PANews reported on May 21 that, according to an official announcement, Huobi Leverage officially launched the 1U opening position function on May 20. From now until 23:59 (UTC+8) on May 31, three exclusive events will be launched simultaneously. Users who complete their first one-click opening position and leverage trading tasks can share a total prize pool of over 40,000 USDT.

1U Opening is a simplified opening experience designed by Huobi HTX for new leverage users. With a principal of 1 USDT, you can leverage a 10 USDT position. Borrowing is interest-free, and Huobi HTX will fully compensate for any losses on the first trade. New users can participate without any leverage experience.