Huobi HTX Staking Borrowing Phase 6 "Lending is Mining" is officially launched, participate in the event to share 5 billion $HTX

With the gradual easing of Trump's tariff policy, the cryptocurrency market has recently shown signs of recovery. Bitcoin has returned to above $90,000 for the first time in nearly two months, reigniting investor enthusiasm. According to CoinGecko, since April 22, the trading volume of cryptocurrencies has significantly increased compared to the previous week.

In an upward market, crypto lending services are particularly popular. A high-quality lending product that is flexible, cost-effective, and secure can fully unleash users' liquidity, enhance capital efficiency, and meet their diverse investment needs. As a global leading cryptocurrency exchange, Huobi HTX has transformed its pledged borrowing product into a star offering highly praised by users, thanks to ultra-low interest rates and the exclusive "Lending is Mining" rewards.

Industry-leading interest rate advantage, borrowing 100,000 USDT costs less than 10 USDT per day

When the market is favorable, as borrowing demand increases, borrowing rates, especially stablecoin rates, often rise rapidly, increasing users' borrowing costs. To address this pain point, Huobi HTX has recently adjusted the interest rates for its pledged borrowing products to further optimize the user experience. Currently, the annual interest rate for Huobi HTX's pledged borrowing of USDT is only 3.37%, significantly lower than the industry average. If a user borrows 100,000 USDT, the daily borrowing cost is only 9.2 USDT. At the same time, Huobi HTX offers a borrowing limit of up to 20 million USDT, supporting flexible borrowing and repayment to meet diverse borrowing needs.

In addition to USDT, the current annual interest rate for Huobi HTX's BTC product is as low as 0.49%, and the annual interest rate for the ETH product is as low as 2.2%, also showing considerable advantages compared to other platforms.

++"Lending is Mining" Phase 6++** is here, participate in USDT lending to share a 5 billion $HTX prize pool**

As an innovative initiative to reward users, "Lending is Mining" provides participants with the opportunity to earn profits from lending. It has become the platform's signature event since its launch, having successfully held five phases previously. With the market rebounding, Huobi HTX has timely launched the new phase of "Lending is Mining" on April 29 at 10:00 (UTC+8), offering a high prize pool of 5 billion $HTX, further reducing users' borrowing costs while stimulating market borrowing demand and enhancing liquidity levels.

The 6th phase of the event will last until May 15 at 23:59 (UTC+8). During the event, users participating in USDT lending can share the prize pool based on the proportion of interest expenses. The larger the cumulative proportion of interest expenses, the more rewards they can share.

The pledged borrowing products and the "Lending is Mining" event are a direct reflection of Huobi HTX's "user-centric" philosophy. The platform always keeps pace with market trends, deeply explores user needs, and continuously refines and upgrades its products and services. In the face of new opportunities brought by the recovery of the cryptocurrency market, Huobi HTX will continue to use innovation as its engine and professionalism as its guarantee, providing higher quality, more convenient, and diversified financial tools to help global users move steadily forward in change and seize the infinite potential of the crypto world.