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OBI:Huobi Global''s Supplementary Notice on Supporting the Upcoming Ethereum Merge_Huobi

作者:

时间:

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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