HTX is a leading crypto exchange where you can buy and sell Bitcoin and other cryptos.
The exchange offers more than 1,000 types of cryptos like BTC, ETH, SOL, and more.
It has a record of zero security incidents and is trusted by more than 20 million users.
To get started, sign up for HTX using this referral link or enter “uuyk8223” as the referral code.
Once you’re on HTX, select Content > HTX Learn > select the current quiz.
This guide contains the Learn and Earn HTX Learn About Crypto Loans quiz answers to earn a prize pool of 0.04 USDT as learning rewards.
HTX Crypto Loans Quiz Answers
Question: Which cryptos are currently supported for borrowing in Crypto Loans?
Answer: USDT, BTC, and ETH.
Question: What is the formula for calculating LTV ratio?
Answer: LTV Ratio + Borrowed Assets / Collateral Assets.
Question: What is the formula for calculating Crypto Loan interest?
Answer: Borrowed Assets x Hourly Interest Rate x Borrowing Duration.
Question: Who are the target users of the Crypto Loans service?
Answer: HTX’s real-name verified users.
Question: What actions will the platform take if the user’s LTV ratio exceeds the platform’s liquidation LTV ratio?
Answer: Liquidate the user’s pledged assets to repay the loan.
