HTX ushers in BTC negative fee era: 100,000 USDT rewards distributed daily
TechFlow Selected TechFlow Selected
HTX ushers in BTC negative fee era: 100,000 USDT rewards distributed daily
Until April 14, a daily reward equivalent to 100,000 USDT will be distributed.
Navigating Web3 tides with focused insightsSince its launch on March 15, HTX's Trading Mining has drawn significant market attention, with its popularity and influence steadily rising. This innovative model has not only attracted extensive user participation but also set a new benchmark within the industry.
Within 3 Days of Launch: Cumulative Trading Volume Exceeds 1 Billion USDT
According to official data, just three days after its official launch, HTX’s Trading Mining achieved over 1 billion USDT in cumulative trading volume. Trading depth rebounded into the global Top 3 exchanges, with a 179% increase in trading volume compared to the previous period. The platform has distributed more than 300,000 USDT in rewards and repurchased and destroyed over 160,000 USDT worth of $HTX tokens.
This achievement highlights not only the strong appeal of the HTX platform but also reflects users’ high level of recognition toward the trading mining model. Meanwhile, this initiative effectively reduced the circulating supply of $HTX, enhancing its stability and value.
Trading Mining is an exclusive benefit offered by HTX, allowing users to trade designated cryptocurrencies and share corresponding prize pools. Additionally, net trading fees generated from eligible trading pairs are fully allocated to $HTX buybacks and 100% burned, supporting the stable growth of $HTX's value.
The program helps enhance trading liquidity on the platform, delivering users a better trading experience through lower costs and improved efficiency. It also effectively reduces the circulating supply of $HTX, increasing its stability and value, thereby attracting more investors and users to participate in ecosystem development.
Most importantly, this burning mechanism offers HTX DAO users greater earning opportunities. By participating in liquidity mining, staking rewards, and similar activities, users can earn additional token rewards and grow their wealth.
As of April 14: Daily Rewards of 100,000 USDT Equivalent Distributed
According to an official announcement from HTX, the Trading Mining campaign will continue until April 14, 19:59:59 (UTC+8), distributing $HTX valued at 100,000 USDT daily to provide users with enhanced wealth-growth opportunities.
In this round of the event, the BTC/USDT spot trading pair is designated for Trading Mining. Each day’s mining cycle begins at 20:00 on day T and ends at 19:59 on day T+1. Mining rewards will be calculated and updated at 12:00 on day T+2, after which users may claim their $HTX rewards at any time. The event is open to all users, including market makers and API order users, provided their Rocket Value exceeds 300 and they have successfully registered on the event page.
Notably, HTX has actively incorporated feedback from the HTX DAO community. Starting from 00:00:00 on March 20 (UTC+8), users participating in Trading Mining will no longer pay referral commissions on the portion of their mining rewards to their referrers, while other trading pairs remain unaffected. This adjustment aims to further increase the daily $HTX buyback amount, supporting the stable appreciation of $HTX’s value.
As an innovative token trading and empowerment model, Trading Mining provides users with broader opportunities to engage in trading and earn rewards. HTX will continue refining the Trading Mining mechanism, optimizing user experience, and enhancing platform value. The platform will also actively explore more innovative business models, offering users more diversified and efficient digital asset trading services.
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News
