What does Huobi’s pending order fee mean?

What does Huobi’s pending order fee mean? After Huobi went online, in order to make it more convenient for users to trade and hold positions, the platform will automatically cancel or withdraw all orders.

For ordinary users, obtaining profits through various operations such as opening an account and depositing in the exchange is relatively high. However, if high returns are not provided, it is necessary to bear a certain margin risk. For example, the “one-click close long” function in the Huobi app does not require any margin.

Therefore, the “zero sharing + margin” model is suitable for novice investors. Because when the price of Bitcoin rises, large traders can increase the amount of funds used through leverage. However, due to the complexity of contracts, users are unable to place orders or close short orders, thereby increasing the user’s loss costs. This type of user generally chooses to use cash instead in exchange for a fee discount coupon (such as USDT), without paying commission. This reduces the user’s entry threshold and improves investment returns.

In addition, Huobi also provides “Lightning Loan”. This product supports users to borrow digital assets, and users can obtain stable interest rates through Lightning Loans. This system is led by Li Lin, Vice President of Huobi’s global business. He said, “Lightning Loan can solve the problems in the spot market.”