Huobi Global Will Adjust Position Limit for Several ETPs (2021/10/21)

Dear Valued Users, 

To enhance your trading experience and prevent from market risks, we will adjust the maximum holding limits for several ETP products (Exchange Traded Products) at 03:00 (UTC) on Oct 21, 2021. 

The adjustments are as follows: 

Type

Position Limit Before the Adjustment

Position Limit After the Adjustment

BTC*3

2,500

5,000

BTC*(-3)

2,500

5,000

BTC*(-1)

2,500

5,000

ETH*3

1,500

3,000

ETH*(-3)

2,500

5,000

ETH*(-1)

2,500

5,000

LINK*3

1,500

3,000

LINK*(-3)

1,500

5,000

DOT*2

1,500

3,000

DOT*(-2)

2,500

5,000

EOS*3

1,500

3,000

EOS*(-3)

2,000

4,000

XRP*3

1,500

3,000

XRP*(-3)

2,000

4,000

BCH*3

1,500

3,000

BCH*(-3)

2,000

4,000

ZEC*3

1,500

3,000

ZEC*(-3)

2,000

4,000

FIL*3

1,500

3,000

FIL*(-3)

2,000

4,000

  • After the adjustments, the user will not be able to purchase (subscribe) more products if the amount to be purchased (subscribed) plus the current holding amount exceeds the maximum holding amount. 
  • The holding limits of both the parent account and the sub-account will be adjusted simultaneously. 

Click for More information on ETPs>>>

 

Please Note:  

  • There is a possibility that the NAV of ETP can become zero or the product may be removed, due to inherent market risks, high fees, slippage, rebalance algorithm front-running, and any other perceived unknown risks associated with ETP. 
  • Huobi will make flexible adjustments for the maximum position limits on ETP, based on its market risk. 

  

Huobi 

October 21, 2021 

 

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Huobi reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Reminder text here.