Dear Users,
HTX is committed to fostering the healthy development of the blockchain industry. As HUSD has triggered Article (XI) of the HTX Token Management Rules, the platform will delist HUSD and implement the following measures:
Key Details of the Delisting Process
- Trading Suspension:
HUSD trading will cease on October 28, 2022, at 16:00 (GMT+8). - Automatic Conversion:
User-held HUSD will be converted to USDT at a 1:1 ratio. This process is expected to conclude by November 4, 2022 (GMT+8). Completion will be announced separately. Service Adjustments:
- Deposit/withdrawal services for HUSD will be suspended concurrently with trading.
- Users must cancel open orders for HUSD trading pairs beforehand.
Post-Delisting Steps
- Remaining orders will be automatically canceled, with assets returned to your spot account for conversion.
- Converted USDT will appear in your spot account.
👉 Learn more about HTX's Token Management Policies
FAQs
Q1: Why is HTX delisting HUSD?
A1: The decision aligns with HTX’s Token Management Rules, specifically Article (XI), which addresses compliance and market stability.
Q2: How is the conversion rate determined?
A2: HUSD will be converted to USDT at a fixed 1:1 ratio to ensure minimal user disruption.
Q3: What happens to my pending HUSD orders?
A3: All active orders will be canceled automatically, and assets will be converted post-delisting.
Q4: Can I withdraw HUSD after the deadline?
A4: No. Deposit/withdrawal services will terminate when trading suspends.
Final Notes
HTX reserves the right to amend or cancel this announcement without prior notice. Cryptocurrency investments carry inherent risks; please review our Risk Disclosure for details.
Thank you for your continued trust in HTX.
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