Huobi HTX will jointly launch INIT (Initia) today at 19:00, and will also add INIT/USDT (10X) isolated margin trading

ChainCatcher news, according to the announcement from Huobi HTX, Huobi HTX has opened the deposit service for INIT on April 23 at 19:00 (GMT+8). The spot trading for INIT/USDT will open on April 24 at 19:00 (GMT+8). The withdrawal service for INIT will open on April 25 at 19:00 (GMT+8). Meanwhile, Huobi leverage will add INIT/USDT (10X) isolated margin trading on April 24 at 19:00 (GMT+8).

It is reported that Initia is an intertwined Rollup network that reconstructs a new multi-chain world as a whole by using Initia L1 and interconnected L2 systems, involving architecture, products, and economic system stacks. Initia has the advantage of identifying many existing multi-chain system flaws, such as those in Cosmos and Ethereum-based Rollups.