Trading Meets Mining: Inside HTX's Round 3 TradFi Event
The convergence of cryptocurrency and traditional finance is creating novel opportunities for traders. HTX's latest initiative, the third round of its TradFi Trading Mining event, embodies this innovation, transforming trading activity into tangible rewards.
How It Works: Mechanics and Participation
This mining round spans four major asset classes, featuring 20 designated perpetual contract pairs. Traders gain streamlined access to equities, indices, commodities, and precious metals within a single platform.
- Diverse Asset Exposure: Pairs include commodities like Gold (XAU), Silver (XAG), and Crude Oil (USOIL, BRENTOIL), alongside major indices (e.g., SPX, QQQ) and leading tech stocks.
- Straightforward Reward System: Users who register and trade the specified pairs before the deadline (19:59 UTC+8, September 20) will earn $HTX tokens based on actual trading fees incurred. Maker orders receive a 110% reward ratio, while Taker orders earn 105%.
- Negative Fee Trading: With rewards exceeding fees, participants effectively experience 'negative fee' trading, significantly reducing transaction costs.
Added Incentives and Ecosystem Support
Beyond the core mining rewards, the event incorporates additional tiers to encourage deeper engagement.
Users whose cumulative mining amount reaches 10,000 USDT during the event will unlock an extra 10 USDT in contract trial funds, providing capital for further market exploration.
A key feature of this event is its built-in value accrual mechanism: 100% of all trading fees generated by registered users on the designated pairs will be used to buy back and burn $HTX tokens. This directly links trading activity to the token's deflationary model, aiming to support long-term value growth by reducing circulating supply.
This event represents more than a promotion; it's an integrated experiment combining user trading, platform incentives, and tokenomics. For traders looking at traditional finance through a crypto lens, it presents a timely opportunity to explore.