Margin Loan Daily Interest Rate on Huobi Global: 0.1%
Interest Rate Computation Basis: Hourly
Borrowing USDT、BCC、ETH、LTC、ETC、DASH、XRP、EOS、OMG、ZEC incurs daily average interest rate of 0.1%, computed on an hourly basis. Computation of loan interest starts from the point when the loan application is submitted, and is computed hourly until the loan and interest is fully repaid.
Points can be deducted to pay off loan interest. For users with outstanding point balance in their account, the system will prioritize deduction of loan interest repayment using available points. (1pts = 1USDT equivalent fee).
For example: In the case of BTC/USDT, If the loan principal is 17,000USDT, loan period = 3 days, interest rate = 0.1%，interest fee payable = 51 USDT or 51 points.
Starting 12:00, September 27th, 2019 (GMT+8), Margin Trading Tiered Fee Structure also applies. Users can enjoy margin interest rates as low as 0.02% under this program.