--News Direct--
Huobi Earn launched the USDT Auto-Invest product on November 22, offering users up to 15% APY on USDT deposits. Featured with flexible subscription and redemption, guaranteed asset protection, stable returns and automatic interest compounding, the product is a safe, go-to choice for users to enjoy high earnings amid the current bear market.
Earn now: https://www.huobi.com/en-us/financial/earn/?type=steady
A safe haven immune to the vicissitudes of the crypto market
Users who subscribe for Huobi's Auto-Invest product will earn interest based on a tiered structure: commit 0-1000 USDT to enjoy an APY of 15%, 1,000-10,000 USDT for an APY of 3% and over 10,000 USDT for an APY of 1.6%. While offering APYs notably higher than those of similar products provided by other platforms, Huobi makes no concessions in its compliance effort and asset protection, thus making its Auto-Invest product a trusted choice to hold users' asset value against bear market volatility.
The three major reasons for choosing Huobi’s Auto-Invest product:
1. Flexible: Subscription and redemption are available 24/7. Instant arrival upon redemption.
2. Safe and stable: With Huobi's robust risk management system, Auto-Invest guarantees user assets security and provides stable returns.
3. Automatic compound interest: The accrued interest is automatically reinvested to create compound interest.
Huobi redoubled its efforts for asset security
The market has been doubting the security of assets in custody since the FTX crisis. Huobi's launch of the high-yield stablecoin earn product is backed by our commitment to the security management of users' trades and assets and sheer will towards global compliance.
In the week following the FTX incident, we launched Merkle Tree-based Proof of Reserves to prove the transparency of reserve assets. Three days later, we released the article "Huobi Calls for Crypto Exchanges to Improve Security and Transparency", which prioritizes the principle of "putting the security of the users' assets first and never meddling with users' assets", and guarantees full redemption for its users. After this, we disclosed the balance details of its hot and cold wallets and announced that it had finished a 100% Merkle tree reserve fund audit and would perform another Merkle Tree Proof of Reserve audit soon.
To curb the escalating crisis caused by the "run on deposits", Huobi and Tron DAO acted together and announced the redemption of HT and Tron tokens on the FTX platform at a 1:1 ratio to fully protect token holders' interests. On the second day, the trading of the above assets on FTX resumed, and some asset holders said they have come out of the crisis.
During its rebranding launch event on November 22, we underlined that Huobi would adhere to its tradition of protecting users' assets by constantly improving firewall security. Huobi had developed security hardware to maximize the security of its wallet's private key and avoid loopholes in asset storage straight from its source. We also use multi-signature and threshold signature technology to ensure the security of the private key signature process. In addition, Huobi uses multi-person and multi-site backup to ensure the availability of private keys in case of anything happens to private key holders and results in platform operation failure.
About Huobi
Founded in 2013, Huobi is one of the largest virtual asset exchanges in the world. Huobi serves millions of users across international markets. Since its establishment, Huobi has committed to providing first class virtual asset investment services. Huobi's robust infrastructure, product innovation and capital strength provides a truly customer-centric and secure trading environment to help our international users achieve their investment objectives. Please refer to Huobi's official website for more information: www.huobi.com.
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