This is a general announcement. The products and services referred to herein may not be available in your country or region.
Dear UMX Clients,
To further enhance capital efficiency across markets for professional-grade investors, UMX has opened its Collateral-backed Credit feature, a first-of-its-kind solution that bridges crypto assets and securities, bringing institutional-grade financing capabilities to individual investors.
Starting today, you can unlock additional purchasing power in your securities account without selling your crypto assets or transferring them into your securities account. Simply use eligible crypto assets as collateral to increase your available funds, maximum buying power, and remaining liquidity, giving you greater flexibility to trade securities.
I. Key Features
- Keep your crypto where it is: Your crypto remains in its original account and does not need to be transferred into your securities account. Once the Credit Line is active, the corresponding available margin in USDT is locked and your remaining available margin decreases accordingly.
- Buying power when you need it: The Credit Line increases Available Funds, Maximum Buying Power, and Remaining Liquidity in your securities account and is displayed separately as Crypto Credit Line Transfer. It is not included in Estimated Total Assets, Total Securities Value, Estimated Cash, or leverage calculations.
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Interest based on actual usage: The system uses cash in your securities account first and the Credit Line second.
- No interest on unused credit: Unused credit, including amounts reserved for orders that have not been filled, does not accrue interest.
- No interest if the negative cash balance is cleared before settlement: No interest is charged if you close the position on the same day with a zero or positive cash balance, or clear any negative cash balance before settlement using a fiat deposit or already-settled funds.
- Daily interest after settlement: If a negative cash balance remains after settlement, interest accrues daily on the actual outstanding amount from the settlement date and is collected at the beginning of the following month. The applicable rate follows the UMX VIP margin rate schedule.
- Credit calculation and limits: UMX first applies the relevant asset discount rate to calculate available margin in USDT, then applies the USD Credit Line reference conversion rate shown on the platform. The current USD Credit Line conversion haircut is 4%, corresponding to a reference conversion rate of 0.96. Your maximum available Credit Line is the lowest of three amounts: adjusted available margin, the platform's remaining Credit Line capacity, and your remaining per-user limit. The per-user limit is USD 10 million, and the platform-wide limit is USD 100 million. Parameters may change with market and risk conditions; the values shown on the platform will apply.
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Repaying and releasing your Credit Line:
- Repayment options: Partial repayment is supported, with no fixed repayment deadline. Clear the negative cash balance by depositing USD, converting HKD to USD within your account, or selling securities and waiting for the proceeds to settle.
- Settlement timing: Selling securities does not repay the balance immediately. Sale proceeds must settle—T+1 for U.S. stocks and T+2 for Hong Kong stocks—and clear the negative cash balance before the corresponding interest stops.
- Releasing your Credit Line: Clearing the outstanding balance does not automatically cancel the Credit Line. To unlock the corresponding USDT, select Release Credit Line. The maximum releasable amount is the lower of Available Remaining Assets in your securities account and your current Credit Line, and may be further limited by open orders, positions, and account risk.
II. How to Use the Credit Line
- Open Assets → Transfer. Select Crypto – Trading Account as the source and Securities – Securities Account as the destination, then choose Credit Line. You can also select the Boost Securities Buying Power in One Tap banner on the Assets page.
- Enter an amount. Review your available credit and the estimated impact on both accounts, then confirm and submit.
- Once processed, you can view Crypto Credit Line Transfer together with updated Available Funds, Maximum Buying Power, and Remaining Liquidity in the securities Account Overview and Account Details pages. Your records are available under Order Center → Credit Line History.
The UMX App and Web both support Credit Line activation and release. These operations are not currently available via API. After completing them in the App or on the Web, you may continue trading securities through the API.
III. Risk Management Notice
Keep a close eye on Remaining Liquidity in your securities account. If Remaining Liquidity falls to zero or below, the securities account will be subject to forced liquidation. The Credit Line is included in Remaining Liquidity, but not in Estimated Total Assets, Total Securities Value, Estimated Cash, or leverage calculations.
Also monitor Margin Balance and the Credit Line Risk Buffer in your crypto account. If margin becomes insufficient to cover the risk buffer, UMX may automatically recover part of the Credit Line; if the crypto account reaches the full-takeover threshold during liquidation, UMX may recover the entire Credit Line. The crypto and securities accounts trigger liquidation independently. If automatic recovery reduces Remaining Liquidity in the securities account, the securities account may still be liquidated under its own rules. Review the estimated impact on both accounts before submitting.
IV. Risk Disclosure
This announcement is provided for product and informational purposes only. It does not constitute an offer, solicitation, or investment advice. Securities, digital assets, margin financing, securities lending, and collateralized credit involve a high degree of risk and may result in the partial or total loss of principal.
Using the Credit Line or other forms of cross-asset buying power involves leverage. This can magnify losses caused by market volatility and may lead to margin calls, transfer restrictions, automatic reductions to your Credit Line, position reductions, or forced liquidation. In the event of adverse price fluctuations, all of your collateral may be liquidated.
Credit limits, conversion rates, interest rates, interest calculations, settlement rules, supported instruments, and user eligibility may change in response to market conditions. Please refer to the latest information on the UMX platform, applicable product terms, client agreements, and risk disclosures.
Thank you for your continued support and trust in UMX. If you have any questions or feedback, please contact us through our official channels or email cs@umx.com.
UMX Team
November 13, 2026
November 13, 2026