Huobi Global Will Adjust Holding Limits of Several ETP Products (2021/07/23)

 Trading FAQs    |      2021-07-22

Dear users,

To improve your trading experience and control market risk, the holding limits (maximum holdings) will be adjusted on several ETP products (Exchange Trade Product) at 06:00 on July 23, 2021 (UTC).

Type

Maximum Holdings Before Adjustment

Maximum Holdings After Adjustment

BTC*(-3) 

7,500

5,000

ETH*(-3) 

7,500

5,000

BTC*(-1) 

15,000

7,500

ETH*(-1) 

15,000

7,500

After adjustments, if the amount to be purchased (subscribed) plus the current holding amount exceeds the maximum holding amount, the user will not be able to purchase (subscribe) more.

Additionally, the holding limits of both the parent account and the sub-account will be adjusted simultaneously.

 

Risk Reminder: 

  • There is a possibility that the NAV of ETP can become zero or the product will be removed due to inherent market risk, high fees, slippage, rebalance algorithm frontrunning, and any other perceived unknown risks associated with ETP.
  • Huobi Global will make dynamic adjustments to the maximum position limits on ETP based on its market risk.

 

Huobi Global

July 22, 2021

 

Identity Authentication Requirements:

Due to local laws and regulations, the following countries and regions are temporarily unable to trade ETP products, including Belarus, Myanmar, Congo, Cuba,MAINLAND CHINA,Hong Kong(China), Iran, Iraq, Côte d’Ivoire, Japan, Liberia, North Korea, Sudan, Syria, the United States, Zimbabwee, Canada, Venezuela

 

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Huobi Global reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice.