HTX (formerly Huobi) continues to innovate with its latest order book mining campaign, allowing users to earn rewards while trading. This initiative follows the platform's successful trading mining program, further enhancing user engagement through crypto-economic incentives.
Order Book Mining: A New Trading Paradigm
Order book mining introduces a transparent mechanism where users are rewarded for maintaining active limit orders within specified price ranges. Here's how it works:
● Minute-by-Minute Snapshots: Fair & Transparent
- Campaign Period: June 26 18:00 - July 3 18:00 (UTC+8)
- Eligible Pair: BTC/USDT spot trading
Mechanics:
- System takes random snapshots every minute
Valid orders must:
- Maintain ≥100 USDT order value (price × quantity)
- Stay within ±0.5% of the latest executed price
Example Calculation:
If BTC last traded at 60,000 USDT:
- Valid price range: 59,700 - 60,300 USDT
- Orders between these thresholds qualify for rewards
● Lucrative Rewards Structure
- Total Prize Pool: 25,700,000,000 $HTX
Distribution:
- Daily pool: 3,675,569,713 $HTX
- Per-minute pool: 2,552,478 $HTX
- Reward Cap: 85,763,293 $HTX/hour per user
Payout Example:
If total valid orders = 1,000 USDT in a minute:
- 100 USDT order → 255,247.8 $HTX reward
Note: Users must register via the announcement page to participate.
Why HTX Stands Out
HTX has evolved from a crypto exchange (founded 2013) into a comprehensive Web3 ecosystem offering:
- Secure digital asset trading
- Financial derivatives
- Wallet/investment services
- Blockchain research & incubation
The platform's user-first philosophy drives continuous innovation, with order book mining being the latest example of creating mutual value for traders and the crypto ecosystem.
FAQ: HTX Order Book Mining Explained
1. How often are rewards distributed?
Rewards accrue every minute 24/7 during the campaign, with hourly personal caps.
2. What happens if my order gets executed?
Only active limit orders qualify. Market executions disqualify the order from that snapshot's rewards.
3. Can I participate with other trading pairs?
Currently, only BTC/USDT is supported in this campaign.
4. Is there a minimum account balance requirement?
No, but each order must be worth ≥100 USDT to qualify.
5. How does HTX ensure price snapshot fairness?
The randomized minute-by-minute mechanism prevents gaming, while the ±0.5% threshold maintains market stability.
6. Where can I track my accumulated rewards?
Check your HTX account's "Rewards History" section post-snapshot.