Restriction Schedule of New Zealand User Accounts for Derivative Trading

Dear Valued Users,

Underpinning Huobi Global’s commitment to local compliance policies, we will be including New Zealand as a restricted jurisdiction in respect of trading in derivatives, and restrict New Zealand user accounts for derivatives trading in an orderly manner while ensuring the safety of user assets.

On 23 August 2022 at 00:00 (NZST), the user agreement will be updated to include New Zealand as a restricted jurisdiction. We will be restricting the derivatives trading services of all New Zealand-based users on the same day.

 

Please see the following schedule for the restriction of derivatives trading services of New Zealand-based users:

  1. Huobi Global will cease intake of users with New Zealand KYC and IP addresses effective from 23 August 2022.
  2. Huobi Global will disallow New Zealand-based users who do not hold any derivative positions from opening new positions effective from 23 August 2022.
  3. Huobi Global will only allow New Zealand-based users to close out active positions effective from 23 August 2022.

Please note:

  1. The derivative trading services include: (i) coin-margined futures; (ii) coin-margined swaps; (iii) USDT-margined contracts; (iv) options; and (v) Exchange Traded Products (ETP).

 

Regrettably, Huobi Global can no longer provide derivatives trading services for New Zealand-based users. We sincerely apologize for any inconvenience caused and thank you for your support!

 

If you have any questions, please contact our Customer Service ([email protected]).

 

Huobi Global

16 August 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 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.