DearHuobiGlobalUsers,
Werefertoourpreviousnoticeon"SupportingtheUpcomingEthereumMerge"(Viewdetails)publishedonAugust28,2022,andmakethefollowingchangestotheNoticebasedonthelatestarrangementswithourmargintradingservices:
1.Suspensionofmarginloanservices
From2022-09-0912:00(UTC)to2022-09-1600:00(UTC),loanservicesforETHcrossandisolatedmargintradingwillbetemporarilysuspended.ETHmarginloans(crossandisolated)incurredbefore2022-09-1301:59:59(UTC)willnotbeaffected.
2.Prematurerepayment
PleasemakesuretorepayanyoutstandingETHloansbefore2022-09-1301:59:59(UTC)toavoidanylossesincurredbytheliquidation.Toavoidcausingsignificantmarketpricefluctuations,theclosingofpositionswillbecarriedoutindifferentrandomly-groupedbatches.ThepricesforclosingtheETHpositionsarebasedonmarketprices.
3.Forcedliquidation
On2022-09-13from02:00to04:00(UTC),HuobiGlobalwillliquidateandcloseallopencrossandisolatedETHpositions.
4.Airdropcreditingofforkedtokens
HuobiGlobalwillairdroptheforkedtokenstousers'accountsbasedonthepost-closingETHsnapshotbalancesinyourmarginaccounts.
5.Reopeningofmarginloanservices
WhentheEthereumMergeandthepotentialforkingarecompleted,HuobiGlobalwillreopentheETHmarginloanservicesinduetime.Thespecifictimewillbeannouncedlater.
6.Riskreminder
Pleasemanageyourpositionsaccordinglyandfollowthemarketconditionscloselyduringthepotentialforking,whichmayresultinviolentpricefluctuationsandcauseliquidationevents.
Thankyouforyoursupport.
HuobiGlobal
Sep9,2022
TradeonthegowithHuobiGlobalApp(iOS/Android)
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HuobiGlobalreservestherightinitssolediscretiontoamendorchangeorcancelthisannouncementatanytimeandforanyreasonswithoutpriornotice.TheaboveisforinformationpurposesonlyandHuobiGlobalmakesnorecommendationsorguaranteesinrespectofanydigitalasset,product,orpromotiononHuobiGlobal.Pricesofdigitalassetsarehighlyvolatileandtradingdigitalassetsinvolvesrisk.PleasereadourRiskRemindertexthere.
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