Dear HTX Users,

To further enhance your trading experience, HTX will be launching the new feature: TRX deduction of trading fees and loan interest on March 8, at 03:00 (UTC).  By enabling this feature, users can use TRX to deduct spot trading fees and enjoy an additional 25% discount on fees!

Here's how you can enable this feature: Simply log in to your account with you PC or app and navigate to Profile > My Fee Rates. Please note you can use either TRX or HTX for deduction at a time.

With the "Reduce spot fees with TRX deduction" feature enabled, users' TRX assets (if sufficient) will be automatically used to pay for their spot trading fees and enjoy an additional 25% discount based on the preferential fee rates corresponding to their Prime level. The amount of TRX needed for the fee payment is calculated at the market price of TRX. TRX deduction applies to the margin loan interest based on users' Prime level.

Example: If you are a Prime 3 user, your spot trading fee rate is set at 0.1% for both Maker and Taker orders. By enabling the "Reduce spot fees with TRX deduction" feature, you will enjoy the discounted fee rate of 0.075% for both Maker and Taker orders.

With the "Reduce futures fees with TRX deduction" feature enabled, users' TRX assets (if sufficient) will be automatically used to pay for their futures trading fees and enjoy an additional 5% discount based on the preferential fee rates corresponding to their Prime level. The amount of TRX needed for the fee payment is calculated at the market price of TRX.

Example: If you are a Prime 3 user, your futures trading fee rate is set at 0.01% and 0.045% for Maker and Taker orders, respectively. By enabling the "Reduce futures fees with TRX deduction" feature, you will enjoy the discounted fee rates of 0.0095% and 0.04275% for Maker and Taker orders, respectively.

API Changes:
1. linear-swap-api/v3/linear_swap_fee_switch (It is used to set deduction method for USDT-Margined Futures): The new request parameter called "deduction_currency" is added, which means the cryptocurrency used for fee deduction.
2. Adding new error code 4012, which means this product does not support deduction.

HTX Team

March 7, 2024

Trade on the go with HTX App (iOS/Android)

Sign up for a HTX Account to get Special Rewards!

Find us on

Twitter:

https://x.com/htx_global

https://twitter.com/htxfutures

Facebook: https://www.facebook.com/htxglobalofficial/

Instagram: https://www.instagram.com/htxglobalofficial/

Reddit: https://www.reddit.com/r/HuobiGlobal/

Medium: https://htxofficial.medium.com/

Telegram:

https://t.me/htxglobalofficial

https://t.me/HTXGlobalAnnouncementChannel

https://t.me/HTXFutures_en

Discord：

https://discord.gg/htx-official

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.