SOL Chain-based USDT Deposits and Withdrawals Go Live: 40,000 USDC Prize Pool and Zero Withdrawal Fees

Dear Valued Users,

SOL chain-based deposits and withdrawals for USDT will be going live on Huobi Global. To celebrate this, we’re offering a promotion with 40,000 USDC prize pool and ZERO withdrawal fees.

 

Timeline for USDT (SOL) Deposits and Withdrawals

  • Deposits open at 10:00 (UTC) on Nov 10
  • Withdrawals open at 10:00 (UTC) on Nov 10

 

I. Deposit to Win Your Share of 40,000 USDC Tokens

Period: 10:00 (UTC) on Nov 10 - 10:00 (UTC) on Nov 17

Rules:

  • Users who deposit USDT via the SOL chain to the Huobi Platform are eligible for a share of 40,000 USDC according to their net deposit volume.
  • Net deposit volume = Deposit volume based on the SOL chain - Withdrawal volume based on all chains available on Huobi Global.
  • Users with negative net deposits are ineligible for rewards.

Reward Calculation: 

  • Individual Net Deposit Percentage = Individual Net Deposit Volume/ Total Net Deposit Volume from all eligible users*100%
  • Individual Rewards = Individual Net Deposit Percentage *40,000
  • The individual reward is capped at 500 USDC. Due to the dimensions of the tick display, rewards less than 0.00000001 USDC will not be distributed.

Please Note:

  • Deposits and withdrawals of sub-accounts will be credited to parent accounts. 
  • Rewards will be sent to users’ Exchange accounts within 10 working days after the event ends.
  • Users are required to complete the ID verification process before this campaign ends. Otherwise, they will be disqualified from any reward.
  •  In accordance with local compliance, Mainland China users are not allowed to participate.

 

II. Deposit USDT with Huobi Earn to Enjoy 30% APY 

Launch Time: 12:00 (UTC) on Nov 10

End Time: 12:00 (UTC) on Nov 17

Click to earn: https://www.huobi.com/en-us/financial/earn/

Token

Deposit Period

Est. APY

Min. Individual Deposit Requirement

Max. Individual Deposit Limit

Max Deposit Limit in Total

USDT

7 days (early termination is not allowed)

30%

1 USDT

1,000 USDT

1,750,000 USDT

  • Tokens earned in the event will be distributed in USDT.
  • Rewards and deposited tokens will be unlocked and sent to participants’ Exchange accounts one day after the deposit period ends.

 

 III. Enjoy ZERO Withdrawal Fees for USDT (SOL Chain)

Period: 10:00 (UTC) on Nov 10, 2021 - 9:00 (UTC) on Jan 26, 2022  

Rules:

  • During the promotion period, users can enjoy zero fees when withdrawing USDT via the SOL chain. 
  • Once the promotion ends, withdrawal fees will revert to normal rates.

 

Huobi Global

November 10, 2021

 

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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 digital asset, product, or promotion on Huobi Global. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Reminder text here.