Huobi to Update Adjustment Factor of Cross Margin Trading for FTM, AXS and COMP

Dear Huobi Users,

Huobi will be updating the adjustment factor of cross margin trading for FTM, AXS, and COMP at 02:00 (UTC) on November 28, 2022.

Adjustment details are as listed below:

Symbol	Before Adjustment	After Adjustment
FTM	0.85	0.7
AXS	0.8	0.7
COMP	0.8	0.7

Risk Reminder:

The margin adjustment factor refers to the coefficient that is applied to the market value of the collateral token when calculating the valid margin amount. Tokens need to be multiplied by this factor when they are used as collateral. Please note that the valid margin amount will be reduced after this adjustment.

Huobi

November 25, 2022

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