HTX, a prominent cryptocurrency exchange, has announced the commencement of the second phase of its 'Trade to Earn' event, now focusing on BTC futures trading. This initiative builds on the success of the previous spot trading event, offering participants the chance to earn from a daily prize pool of 100,000 USDT by engaging in BTCUSDT Perpetual trading, including copy trading, from March 29 to April 10, 2024.
In an effort to further incentivize participation, HTX has significantly increased the reward ratios for Maker and Taker orders to 110% and 105%, respectively. This adjustment is designed to attract a wider audience and encourage more trading activity on the platform. A spokesperson for HTX highlighted the event's role in cryptocurrency trading empowerment, stating, 'By offering enhanced reward ratios and a substantial daily prize pool, we are providing our users with broader opportunities to engage in trading and earn profits.'
The first phase of the Futures 'Trade to Earn' event demonstrated the model's effectiveness, with trading volume surpassing 1 billion USDT and HTX's trading depth ranking in the Top 3. The event led to a 179% increase in trading volume compared to the period before its launch, with over 300,000 USDT in rewards distributed to participants.
Participation in the second phase is straightforward, requiring traders to register on the HTX platform, where they can also benefit from negative fee trading. HTX, established in 2013, has grown into a comprehensive blockchain ecosystem, offering services beyond trading, such as financial derivatives, wallets, and research, with a commitment to safety, compliance, and global expansion.
This event underscores HTX's innovative approach to fostering engagement and liquidity in the cryptocurrency market, providing traders with unique opportunities to earn while contributing to the platform's growth and the broader blockchain ecosystem.
