With the Christmas season approaching, HTX has launched the 3rd phase of its limited-time “Borrow & Earn” event to thank the users for their support and trust. The event kicked off at 02:00 (UTC) on December 23, with the prize pool doubled to 10,800,000,000 $HTX (double the amount of the prize pool in the 2nd phase).
Experiencing HTX Crypto Loans and Sharing in a Prize Pool for a Limited Time
HTX’s Flexible Crypto Loans product continues to deliver value for users with its low interest rates, high flexibility, and zero fees. This product adjusts interest rates in real-time based on market changes, offering users competitive borrowing options with minimal investment costs.
HTX has officially announced that the 3rd phase of its limited-time “Borrow & Earn” event would run from 02:00 on December 23 to 15:59 on December 31 (UTC). The prize pool for this phase has been doubled to 10,800,000,000 $HTX, offering users 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 the proportion of their cumulative interest expenses during the event. The higher user’s cumulative interest expenses, the greater their rewards. The $HTX rewards from the prize pool will be credited to participants’ Spot accounts within 7 business days after the event ends.
Recap of Previous Highlights and a Glimpse of the Future
The 2nd phase of HTX’s “Borrow & Earn” event has concluded successfully, distributing a total of 5,400,000,000 $HTX in rewards and achieving record-breaking lending volumes. Here’s a recap of the previous “Borrow & Earn” events:
In the 1st phase (December 2 – December 8), the prize pool was 2,700,000,000 $HTX. The event attracted numerous participants to experience the innovative borrowing model with its newly launched Flexible Crypto Loans product;
In the 2nd phase (December 12 – December 18), the prize pool doubled to 5,400,000,000 $HTX, and the USDT lending volume hit new highs, solidifying the leading position of Crypto Loans in the industry.
Building on the enthusiasm of users from the first two phases, the 3rd phase has been upgraded again, doubling the prize pool to 10,800,000,000 $HTX.
Borrow & Earn: Participation and Rewards
A key benefit of the “Borrow & Earn” event is that users can share in the platform’s growth through regular borrowing without any complex operations. This event focuses on USDT flexible loans, aiming to attract users with more efficient and transparent rules.
For participation, users can log in to HTX via the web and navigate to Loans > Crypto Loans, or log in to HTX App, tap More > Crypto Loans, choose a Flexible product, and click Borrow Now to start borrowing. HTX will continue to foster a win-win environment by promoting product innovation, aiming to build a better future of blockchain finance for everyone.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, they harbor global capabilities that enable them to provide users with safe and reliable services.
HTX’s growth strategy – “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, underpins their commitment to providing quality services and values to virtual asset enthusiasts worldwide.
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