HTX Flexible Crypto Loans Spark a Lending Trend in the Bull Market

Recently, with the sharp fluctuations in BTC and various altcoins, the crypto market's bull run has accelerated. In a bull market, common strategies include

Amidst the recent bull run in the crypto market, driven by sharp fluctuations in BTC and various altcoins, a new trend has emerged. Crypto users are seeking to maximize their funds and profits in this favorable market.

One strategy gaining popularity is utilizing crypto loans, a financial loan product that enables users to pledge digital assets and borrow other cryptos like USDT, BTC, or ETH for diverse funding needs.

For instance, a user anticipating a token’s price increase can pledge BTC to borrow USDT for investment, without selling their holdings. Later, if the token’s price rises as expected, they can sell, repay the loan, and recover their BTC.

This strategy allows users to avoid locking funds for extended periods and capitalize on market opportunities for potential gains.

HTX recently launched Flexible Crypto Loans, a new service that aligns with this trend. In addition to its fixed-term crypto loan products, HTX now offers a highly flexible borrowing and repayment option.

This service enables users to borrow and repay at their convenience, without any fees, making it an efficient tool for optimal fund utilization.

Impressive Data: HTX Lending Scale, User Base Both Expand 5x

With ultra-low interest rates, flexible terms, and a seamless user experience, HTX’s Flexible Crypto Loans has seen both user base and lending volume grow significantly. In less than 10 days, the lending volume surpassed 30 million USDT.

Compared to before the launch, HTX’s overall lending volume has quintupled, and the number of borrowers has tripled.

This achievement showcases users’ trust in HTX's products and highlights the growing market acceptance of the Crypto Loans model.

Prize Pool Doubles, Ultra-Low Interest Rates for Upgraded User Experience

To further enhance the user experience, HTX has launched the second phase of the “Borrow & Earn” event.

From December 12 02:00 (UTC) to December 18 15:59 (UTC), users who borrow USDT via Flexible Crypto Loans will stand to share a 5.4 billion $HTX prize pool.

The first phase offered a 2.7 billion $HTX prize pool, and this phase will double that.

HTX’s Flexible Crypto Loans continues to offer ultra-low interest rates, helping users maximize returns with affordable borrowing. This highlights the popularity of Crypto Loans and HTX’s commitment to offering optimal user experiences with Flexible Crypto Loans.

HTX will introduce more promotions and innovative features for greater enhancement. If the lending volume for Flexible Crypto Loans reaches 50 million USDT by the end of the second phase, the next phase’s prize pool will double to 10.8 billion $HTX.