Huobi Global to Disable Some Margin Trading Pairs on June 17, 2022

Dear Valued Users,

 Due to the migration and upgrade for some tokens, Huobi Global will disable the following margin trading pairs at 03:00 (UTC) on June 17, 2022. 

 The affected tokens and their respective trading pairs are as follows:

Token

Respective Trading Pairs

BAND 

BAND/USDT; BAND/BTC

CRO

CRO/USDT; CRO/BTC

IOST

IOST/USDT; IOST/BTC

RSR

RSR/USDT; RSR/BTC

VET

VET/USDT; VET/BTC

WICC

WICC/USDT; WICC/BTC

YFI

YFI/USDT; YFI/BTC

ZIL

ZIL/USDT; ZIL/BTC

GALA

GALA/USDT

LOOKS

LOOKS/USDT

XCN

XCN/USDT

Timeline:

1.  The transfer feature for the above Cross Margin trading pairs will be disabled from 02:40 (UTC) on June 17, 2022.  

2.  Cross margin trading services for the above trading pairs will be disabled at 03:00 (UTC) on June 17, 2022 and compulsory repayment will be triggered by the system.

To avoid your assets from being affected by compulsory repayment, we recommended users who hold positions of the above trading pairs to stop trading and make manual repayments before 03:00 (UTC) on Jun 17, 2022.

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 you fail to repay the loan after the delisting. The remaining assets will be transferred to your SpotAccount within 48 hours after the delisting.

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

We apologize for any inconvenience caused and your understanding is very much appreciated. We will continue to strive to  offer our users better products and services.

Risk Reminder: 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 is risky. Please read our Risk Reminder text here.

Thank you for your support!

 

Huobi Global

June 16, 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.