Delisting of FTT Pairs for Cross and Isolated Margin Trading on Nov 14

Dear Huobi Users,

As part of Huobi Global Token Management Rules, Huobi Global will delist the FTT pairs for isolated margin and cross margin trading at 08:55 (UTC) on November 14, 2022.

 

Affected Isolated Margin Trading Pair:

USDT margined

FTT/USDT

The delisting timeline is as follows:

1. On November 14, 04:00 (UTC), isolated margin loan services for the FTT/USDT pair will be ceased.

2. On November 14, 08:55 (UTC), isolated margin trading services for the FTT/USDT pair will be disabled, after which transfer will not be available.

3. On November 14, 08:55 (UTC), compulsory repayments will be triggered.

 

Affected Cross Margin Trading Pair:

Coin

Trading Pair

FTT

FTT/USDT

The delisting timeline is as follows:

1. On November 14, 04:00 (UTC), cross margin loan services for FTT will be disabled.

2. On November 14, 08:55 (UTC), cross margin trading services for FTT will be disabled and compulsory repayments will be triggered.

To protect your assets from being affected by compulsory repayments, please stop trading the above trading pairs and make manual repayments before 08:55 (UTC) on November 14.

 

Notes:

1. Please withdraw the pending orders of the above Margin trading pairs in time before the delisting and stop any related trades.

2. Compulsory repayment will be triggered if users fail to repay their loans before the delisting. Any remaining assets will be transferred to the users’ Spot accounts within 48 hours after the compulsory repayments.

3. Spot trading for the above trading pairs will be unaffected.

 

We apologize for any inconvenience it may cause. Huobi Global remains committed to providing you with better products and services.

 

Huobi Global reserves the right to have sole discretion to amend or revise the terms of this announcement or cancel this announcement at any time and for any reasons without prior notice. Huobi Global has no obligation to notify you of any such amendment, revision or cancellation.

 

Risk Reminder: Trading virtual assets comes with high risks due to market volatility. Please fully understand all the risks involved before trading. The above is for information purposes only and Huobi Global makes no recommendations or guarantees in respect of this announcement, any virtual asset or any other information. Huobi Global is not liable for any direct or indirect losses arising from reliance on such information. We are neither responsible nor liable for your trading decisions.

 

Thank you for your support.

 

Huobi Global

November 14, 2022

 

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Huobi Global 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 Global makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on Huobi Global. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.