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      Supplementary Explanation Regarding Migration of HT Token Benefits

      HTX's logo HTX

      Dear HTX Users,

      HTX will be listing HTX DAO ($HTX) and supporting conversion from $HT to $HTX. Additionally, the benefits of the HT token will be migrated to the HTX token on February 2, 2024, at 06:00:00 (UTC). For more details, please refer to this link: https://www.htx.com/support/en-us/detail/104958763476521

      In addition to the migrating schedules mentioned, the following supplementary information is provided:

      HTX will cease $HT spot trading on January 22, 2024, at 05:00:00 (UTC). Simultaneously, benefits of holding $HT, such as deduction of trading fees, margin loan interest, DMBT minting fees with discounts, converting small balances to HT, etc., will be discontinued.

      For users holding $HT, your Rockets between January 21, 2024, at 16:00:00 (UTC) and February 1, 2024, at 16:00:00 (UTC) will be calculated by the formula of the USDT value of $HT assets (calculated at the closing price when $HT spot trading is ceased) * 3.

      For users holding $HT, your Prime membership level-up between January 21, 2024, at 16:00:00 (UTC) and February 1, 2024, at 16:00:00 (UTC) will subject to the USDT value of $HT assets (calculated at the closing price when $HT spot trading is ceased) * 1.5.

      Starting from February 2, 2024, 16:00:00 (UTC), the value of $HT assets will no longer be included in the calculation of Rockets and Prime member level-up.

      From February 2, 2024, 16:00:00 (UTC), holding $HTX (HTX DAO) assets will get your Rockets boosted, specifically with the USDT value of $HTX holdings multiplied by 3. Moreover, when calculating your assets of the previous day for Prime membership level-up, the USDT value of your $HTX assets at the closing price of a day multiplied by 1.5 will be counted.

      Thank you for your continuous support!

      HTX Team

      January 22, 2024

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      Find us on

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      https://x.com/htx_global

      https://twitter.com/htxfutures

      Facebook: https://www.facebook.com/htxglobalofficial/ 

      Instagram: https://www.instagram.com/htxglobalofficial/ 

      Reddit: https://www.reddit.com/r/HuobiGlobal/

      Medium: https://htxofficial.medium.com/ 

      Telegram:

      https://t.me/htxglobalofficial

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      https://t.me/HTXFutures_en

      Discord:

      https://discord.gg/htx-global

      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.

      Read the original article at huobipro

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