Huobi is pleased to announce the initial launch of Huobi C2C Lending Service on 21st May 2020 (GMT+8). You may log on to Huobi website (www.huobi.me), or download the latest version of Huobi APP to experience it. For details, please see the following information:
C2C Lending Service
Via C2C Lending Service, Huobi Global provides a matching platform for C2C token lenders and borrowers. C2C Lending Service comprises of the following sub-modules:
- C2C Loan: C2C Loan allows users who have idle balances on Huobi Global to submit order requests to lend their tokens out at a pre-defined daily interest rate. Users who have token borrowing needs can select which orders to accept and pay lenders the pre-agreed token interest.【see C2C Loan】
App users can access “C2C Lending”module via the “Margin”drop-down menu.
- C2C Borrow provides Margin Traders on Huobi Global with an option to borrow at a potentially cheaper interest rate, without any HT requirement. Lowest daily interest rate is 0.02% 【see C2C Borrow】
App users can toggle to the “C2C Borrow” via the“C2C Margin”module.
Web side users can experience C2C Margin in the margin trading zone. 【Go to ‘C2C Margin’】
Loan Limit (Current loan limits at initial launch, subject to change)
Normal Users: The loan limit of USDT is 1,000,000 (USDT) and the loan limit of BTC is 100 (BTC).
|VIP Level||Huobi EXP||Loan Limit (USDT)||Loan Limit (BTC)|
*VIP Benefits Details:（https://support.huobiservice.com/hc/en-us/articles/900000201086）
Platform Service Fee
Platform service fee = actual interest amount * 18%;
Actual interest amount = loaned asset amount * hourly interest rate * loan period. (If the term is less than 60 minutes, it shall be deemed as one(1) hour)
Risk Reminder: Digital assets are emerging trading product. Kindly make rational trading decisions.
Thank you for your support!
May 21, 2020