Dear Valued Users,
Huobi Global will be listing NGL (Gold Fever) on our brand new token listing platform, Primelist, at 10:00 (UTC) on Nov 19.
Similar to Huobi Prime, Primelist is a new token listing platform on Huobi and expands our channels for listing high-quality tokens. With Primelist, participants stand a chance to buy new tokens at a low price and trade the newly listed token once the Primelist activity ends.
NGL (Gold Fever) Introduction >>>
Token for Sale:
| Registration Method |
Register by Queuing |
Register by Holding HT |
| Token |
NGL |
|
| Sale Period |
10:00 (UTC) on Nov 19 - 12:20 (UTC) on Nov 19 (Trading will open at 13:00 (UTC) on Nov 19, 40 minutes after the sale period ends) |
|
| Sale Volume |
1,700,000 tokens (1% of total supply) |
|
| Up to 850,000 tokens (0.5% of total supply) |
Up to 850,000 tokens (0.5% of total supply) |
|
| Queue Numbers for Eligible Buyers | 1-2,465 |
NA |
| Purchase Price | 0.145 USDT per token |
0.145 USDT per token |
| Purchase Limit | 50 USDT |
Allocation on a pro rata basis |
| Payment Method | USDT |
USDT |
How to participate:
There are two ways for users to participate in this event. Each user can only choose one method to participate and cannot change their selected method once registration is completed.
1. Register by Queuing
Eligibility:
- Sign up on Huobi Global and complete the advanced verification process before 10:00 (UTC) on Nov 19 (if you have not done so already)
- Hold at least 50 USDT in your Exchange account before 10:00 (UTC) on Nov 19.
Participation Process:
- From 10:00 (UTC) on Nov 19 to 11:00 (UTC) on Nov 19, eligible users can register to participate in this event. Their USDT balances in the Exchange account will be locked automatically once they complete registration.
- From 11:00 (UTC) on Nov 19 to 12:20 (UTC) on Nov 19, the system will randomly select 2,465 lucky users among all participants to qualify for the purchase and allocation of 50 USDT worth of NGL each. Those users will see their sequence number (1 ~ 2,465) listed on the web page.
- For the rest of the participants, their USDT tokens will be automatically unlocked and made available in their Exchange accounts.
2. Register via HT Holding
Eligibility:
- Sign up on Huobi Global and complete the advanced verification process before 10:00 (UTC) on Nov 19 (if you have not done so already)
- Have 2 day minimum average holdings of 300 HT between 16:00:00 (UTC) on Nov 16 and 15:59:59 (UTC) on Nov 18, during which you can check your HT holdings at any time on the event page. In addition,ensure you have the minimum USDT holdings required to place ordersaccording to the following table. Please note that all payments will be made in USDT.
| 2-dayaverageHTHoldings |
Max Amount for Order Placement |
Minimum USDT Holdings Required |
| 300≤x<1000 |
50 USDT |
50 USDT |
| 1,000≤x<3,000 |
100 USDT |
100 USDT |
| 3,000≤x<5,000 |
150 USDT |
150 USDT |
| 5,000≤x<10,000 |
200 USDT |
200 USDT |
| 10,000≤x<50,000 |
250 USDT |
250 USDT |
| 50,000≤x<500,000 |
750 USDT |
750 USDT |
| x≥500,000 |
2,000 USDT |
2,000 USDT |
Participation Process:
- From 10:00 (UTC) on Nov 19 to 11:00 (UTC) on Nov 19, eligible users can register to participate in this event. Their USDT balances will be locked automatically once the registration completes. From 11:00 (UTC) on Nov 19 to 12:20 (UTC) on Nov 19, the system will automatically execute purchase orders with the maximum amount of USDT they can use for the order placement (as shown in the table above) and allocate new tokens for each participant on a pro rata basis.
- After the allocation, any remaining USDT tokens will be sent to their Exchange accounts.
The number of new tokens allocated for each participant = The order amount in USDT for each participant/the order amount in USDT for all participants * The number of new tokens offered
Please Note:
- Huobi Global will open NGL deposits and spot trading (NGL/USDT) at 13:00 (UTC) on Nov 19.
- Huobi Global will open NGL withdrawals at 10:00 (UTC) on Nov 22.
- Margin trading, futures trading, and promotions for NGL with attractive rewards will go live shortly after spot trading for NGL opens. Please stay tuned!
Terms & Conditions:
- Huobi Tokens (HT) held in all Huobi Global accounts (excluding Huobi Cloud Wallet) are counted within the scope of the snapshot. The snapshot will randomly take place every 24 hours, starting from 16:00:00 (UTC) on Nov 16 to 15:59:59 (UTC) on Nov 18.
- To avoid irrational operations, the platform will restrict the use of Market Orders within the first 5 minutes after spot trading starts. The prices set in Limit Order shall not be higher than 10 times the price set in this event.
- If there are no orders on the orderbook within 90% ~ 110% of the last price, all new Market orders placed for buying/selling will be canceled automatically to prevent slippage. Please ensure that you have done sufficient risk assessments when trading newly-listed tokens, as they are often subject to high price volatility.
- Users from the following countries or regions will not be permitted to participate in this Primelist event: Mainland China, Taiwan China, Hong Kong China, Macao China, the United States of America, Canada, Japan, Cuba, Iran, North Korea, Sudan, Syria, Venezuela, Singapore, and Crimea.
- Orders using APIs will not be available during the Primelist event.
- The primelist event is not open to sub-accounts.
- Huobi reserves the right of final interpretation for all aspects of this event, and the right to disqualify any participant who shows signs of fraudulent behavior.
Huobi Global
November 15, 2021
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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.