Announcement on Increasing USDT Loan Amount for Crypto Loans

 Latest News    |      2021-03-19

Dear users,

In order to meet some users' needs, Crypto Loans has increased the USDT loan amount. The details are as follows:

Loanable Asset

USDT

Loan Amount

1 M-20 M

1 M-7 M

1 M-4 M

Collateral

BTC

ETH

HT

Initial LTV

65%

62%

60%

Loan Term

90days(No interest penalty for early repayment)

Daily Interest Rate

0.0345%

Annual Interest Rate

12.59%

Overdue Duration

7days

Overdue Interest Rate

0.1035%

Note:

  1. An account can borrow up to 20 million USDT, and the sub-account function is temporarily not supported;
  2. For more needs, please contact the VIP account manager.
  3. Huobi shall adjust product parameters above (including but not limited to loanable assets and/or interest rates) based on market conditions and our internal risk management. Please refer to the actual product page.

Where to borrow

Visit: https://huobiglobal.zendesk.com/hc/en-us/articles/www.huobi.com, and click [Finance] – [Crypto Loans] from the navigation menu

Web link: https://www.huobi.sh/en-us/financial/pledge/

Collateral Coin Details: https://www.huobi.sh/en-us/financial/pledge/detail/

*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.

Huobi Global

March 19th, 2021