HTX to Adjust the Parameters of Cross Margin Trading for WAVES
- Announcements
Dear Valued Users,
HTX will adjust the margin parameters of cross margin trading for WAVES token from 01:00 to 02:00 (UTC) on August 9, 2022. After the adjustment, WAVES cannot be used as collateral for margin loans but it is still loanable for trades. The new parameters will come into effect at 02:00 (UTC) on August 9, 2022.
The adjustment details are as follows:
| Before Adjustment |
|||
| Token |
Margin Adjustment Factor |
Margin Limit |
Position Limit |
| WAVES |
1 |
6,900 |
20,700 |
| After Adjustment |
|||
| Token |
Margin Adjustment Factor |
Margin Limit |
Position Limit |
| WAVES |
0 |
0 |
13,800 |
| Key Phrases Explained |
|
| Margin Adjustment Factor |
Tokens need to be multiplied by this factor when they are used as collateral. |
| Margin Limit |
The maximum amount of tokens to be used as collateral. |
| Position Limit |
The maximum allowable amount of tokens in calculating the risk ratio. |
HTX
August 8, 2022
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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 digital asset, product, or promotion on HTX. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Reminder text here.
