Huobi liquidation has entered the countdown, please properly handle your digital assets

In response to national policies, Huobi Global released a liquidation process announcement on October 2. Due to the late gap between the announcement and the liquidation time, many users did not deal with their digital assets on the Huobi platform. However, as of today, the liquidation time is less than half a month, so the editor once again reminds everyone to properly handle their assets to avoid unnecessary losses.

The following is an excerpt from the liquidation announcement released by Huobi on October 2nd.

Dear users:

In response to the local government's regulatory policy requirements, Huobi Global will complete an orderly withdrawal while ensuring the safety of assets of users in mainland China. Please rest assured that your assets in Huobi Global will be 100% redeemed and withdrawn.

The process for clearing out existing currency and OTC transactions for users in mainland China (tentative) is now announced as follows:

1. Coin-to-coin transactions:

The recharge function for users in mainland China will be closed at 11:00 on December 14, 2021 (GMT+8).

At 11:00 on December 15, 2021 (GMT+8), currency-to-currency trading for users in mainland China will be prohibited, and orders from users in mainland China will be cancelled (the withdrawal function remains open, and users in other non-restricted countries and regions will not be affected).

2. OTC Trading:

OTC CNY trading will be delisted at 24:00 (GMT+8) on December 31, 2021.

Withdrawal function retention period:

Mainland Chinese users who have opened a Huobi Global account can still log in to their account. They can only view their personal information to apply to withdraw their personal assets and cannot conduct any transactions. The withdrawal function for mainland Chinese users will continue to be retained for 1 to 2 years (the specific closure time will be notified separately).

Warm reminder: The "mainland China users" referred to in this announcement are users who have been authenticated as being from mainland China on Huobi Global. Users who have not undergone identity authentication will be judged based on their registered nationality. All the above times and plans are tentative. If there are any changes, Huobi Global will notify you in advance through announcements and other forms!