Huobi Global Will Launch ACH and Starts “Stake HT to Gain Tokens from ACH Mining” Campaign at 20:00 on September 7th, 20

 Latest News    |      2020-09-07

Dear Users,

Huobi Global will launch ACH (Alchemy Pay) at 20:00 on 7th September. Please see details below:

  • Open ACH deposit at 17:00 on 7th September (GMT+8);
  • Open ACH trading (ACH/USDT、ACH/BTC、ACH/ETH) at 20:00 on 7th September (GMT+8);
  • Open ACH withdraw at 17:00 on 8th September (GMT+8).

Opening precaution:

Huobi Global will limit the listed price to limite order within 5 minutes after opening trading, and the price shall not be more than 5 times of the opening price, and the normal trading will resume after that.

Please click to check: ACH (Alchemy Pay) Project Introduction

Huobi Global will open ACH trading and start the “Stake HT to Gain Tokens from Mining” campaign at 20:00 (GMT+8) on 7th September, 2020. This campaign will release 100 million ACH tokens to reward users who staking HT to participate mining for this time.

How to participate?

Visit Huobi Global official website and click the banner “Stake HT to Gain Tokens from ACH Mining” to the landing page (it will be released on 20:00, 7th September, 2020).

APP: Login Huobi APP, one-click the banner with " Stake HT to Gain Tokens from ACH Mining " to participate.

Rules:

Stake Token

Staking Cycle Minimum Limit for Individuals Maximum Limit for Individuals Staking Cap In Total
HT 14 Days (Users can start to raise the request of terminating the staking on the day 5 of the event)  100 HT 5000 HT 8 Million HT

Projected Reward:

The reward will be certain amount of ACH that the token gained from mining. The amount of reward is subject to the actual HT amount in stake on that day. Daily gained ACH token: (Individual’s staked HT amount/ Total staked HT amount) * 100,000,000/14

Individual staked HT amount and total staked HT amount will be determined by snapshot at 24:00 (GMT+8) every night.

Reward Distribution:

Take the day of completing the staking as the first day (T+0), the reward will be distributed T+1.

The reward will be distributed to your exchange account after 12:00 (GMT+8) every day.

The status of the exchange account will be lock-up. The staking will be terminated automatically by the end day of the campaign.

Users can start to raise the request of terminating the staking on the day 5 of the event. The termination request needs to be submit before 12:00 on every day during the event. Users who submitted staking termination request will not be rewarded for mining of the day before. If the user submits staking termination request after 12:00 on the day, the staking will be terminated after 24:00 on that day.

Note:

1. Staked HT will count towards the computation of Prime, FastTrack HT Holding snapshots, but cannot be used for HT voting or order placement.

2. The content of the announcement and other information on Huobi Global is not a suggestion of investment advice. Huobi will not bear any direct or indirect losses arising from reliance on such information. Huobi does not assume responsibility for guarantees, compensation, etc. for trading or staking.

Huobi Global
September 7, 2020