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      Huobi Global to Delist HUSD and Convert HUSD Assets to USDT Assets

      HTX's logo HTX

      Dear Huobi Global Users,

      As part of our continuous efforts to promote the healthy development of the blockchain ecosystem, Huobi Global will be ceasing the HUSD trading service and delisting HUSD in compliance with Article 11 of Huobi Global Token Management Rules.

      The service termination and delisting of HUSD will start at 08:00 (UTC) on October 28, 2022. In the meantime, users' HUSD assets will be converted to USDT assets at a 1:1 ratio. We will publish another announcement to notify users of the completion of the conversion, which is expected to occur before November 4, 2022 (GMT 8).

      Click to read Huobi Global Token Management Rules.

      Important Notes:

      1. The deposit and withdrawal services for HUSD will be closed at 08:00 (UTC), Oct 28, 2022. Please plan your HUSD deposits/withdrawals accordingly. Please also cancel any open HUSD orders immediately.
      2. Any open HUSD orders at said delisting time will be automatically canceled. Relevant assets will be credited to users' Spot accounts for conversion to USDT assets, and the later will remain in the Spot accounts.

      Thank you for your support!

      Huobi Global

      October 27, 2022

      Trade on the go with Huobi Global App (iOS/Android)

      Find us on

      Twitter: https://twitter.com/HuobiGlobal

      Facebook: https://www.facebook.com/huobiglobalofficial/

      Instagram: https://www.instagram.com/huobiglobalofficial/

      Reddit: https://www.reddit.com/r/HuobiGlobal/

      Medium: https://huobiglobal.medium.com/

      Telegram:

      https://t.me/huobiglobalofficial

      https://t.me/HuobiGlobal_zw

      https://t.me/HuobiFutures_en

      Discord:

      https://discord.gg/huobi

      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 virtual asset, product, or promotion on Huobi Global. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.

      Read the original article at huobipro

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