Huobi Global to Update Adjustment Factor of Cross Margin Trading for OMG

Dear Huobi Global Users,

Huobi Global will be updating the adjustment factor of cross margin trading for OMG at 02:00 (UTC) on September 28, 2022. The new adjustment factor will take effect from 02:00 (UTC) on September 28, 2022.

The update details are as follows:

Risk Reminder:

Margin adjustment factor refers to the factor used to convert a collateral token to its market price when calculating its margin amount. Tokens need to be multiplied by this factor when they are used as collateral. Please note that the margin amount will be reduced after the update.

Huobi Global

September 23, 2022

Huobi Global

September 23, 2022

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