Huobi HTX Launches COOKIE/USDT Perpetual Contracts With 100x Leverage

Huobi HTX, a leading cryptocurrency exchange, has introduced perpetual contract trading for the COOKIE/USDT pair, marking a significant expansion in its trading offerings. This new feature, which became available on May 22, enables traders to engage in leveraged trading with a maximum leverage of up to 100x. The perpetual contract allows traders to speculate on the price movements of an asset without an expiration date, offering greater flexibility and the potential for higher returns. The maximum leverage of 100x means that traders can control a larger position with a smaller amount of capital, which can amplify both potential profits and risks.

This launch is part of Huobi HTX's broader strategy to adapt to the evolving regulatory landscape in the United States and to capitalize on potential investment opportunities within the crypto market. The exchange's proactive approach to navigating the regulatory environment is evident in its focus on the new US crypto policy and analysis of potential investment opportunities. The US has been increasingly scrutinizing the cryptocurrency industry, with various regulatory bodies proposing new rules and guidelines. By staying ahead of these developments, Huobi HTX aims to ensure compliance while continuing to offer innovative trading products to its users.

The introduction of the COOKIE/USDT perpetual contract is expected to attract a wider range of traders, including those who are looking for more advanced trading strategies and higher leverage. This move positions Huobi HTX as a competitive player in the perpetual contract market, which has seen growing interest from both retail and institutional investors. The exchange's commitment to providing a diverse range of trading options and adapting to regulatory changes is likely to enhance its appeal to traders seeking a reliable and forward-thinking platform.