Huobi Primelist to List Rikkei Finance (RIFI) on December 7

Dear Valued Users,

Huobi Global will be listing Rikkei Finance (RIFI) on our brand new token listing platform, Primelist, at 10:00 (UTC) on Dec 7

Click here: https://www.huobi.com/en-us/topic/primelist/?code=RIFi

Similar to Huobi Prime, Primelist is a new token listing platform on Huobi and expands our channels for listing high-quality tokens. With Primelist, participants stand a chance to buy new tokens at a low price and trade the newly listed token once the Primelist activity ends.

Rikkei Finance (RIFI) Introduction>>>

Token for Sale:

  Registration Method Register via Queue Register via HT Holdings
Token RIFI
Sale Period 10:00 (UTC) on Dec 7 - 12:20 (UTC) on Dec 7(Trading will open at 13:00 (UTC) on Dec 7, 40 minutes after the sale period ends)
Sale Volume 5,000,000 tokens (1% of total supply)
Up to 2,500,000 tokens(0.5% of total supply) Up to 2,500,000 tokens(0.5% of total supply)
Queue numbers for eligible buyers 1-5,000 NA
Purchase Price 0.1 USDT per token 0.1 USDT per token
Purchase Limit 50 USDT  Allocation on a pro rata basis
Payment Method USDT USDT

How to participate:

There are two ways for users to participate in this event. Each user can only choose one method for participation and cannot change the selected method once registration is completed.

Register via Queue

Eligibility: 

Participation Process:

  • From 10:00 (UTC) on Dec 7 to 11:00 (UTC) on Dec 7, eligible users can register to participate in this event. Their USDT balances in the Exchange account will be locked automatically once they complete the registration. (Please note: if you have not registered for the event, you will not be able to participate in the event)
  • From 11:00 (UTC) on Dec 7 to 12:20 (UTC) on Dec 7 the system will randomly select 5,000 lucky users among all participants to qualify for the purchase and allocation of 50 USDT worth of RIFI each. Those users will see their sequence number (1 ~ 5,000) on the web page. 
  • For the rest of the participants, their USDT tokens will be automatically unlocked and made available in their Exchange accounts.

Register via HT Holding

Eligibility: 

  • Sign up on Huobi Global and complete the advanced verification process before 10:00 (UTC) on Dec 7 (if you have not done so already)
  • Have 3-day minimum average holdings of 300 HT between 16:00:00 (UTC) on Dec 3 and 15:59:59 (UTC) on Dec 6, during which you can check your HT holdings at any time on the event page. In addition, ensure you have the minimum USDT holdings required to place orders according to the following table. Please note that all payments will be made in USDT.

3-day average HT Holdings

Max Amount for Order Placement

Minimum USDT Holdings Required

300≤x<1000

50 USDT

50 USDT

1,000≤x<3,000

100 USDT

100 USDT

3,000≤x<5,000

150 USDT

150 USDT

5,000≤x<10,000

200 USDT

200 USDT

10,000≤x<50,000

250 USDT

250 USDT

50,000≤x<500,000

750 USDT

750 USDT

x≥500,000

2,000 USDT

2,000 USDT

Participation Process:

  • From 10:00 (UTC) on  Dec 7 to 11:00 (UTC) on  Dec 7, eligible users can register to participate in this event. Their USDT balances will be locked automatically once the registration completes. (Please note: if you have not registered for the event, you will not be able to participate)
  • From 11:00 (UTC) on  Dec 7 to 12:20 (UTC) on  Dec 7, the system will automatically execute purchase orders with the maximum amount of USDT they can use for the order placement (as shown in the table above) and allocate new tokens for each participant on a pro rata basis.
  • After the allocation, any remaining USDT tokens will be sent to their Exchange accounts.
  • The number of new tokens allocated for each participant = The order amount in USDT for each participant/the order amount in USDT for all participants * The number of new tokens offered

Please Note:

  • Huobi Global will open RIFI deposits and spot trading (RIFI/USDT) at 13:00 (UTC) on  Dec 7
  • Huobi Global will open RIFI withdrawals at 10:00 (UTC) on Dec 10.
  • Margin trading, futures trading, and promotions for RIFI with attractive rewards will go live shortly after spot trading for RIFI opens. Please stay tuned!

Terms & Conditions:

  • Huobi Tokens (HT) held in all Huobi Global accounts (excluding Huobi Cloud Wallet) are counted within the scope of the snapshot. The snapshot will randomly take place every 24 hours, starting from 16:00:00 (UTC) on Dec 3 to 15:59:59 (UTC) on Dec 6.
  • To avoid irrational operations, the platform will restrict the use of Market Orders within the first 5 minutes after spot trading starts. The prices set in Limit Order shall not be higher than 10 times the price set in this event.
  • If there are no orders on the order book within 90% ~ 110% of the last price, all new Market orders placed for buying/selling will be canceled automatically to prevent slippage. Please ensure that you have done sufficient risk assessment when trading newly-listed tokens, as they are often subject to high price volatility.
  • Users from the following countries or regions will not be permitted to participate in this Primelist event: Mainland China, Taiwan China, Hong Kong China, Macao China, the United States of America, Canada, Japan, Cuba, Iran, North Korea, Sudan, Syria, Venezuela, Singapore, and Crimea.
  • Orders using API will not be available during the Primelist event.
  • The Primelist event is not open to sub-accounts.
  • 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

December 1, 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.