HTX to Initiate Loan Repayment Process for CHZ/USDT Isolated Margin Trading Pair on September 26
- Announcements
Dear HTX Users,
HTX will begin the loan repayment process for unpaid loans on the CHZ/USDT isolated margin trading pair at 07:55 (UTC) on September 26, 2024.
The affected trading pair is listed below:
Isolated Margin Trading Pair: CHZ/USDT
The schedule is as follows:
1. On September 24 at 07:55 (UTC), the margin loan service for the aforementioned isolated margin trading pair will be suspended.
2. Compulsory repayments will be triggered if users fail to repay their loans by the deadline of September 26 at 07:55 (UTC). For those who have used the aforementioned crypto as collateral, a portion or all of the collateral assets may be subject to liquidation or replacement.
Note: To protect your assets from being affected by compulsory repayments, we advise users holding positions in the aforementioned trading pair to perform manual repayments and replace the crypto used as collateral before 07:55 (UTC) on September 26, 2024.
Risk Reminder: The HTX insurance fund will not provide reimbursement for any negative equity in your account incurred during this repayment process.
We apologize for any inconvenience it may cause and appreciate your understanding. HTX remains committed to providing you with better products and services.
Thank you for your continued support!
HTX
September 23, 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.
