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- In the latest announcement, Huobi Global shared that it will delist seven privacy tokens.
- These privacy tokens are: DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN.
- Huobi Global terminated the trading service of these privacy tokens on September 6, 2022.
Delisting of Privacy Tokens by Huobi Global
One of the largest Chinese Cryptocurrency Exchange, Huobi Global recently made an announcement on September 12, 2022. In which the crypto exchange added that, “Huobi Global strictly complies with the compliance policies of every country and region and always endeavors to safeguard our users’ assets.”
The firm also added that in compliance with the latest financial regulations and in accordance with Article 17(16) of the Huobi Global Token Management Rules, Huobi Global has terminated the trading service of these privacy tokens: DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN on Sept 6, 2022. And the delisting of these tokens is scheduled to start at 08:00 (UTC), Sept 19, 2022.
Important Notes Mentioned by Huobi Global
- As stated by the Huobi Global, the deposit service for DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN stopped at 08:00 (UTC), September 12, 2022, while the withdrawal service continues to operate.
- The firm also requested to cancel any open order for DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN in a timely manner.
- It notified that any open orders as of the delisting time will be canceled by the platform. And the relevant assets in the canceled orders will be credited to user spot accounts.
- Later on the delisting, if the user disables the “hide small balances” button, relevant tokens will appear in user Asset >> Spot Account.
- However, Huobi Global has already ended trading services for the privacy tokens of DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN in futures, margin, ETP, OTC, and Trading Bot.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
