Huobi Global to Delist Some Margin Trading Pairs on July 14

 Dear Valued Users,

Huobi Global will delist the following isolated margin and cross margin trading pairs at 03:30, July 14, 2022 (UTC) due to their relatively low liquidity and trading volume.

 

Isolated margin trading pairs to be delisted:

BTC margined

ADA/BTC、ATOM/BTC、CRO/BTC、DASH/BTC 、ELA/BTC、LINK/BTC、NAS/BTC、OMG/BTC、ONT/BTC、QTUM/BTC、VET/BTC、ZIL/BTC

USDT margined

XCN/USDT、ALICE/USDT、BAND/USDT、BTM/USDT、C98/USDT、ELA/USDT、HSR/USDT、IRIS/USDT、LAMB/USDT、OCEAN/USDT、RUFF/USDT

The delisting timeline is as follows:

  1. July 14, 03:30 (UTC): Loan service for the above isolated margin trading pairs will be disabled
  2. July 14, 03:30 (UTC): Trading service for the above isolated margin trading pairs will be disabled, and transfer and margin trading will be unavailable.
  3. July 14, 03:30 (UTC): Liquidation and compulsory repayment will be triggered.

 

Cross margin trading pairs to be delisted:

Token

Trading Pairs

KSM

KSM/USDT, KSM/BTC

ONT

ONT/USDT, ONT/BTC

QTUM

QTUM/USDT, QTUM/BTC

YFII

YFII/USDT, YFII/BTC

PEOPLE

PEOPLE/USDT

The delisting timeline is as follows:

  1. July 14, 03:30 (UTC): Transfer feature for the above Cross Margin trading pair will be disabled
  2. July 14, 03:30 (UTC): Trading service for the above trading pairs will be disabled, and compulsory repayment will be triggered.

 

To avoid your assets from being affected by forced liquidation and repayment, we recommend users who hold positions of the above trading pairs to stop trading and make manual repayments before 03:30, July 14, 2022 (UTC)

 

Important notes:

  1. Please withdraw the pending orders of the above Margin trading pairs in time before the delisting and stop any related trades.
  2. Forced liquidation and repayment will be triggered if users fail to repay their loans after the delisting. Any remaining assets will be transferred to the users’ Spot Accounts 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. Huobi Global remains committed to providing you with better products and services.

 

Risk Reminder: Trading in digital assets comes with high risks due to huge price fluctuations. Before trading, please have a full understanding of all the risks involved and be prudent in your own decisions. All information displayed on Huobi Global does not constitute investment advice. Huobi does not take responsibility for any resulting direct or indirect losses, nor would it be held liable.

 

Thank you for your support.

 

Huobi Global

12 July, 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.