markets globally. Since its launch in the end of 2018, Huobi Futures has expanded its product offerings to include USDT-margined swaps, coin-margined swaps, futures, and USDT-quoted options, reaching a total cumulative trading volume in excess of
Huobi Gives Away 50,000 USDT to Raise Awareness of Cross Margin for USDT Margined Swaps
Huobi Futures has also announced several campaigns including a giveaway of 50,000 USDT for traders in honor of the App launch of the cross margin function.
To win the USDT prizes, participants will have to show a cumulative trading volume of 500 USDT or higher, and share the activity poster on their social media pages. The campaign will start at
Besides,
About
Distributed by https://pressat.co.uk/
.
(C) 2020 M2 COMMUNICATIONS, source