Urgent: MATIC to be Removed as Collateral Asset for Crypto Loans

Dear HTX Users,

 

MATIC (Polygon) is undergoing a rebranding, with the old MATIC token being replaced by the new POL token. As a result, MATIC will be removed as a collateral asset for crypto loans. This change will take effect on September 4, 2024, at 04:00 (UTC).

 

Users with loan orders using MATIC as collateral are requested to return the loan assets and close the orders by September 4, 2024, at 04:00 (UTC). To ensure the successful completion of the rebranding process, HTX will initiate a forced liquidation on any unresolved orders after this deadline. Please act promptly!

 

Besides, get ready for the September Crypto Loans Promo, offering exceptionally low interest rates and discounts of up to 20% on borrowing USDT, BTC, and ETH. Be sure to take advantage of these exclusive offers!

 

Web: Borrow Now

App: Borrow Now

 

HTX

August 31, 2024

 

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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.