Huobi blog
2025-11-06 07:26:03

HTX Launches Swap Voucher to Take Funding Costs Even Lower

Against a backdrop of increasing market volatility and uncertainty, optimizing capital costs and maximizing efficiency have become top priorities for professional traders and institutions. HTX, a leading global exchange, is addressing this challenge with a major upgrade to its Collateral Swap (formerly Crypto Loans) product with the introduction of the Swap Voucher feature. This enhancement empowers users to better navigate market fluctuations and minimize capital turnover costs. The Swap Voucher automatically offsets borrowing interest. By intelligently combining users’ Prime Membership privileges with these dynamic discounts, HTX achieves dual optimization of loan costs. This provides users with a more efficient financial instrument and strategic flexibility during turbulent markets. Industry-First Dual Discount Further Cuts Funding Costs The Swap Voucher is an all-new benefit-based tool launched by HTX to directly reduce borrowing costs by offsetting the interest on Collateral Swap orders. Unlike traditional discounts, this voucher is designed to be stacked alongside Prime Membership privileges. The system automatically calculates the optimal combination of available discounts, making borrowing more affordable and fund utilization more stable. The process is simple—just three steps to enjoy your discount: View Vouchers: Visit the [HTX Official Website – Rewards Hub] or [HTX App – My Rewards] to find your available Swap Vouchers in your Coupon section. Apply Discount: When placing a Collateral Swap order, the system automatically displays the applicable vouchers. Simply select one to apply the discount. Confirm Savings: Preview your Estimated Savings in the fee details before submitting your order. After placing the order, you can also view voucher usage in the order details. The system automatically applies the best combination of your Prime Membership discount and Swap Voucher to ensure the lowest possible net interest payment. Three Key Scenarios Where Costs Are Instantly Reduced The Swap Voucher applies to all assets and loan terms, effectively addressing the pain points of professional users. 1. Miners’ Capital Turnover: Facing fluctuations in electricity costs and mining revenue, miners can leverage Collateral Swap for rapid liquidity. By stacking the dual discounts, interest expenses are significantly reduced, enabling miners to extend holding periods and capture greater profits. 2. Market Maker Inventory Management: Market makers often need to adjust positions to maintain trading depth. Using the voucher directly lowers borrowing costs, allowing for more efficient inventory turnover while enhancing quoting competitiveness and overall market liquidity. 3. Quantitative Teams’ Hedging Strategy: For quantitative teams that frequently borrow to execute hedging strategies, the dual discount mechanism makes funding costs more predictable and controllable, significantly enhancing strategy performance and capital efficiency. As a global leader in digital asset trading, HTX remains committed to a user-first, efficiency-driven product philosophy. The introduction of the Swap Voucher marks a major step forward—more than a simple feature upgrade, it redefines the cost and efficiency of crypto borrowing. Looking ahead, HTX will deepen its commitment to product innovation, delivering smarter, scenario-based financial tools that empower users to navigate market volatility, capture alpha opportunities, and unlock the full potential of their capital. To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X , Telegram , and Discord . The post HTX Launches Swap Voucher to Take Funding Costs Even Lower first appeared on HTX Square .

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