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      Huobi to Adjust Tiered Collateral Weights for Margin Trading

      HTX's logo HTX

      Dear Huobi Users,

      Huobi will adjust the tiered collateral weights of margin trading for the following cryptos from 08:00 to 10:00 (UTC) on June 13, 2023. The new collateral weights will gradually come into effect starting 08:00 (UTC) on June 13, 2023. Please manage your positions in a timely manner.

      Affected cryptos are as follows:

      Name

      Tier (Before)

      Tier (After)

      AAVE

      4

      5

      ADA

      3

      4

      BLUR

      6

      7

      BSV

      6

      7

      CHZ

      4

      5

      CORE

      6

      7

      CRV

      4

      5

      DYDX

      3

      4

      EGLD

      5

      6

      EOS

      3

      6

      ETC

      4

      6

      FIL

      3

      6

      FLOW

      5

      6

      FTM

      3

      6

      GRT

      4

      5

      HT

      2

      5

      ICP

      5

      6

      LDO

      5

      6

      LINK

      3

      4

      MATIC

      2

      3

      NEO

      5

      7

      PEOPLE

      5

      6

      SAND

      4

      6

      SHIB

      3

      4

      SOL

      2

      3

      SUSHI

      5

      6

      THETA

      6

      7

      TRX

      2

      3

      UNI

      5

      7

      WAVES

      5

      7

      New tiered collateral weights are outlined below:

      Collateral & Weight

      Affected Crypto

      Tier

      Collateral (≤)

      Weight

      USDT Margined

      BTC Margined

      USDD Margined

      1

      500,000 USDT

      1

      BTC, ETH, and (cross margin mode) USDT

      1,000,000 USDT

      0.975

      2,000,000 USDT

      0.95

      3,000,000 USDT

      0.9

      5,000,000 USDT

      0.85

      10,000,000 USDT

      0.7

      Above 10,000,000 USDT

      0

      2

      500,000 USDT

      1

      1,000,000 USDT

      0.9

      3,000,000 USDT

      0.85

      5,000,000 USDT

      0.8

      Above 5,000,000 USDT

      0

      2

      50,000 USDT

      1

      XRP,BNB

      300,000 USDT

      0.975

      500,000 USDT

      0.95

      1,000,000 USDT

      0.85

      Above 1,000,000 USDT

      0

      3

      30,000 USDT

      1

      DOGE,LTC,TRX,SHIB,SOL,MATIC

      100,000 USDT

      0.9

      200,000 USDT

      0.75

      500,000 USDT

      0.5

      Above 500,000 USDT

      0

      4

      20,000 USDT

      0.975

      DOT,NEAR,AVAX,ATOM,APE,YFI,APT,ACH,DYDX,SHIB,LINK,ADA

      ETH

      50,000 USDT

      0.9

      100,000 USDT

      0.7

      200,000 USDT

      0.5

      Above 200,000 USDT

      0

      5

      10,000 USDT

      0.95

      BCH,ALGO,XLM,XTZ,

      MANA,AXS,OP,IMX,RNDR,

      1INCH,KAVA,HT,AAVE,

      CRV,GRT,CHZ

      25,000 USDT

      0.9

      50,000 USDT

      0.75

      Above 50,000 USDT

      0

      6

      5,000 USDT

      0.9

      OMG,ELF,IOST,ONE,RSR,

      ZIL,ZRX,SUN,MINA,ANKR,

      ANT,BAT,JST,ONT,STORJ,

      WIN,REEF,AR,SNX,VET,

      YFI,SUSHI,FLOW,ICP,PEOPLE,

      EOS,FTM,LDO,SAND,EGLD,

      ETC,FIL

      XRP,TRX,BCH

      15,000 USDT

      0.85

      30,000 USDT

      0.65

      Above 30,000 USDT

      0

      7

      1,000 USDT

      0.8

      BTT,COMP,TON,HBAR,AMP,

      CELO,GARI,GLMR,KSM,

      LOOKS,NEST,NYM,QTUM,

      ETHW,NFT,OAS,BONK,

      KRIPTO,WALLET,JASMY,

      XCH,OGN,C98,PHB,SXP,INJ,

      TRB,CHR,ARPA,API3,WBT,

      ENS,LRC,RLC,ARB,WBT,LINA,

      AIDOGE,FLOKI,PEPE,SUI,

      WOJAK,TURBO,LADYS,ORDI,

      BOB,TOMI,REN,MINA,BSV,

      NEO,WAVES,THETA,CORE,

      BLUR,UNI

      LTC,BSV,EOS

      BTC,ETH

      Above 1,000 USDT

      0

      Note: If your collaterals contain the affected cryptos above, this adjustment will impact your margin ratio. Please monitor your positions and promptly add margin to mitigate potential losses.

      Huobi

      June 12, 2023

      Trade on the go with Huobi App (iOS/Android)

      Sign up for a Huobi Account to get Special Rewards!

      Find us on

      Twitter: https://twitter.com/HuobiGlobal

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      Instagram: https://www.instagram.com/huobiglobalofficial/

      Reddit: https://www.reddit.com/r/HuobiGlobal/

      Medium: https://huobiglobal.medium.com/

      Telegram:

      https://t.me/huobiglobalofficial

      https://t.me/HuobiGlobal_zw

      https://t.me/HuobiFutures_en

      Discord:

      https://discord.gg/huobi

      Huobi reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on Huobi. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.

      Read the original article at huobipro

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