TRC20 Chain-based USDC Deposits and Withdrawals Go Live: 30,000 USDC Prize Pool and Zero Withdrawal Fees

Dear Valued Users,

TRC20 chain-based deposits and withdrawals for USDC will be going live on Huobi Global. To celebrate this, we’re offering you a promotion with a 30,000 USDC prize pool and ZERO withdrawal fees.

 

Timeline for USDC (TRC20) Deposits and Withdrawals:

  • Deposits open at 10:00 (UTC) on Nov 9
  • Withdrawals open at 10:00 (UTC) on Nov 9

 

I. Deposit to Win from a 30,000 USDC Prize Pool

Period: 10:00 (UTC) on Nov 9 - 10:00 (UTC) on Nov 16

Rules:

  • Users who deposit USDC via the TRC20 chain to the Huobi Platform are eligible for a share of 30,000 USDC according to their net deposit volumes.
  • Net deposit volumes = Deposit volumes based on the TRC20 chain - Withdrawal volumes 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 * 30,000
  • The individual reward is limited to a maximum of 500 USDC. Due to the dimensions of the tick display, rewards of 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 for any reward.
  • In accordance with local compliance, Mainland China users are not allowed to participate.

 

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

Launch Time: 12:00 (UTC) on Nov 9

End Time: 12:00 (UTC) on Nov 16 

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

USDC

7 days (early 

termination

 is not allowed)

30% 1 USDC 1,000 USDC 1,050,000 USDC
  • Tokens earned in the event will be distributed in USDC.
  • Rewards and the deposited tokens will be unlocked and sent to participants’ Exchange accounts one day after the deposit period ends.

 

III. Enjoy ZERO Withdrawal Fees for USDC (TRC20 Chain)

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

Rules:

  • During the promotion period, users can enjoy zero fees when withdrawing USDC via the TRC20 chain.
  • Once the promotion ends, withdrawal fees will revert to normal rates.

Terms & Conditions

  • Huobi reserves the right of final interpretation for all aspects of this event, and the right to disqualify any participant who shows signs of fraudulent behavior.

 

Huobi Global

November 9, 2021

 

Trade on the go with Huobi Global App (iOS/Android)

Find us on

Twitter: https://twitter.com/HuobiGlobal

Facebook: https://www.facebook.com/huobiglobalofficial/

Instagram: https://www.instagram.com/huobiglobalofficial/

Reddit: https://www.reddit.com/r/HuobiGlobal/

Medium: https://huobiglobal.medium.com/

Telegram:

https://t.me/huobiglobalofficial

https://t.me/huobiofficial

https://t.me/HuobiFutures_en

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.