HTX to Support Pi Network (PI) Mainnet Launch and PI to USDT Conversion

Dear HTX Users,

HTX is committed to promoting the healthy development of the blockchain industry. As the Pi Network mainnet is about to launch, the IOU for the PI token previously listed on HTX will expire (as per the details in the trading open announcement).

To better support the mainnet launch, we will delist PI and cease the related trading services at 08:00 (UTC) on February 13, 2025. Afterward, HTX will convert affected users' PI holdings into USDT at a ratio of 1:61.28 based on the halt price of PI. Once the conversion is complete, an additional announcement will be issued. Additionally, once the mainnet launches successfully, HTX will quickly list the new token PI and open spot trading services. Please stay tuned for future announcements.

Notes:

• All affected open orders will be automatically canceled after the delisting, and related assets will be credited to the affected users' Spot accounts, followed by the conversion to USDT.
• The converted USDT will be credited to affected users' Spot accounts.

HTX Team

February 13, 2025

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HTX 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 HTX makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on HTX. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.