Dear users,
In order to improve the level of risk control, Crypto Loans will adjust some collateral LTVs at 11:00 on March 17th (UTC). The details are as follows:
|
Collateral |
Initial LTV Before |
New Initial LTV |
Margin Call LTV Before |
New Margin Call LTV |
Liquidation LTV (unchanged) |
Replenishment Space Before |
New Replenishment Space |
|
BTC |
70% |
65% |
80% |
72% |
85% |
5% |
13% |
|
ETH |
70% |
62% |
80% |
72% |
85% |
5% |
13% |
|
USDT |
70% |
65% |
80% |
72% |
85% |
5% |
13% |
|
HUSD |
68% |
60% |
75% |
70% |
80% |
5% |
10% |
|
BCH |
68% |
60% |
75% |
70% |
80% |
5% |
10% |
|
LTC |
68% |
60% |
75% |
70% |
80% |
5% |
10% |
|
HT |
68% |
60% |
75% |
70% |
80% |
5% |
10% |
1. Loans that have been generated before the adjustment will still be executed in accordance with LTVs before, and new loans generated after the adjustment will be executed in accordance with new LTVs;
2. This adjustment does not involve liquidation LTVs, and will not cause additional liquidation risks. Instead, users will have more buffer space and time to operate replenishment.
Where to borrow:
Visit: www.huobi.com, and click [Finance] – [Crypto Loans] from the navigation menu
Web link: https://www.huobi.be/en-us/financial/pledge/
Collateral Coin Details: https://www.huobi.be/en-us/financial/pledge/detail/
*Please visit here to view User Manual: https://support.hbfile.net/hc/en-us/articles/900003764586
*Please visit here to view the FAQ: https://support.hbfile.net/hc/en-us/articles/900004824443
Thanks for your support!
Huobi Global
March 17th, 2021
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