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HTX launches flexible Crypto Loans and offers a prize pool of 2.7 billion in tokens

Cryptocurrency platform HTX has launched its flagship product, Flexible Crypto Loans, to meet the increasing demand for flexible financial solutions. The launch comes with additional incentives, including a prize pool of 2.7 billion HTX tokens. The product offers dynamic interest rates, high loan-to-value ratios, no loan limits, and zero fees. Users can borrow and repay at any time, and collateral assets include Tether, Bitcoin, and Ethereum. The "Borrow & Earn" initiative allows users to share in the prize pool based on the proportion of their passive interest on USDT loans. HTX also released a report on memecoins, stating their growth and widespread adoption despite limited technical utility.

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