With recent fluctuations in BTC and altcoins, the crypto market bull run has accelerated. In this context, HTX's newly launched Flexible Crypto Loans are gaining attention.
Launch Features
HTX introduced Flexible Crypto Loans, an innovative lending product allowing users to pledge digital assets to borrow other cryptocurrencies such as USDT, BTC, and ETH. This allows investors to borrow without selling their holdings for further investments.
Growth and User Base
In the first 10 days, the lending volume exceeded 30 million USDT, increasing HTX's overall lending volume fivefold and tripling the number of borrowers. These figures demonstrate a high level of trust in HTX's products.
New Phases and Continued Success
HTX launched the second phase of the 'Borrow & Earn' event, doubling the prize pool to 5.4 billion $HTX. If the lending volume reaches 50 million USDT, the next phase's prize pool will double to 10.8 billion $HTX.
HTX continues to attract interest from crypto enthusiasts with its innovative lending program, contributing to the further growth of the crypto lending segment.