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      HTX to Support MC (Merit Circle) Rebrand to BEAM (BEAM)

      HTX's logo HTX

      Dear HTX Users,

      HTX will be supporting the rebranding of MCto BEAM with the following arrangements:

      • Suspend the withdrawals and deposits of token MC at at 01:00 (UTC) on Nov. 14, 2023 .

      • Disabling of all MCspot trading pairs and cancellation of all pending MCorders (MC/USDT) will take place at 01:00 (UTC) on Nov. 14, 2023.

      • Snapshots of users' positions will be taken at 16:00 (UTC) on Nov. 14, 2023, after all orders are canceled. Users' MC will be converted to BEAM on a 1:100 basis.

      • Resumption of deposits, withdrawals, and trading of BEAM will be subsequently announced, please stay tuned.

      Please Note:

      1. The system will cancel MCorders at the specified time and return the assets involved to your Spot account automatically, please cancel all pending orders before 01:00 (UTC) on Nov. 14, 2023 to avoid any risks.

      2. The system will suspend the display of MCprice once trading has been disabled. MCwill be excluded from the calculation of users' total balance, and your actual holdings will not be affected.

      3. 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.

      4. Anything contained in any of HTX 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. HTX makes no representations or guarantees in respect of any Promotion or any activity on HTX conducted by users as a Promotion is carried out at their own risk. HTX shall not be liable for any losses users may incur from such activities.

      HTX

      November.13, 2023

      Trade on the go with HTX App (iOS/Android)

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      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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