To meet the increasing demand of higher asset utilization, HTX has announced a major upgrade to its “Collateral Swap” product. The new and improved Collateral Swap 2.0 is now live as of September 23 at 4:00 (UTC). This upgrade introduces the Multi-Assets Collateral pool and offers a limited-time 0% interest promotion, significantly boosting both capital efficiency and the user experience.
Multi-Assets Collateral: Unlocking Dormant Value
In the past, users could only pledge a single asset to borrow funds. This meant that a user’s borrowing capacity was limited by the value of that one asset, even if they held a diverse portfolio. HTX Collateral Swap 2.0 completely removes this limitation with its Multi-Assets Collateral feature. Users can now combine multiple supported assets (such as BTC, ETH, SOL, and stablecoins) into a unified collateral pool. The system then calculates the user’s total borrowing capacity based on the comprehensive value of all assets in the pool.
This feature offers three key benefits:
Maximized Capital Efficiency: By collateralizing a basket of assets, users can unlock a larger overall swap capacity, releasing the previously dormant value of their entire portfolio.
Enhanced Risk Management: The diversity of assets in the pool acts as a natural hedge. When one asset’s price fluctuates, other stable or appreciating assets help balance the risk, reducing the chance of forced liquidation and stabilizing the user’s position.
Streamlined User Experience: The entire process—from pledging and replenishment to repayment—is managed through a single, unified interface. This one-stop solution simplifies the process, allowing users to focus more on their trading strategy.
Enjoy the Limited-Time Offer: Interest-Free Swaps on Popular Cryptos
In addition to the new features, HTX is launching a limited-time 0% interest promotion starting on September 23 at 4:00 (UTC). Popular cryptocurrencies eligible for this promotion include BTC, DOGE, ETC, XRP, SHIB, UNI, BNB, PEPE, ARB, CORE, LINK, WLD, OP, LTC, ALGO, ADA, NEAR, and XLM.
When using the collateral swap feature, users who place a single order worth more than 5,000 USDT will be eligible to borrow these specified popular cryptos with 0% interest during the promotion period. This allows users to flexibly allocate funds in volatile markets, swap and repay as needed, and seize investment opportunities without incurring additional interest costs.
Collateral Swap 2.0 is more than just a product update; it reflects HTX’s long-term commitment to innovation and user value. This upgrade transforms the product from a single tool into a comprehensive asset management solution. HTX will continue to uphold its “user first” philosophy by improving its lending and asset management tools to provide more robust and efficient financial solutions to users worldwide.
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The post first appeared on HTX Square.