THE:Cessation of all Point Card Functionalities for Singapore-based Accounts

DearValuedUsers,

FollowingHuobiGlobal’s(“Huobi”)announcementofthe?retirementofSingapore-basedusers,HuobihassinceceasedthereceivingfunctionalityofpointcardsheldbySingapore-basedusers.?Furthertothis,Huobiwillbeceasingallfunctionalitiesofthesepointcardsat?08:00(UTC)onApr14,2022andrepurchasingthemfromusers.HuobiwilltakeascreenshotofallSingapore-basedusers’pointcardsat?16:00(UTC)onApr14,2022?(the“Screenshot”)andbasedontheScreenshot,userswillreceiveUSDTfortherepurchaseoftheirpointcardsintheirparentexchangeaccount.Detailsareasfollow:

ForpointcardsthatwerepurchaseddirectlyfromHuobi,HuobiwillverifythepurchaserecordsandrepurchasethepointcardsaccordingtotheoriginalpurchasepricesinUSDT.Forpointcardsthatusersreceivedfromotheraccounts,Huobiwillrepurchasethepointcardsatmarketprice(witha30%discount)inUSDT.Fortime-limitedpointcards(whichcannotbetransferred)thatuserspurchaseddirectlyfromHuobi,HuobiwillverifythepurchaserecordsandrepurchasethepointcardsaccordingtotheoriginalpurchasepriceinUSDT.Fortime-limitedpointcards(whichcannotbetransferred)thatusersearnedfromHuobiactivitiesandcampaigns,Huobiwillrepurchasethepointcardsatmarketprice(witha30%discount)inUSDT.?

Whendeterminingtheoriginalpurchasepriceofthepointcards,Huobideemsthatpointcardswiththelower/lowestoriginalpurchasepricewereusedfirst.

Example:

UserApurchased10pointcardsat1USDTeachonJan2022.UserAthenpurchased10pointcardsat1.5USDTeachonFeb2022.At16:00(UTC)onApr14,2022,UserAhad10pointcardsremaining.HuobiwilldeemtheoriginalpurchasepriceofUserA’sremaining10pointcardstobe1.5USDTeach.

Usersfromotherunrestrictedcountriesorregionswillnotbeaffected.

Pleasehandleyourdigitalassetswithcareandkeepthemsafe.KindlynotethatanyinformationreceivedviaphonecallsortextmessagestoprovideguidanceonhowtowithdrawyourdigitalassetsfromHuobiarenotgenuineandarelikelytobeascam.Donotclickonanylinksjtqocontainedinanyunfamiliartextmessagesoremails,anddonotprovideyouraccountinformation,SMSverificationcodesandotherimportantinformationtothirdparties.

Thankyouforyoursupport!

HuobiGlobal

April1,2022

TradeonthegowithHuobiGlobalApp(iOS/Android)

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HuobiGlobalreservestherightinitssolediscretiontoamendorchangeorcancelthisannouncementatanytimeandforanyreasonswithoutpriornotice.TheaboveisforinformationpurposesonlyandHuobiGlobalmakesnorecommendationsorguaranteesinrespectofanydigitalasset,product,orpromotiononHuobiGlobal.Pricesofdigitalassetsarehighlyvolatileandtradingdigitalassetsinvolvesrisk.Pleasereadour?RiskReminder?texthere.

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