What is Huobi’s leverage account?
According to official news from Huobi, a leverage account is a trading product
According to official news from Huobi, a leverage account is a trading product based on perpetual contracts. On the Huobi platform, users can use various assets as collateral for leverage trading, including mainstream cryptocurrencies such as BTC and ETH.
Leverage is a product launched by Huobi that supports automatic borrowing and rebalancing. When you want to purchase a certain cryptocurrency with spot or options, you must have a corresponding leverage multiple and need to borrow through delivery settlement. If you want to sell the cryptocurrency, you need to pay interest to the fund pool and the collateral.
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