Huobi HTX Launches WCT Perpetual Contracts With 20x Leverage

Huobi HTX, a prominent cryptocurrency exchange, has announced the launch of WCT perpetual contracts, marking a significant expansion of its trading offerings. The new contracts, which went live on April 15th, offer a maximum leverage of 20x, providing traders with enhanced flexibility and potential for higher returns. This move is part of Huobi HTX's ongoing efforts to diversify its product suite and attract a broader range of traders to its platform.

In conjunction with the launch of WCT perpetual contracts, Huobi HTX has initiated a WCT Contract Trading Party. This event, which runs from 21:00 on April 15th to 21:00 on April 22nd (UTC+8), features a total prize pool of up to $10,000. The trading party is designed to encourage user participation and engagement, offering various incentives for both new and experienced traders.

The activities included in the trading party are structured to reward users based on their trading volume. New users who have never traded contracts and complete WCT/USDT contract trading with a total personal trading volume of at least 100 USDT can receive an equivalent of 3 USDT worth of HTX. The total prize pool for this category is 3,000 USDT worth of HTX. Additionally, users participating in WCT/USDT contract trading with a cumulative effective trading volume of at least 10,000 USDT can share equally in the prize pool of 7,000 USDT worth of HTX based on their trading volume ranking. This tiered reward system aims to incentivize higher trading volumes and foster a competitive trading environment.

The launch of WCT perpetual contracts and the accompanying trading party reflect Huobi HTX's commitment to innovation and user engagement. By offering new trading instruments and hosting exciting events, Huobi HTX continues to position itself as a leading player in the cryptocurrency market. The introduction of perpetual contracts with high leverage options caters to the growing demand for sophisticated trading tools among cryptocurrency enthusiasts. The trading party further enhances the user experience by providing tangible rewards for active participation, thereby fostering a vibrant and engaged trading community.