HTX Margin Launches Insurance Fund and Compensation Mechanism

Dear HTX Users,

HTX Margin launched its insurance fund and compensation mechanism on May 6 to ensure compensation for the majority of users affected by losses due to negative equity events, while also catering to their needs for seamless trading experiences.

  • From May 6, 2024, to August 4, 2024, if negative equity occurs in margin trading and the loss is less than 10 USDT, the account will be fully compensated for the loss.
  • From August 5, 2024 onwards, there will be adjustments made to the compensation amount for losses resulting from negative equity events. The specific changes will be detailed in the announcement scheduled for August 4, 2024. Please stay tuned for further updates.

 

Happy trading with HTX!

HTX

May 7, 2024

 

 

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HTX 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 HTX makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on HTX. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.