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      Huobi Global to Support POLY Rebrand to POLYX

      HTX's logo HTX

      Dear Valued Users:

      Huobi Global will be supporting the rebranding of POLY to POLYX with the following actions taken:

      • Suspension of POLY deposits and withdrawals at 02:00 (UTC) on May 17, 2022.
      • Disablement of all POLY spot trading pairs and cancellation of all pending POLY orders (POLY/BTC、POLY/ETH、POLY/USDT) at 03:00 (UTC) on May 17, 2022.
      • After cancellation, users' POLY tokens will be converted to POLYX tokens on a 1:1 basis.
      • Resumption of deposits, withdrawals, and trading of POLYX will be announced subsequently, please stay tuned.

      Please Note:

      • The system will cancel POLY orders at the specified time and return the assets involved to your Exchange account automatically, please cancel all pending orders before 03:00 (UTC) on May 17, 2022 to avoid any risks.
      • The system will suspend the display of POLY price once trading has been disabled. POLY will be excluded from the calculation of users' total balance, and your actual holdings will not be affected.
      • Given the high price volatility, trading digital assets carries a high level of risk. Please assess your risk appetite and risk management strategies before trading digital assets, and make prudent, informed decisions. Please read our detailed risk reminder at https://www.huobi.com/support/en-us/detail/360000188081.
      • Anything contained in any of Huobi Global promotions, announcements, banners, or other publications (hereinafter referred to as "Promotion") is for information purposes only and should not be construed as trading advice or recommendations. Huobi Global makes no representations or guarantees in respect of any Promotion or any activity on Huobi Global conducted by users as a Promotion is carried out at their own risk. Huobi Global shall not be liable for any losses users may incur from such activities.

      Huobi Global

      May 16, 2022

      Read the original article at huobipro

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