Dear HTX Users,

To enhance your trading experience, HTX Margin will introduce the insurance fund and start collecting liquidation fees as the source of the fund on April 1, 2024. Additionally, on May 6, 2024, we will officially launch the insurance fund compensation mechanism to automatically compensate users for their negative equity due to liquidation losses.

Please note that the insurance fund is exclusively allocated to compensate margin users' negative equity caused by liquidation. This ensures a smooth continuation of trading for users with negative equity after liquidation.

Happy trading with HTX!

HTX Team

March 26, 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.