Prime Trading Guide for NEW

One. Four Steps for Prime Trading

Step One: Before April 16, confirm your eligibility to participate in Prime Trading (Threshold to participate in Prime is set to be: daily average holding of 500 HT during 30 days(March 17,00:00:00 to April 15,23:59:59) before Prime Trading)

Step Two: Before April 16 20:00, open up HT market page (Prime countdown will show up) and wait for Prime Trading start;

Step Three: After Prime Trading starts, during first and second price limit rounds, like usual market order trade, type in desired trading amount (not succeeding individual cap), click “Buy NEW”, orders will be placed after slide authentication, and the system will match orders on a first come first serve basis;

Step Four: During the third price limit round, price will be set at the highest tradable price of that round at default, and like usual limit order trade, type in desired trading amount (not succeeding individual cap), click “Buy NEW”, orders will be placed after slide authentication, and after 5-minute trading time ends, the system will match all buy and sells at the highest buy price.

Tips：

1 Prime Trading is divided into three rounds, in each round, large sale orders will be released, please place buy orders as quickly as possible when Prime starts;

2 Slide authentication system might experience delays due to network issues, please wait patiently;

3 During Prime Trading stage, users can place sell orders, however individual cap will not recover if orders successfully execute;

4 Trading Protection: In order to avoid extreme price volatility due to exuberance, we will restrict the use of market orders within 5 mins after official trading opens at 21:15, and users are unable to place orders at prices 5 times higher than the highest tradable price during our third price limit round.

5 If market orders during the first two price limit rounds aren’t successfully executed, then no sale orders may exist on the market, please wait for the next round or till the token is officially listed.

Two. Explanation and illustration

1 Preparation stage

15-20 minutes before Prime Trading starts, open up Huobi Global website;

1）Log onto your Huobi account 10 minutes ahead of time;

2）From below 3 entrants, access Prime Trading page:

• First, open up website, click Huobi Prime Ad on top;
• Second, click Huobi Prime Ad in banner;
• Third, on exchange page, click recommend slot in upper left corner;

 

3）Before Prime Trading start，there will be a clock countdown；

Available for check: project introduction, Prime rule and individual cap;

  

4）In Huobi Token Holding Calendar，users can access their own individual cap and HT holdings information;

When minimum participating threshold is not yet reached, users can enroll by acquiring more HT. Click “Buy HT” and enter HT trading page.

Eligibility: Threshold to participate in Prime is set to be: daily average holding of 500 HT during 30 days before Prime Trading, and Individual cap is proportional to average daily HT holdings over 30 days period before launch date.

 

 

5）After countdown ends, Prime Trading officially starts;

2. Prime Trading Stage

During Prime Trading Stage, users can trade NEW in HT market on Huobi Global through market orders; there are three rounds of trading, each round having 5 minutes, with a 5 minutes interval. The first two rounds will still be completed on a first-come-first-serve basis through market orders, and the third round will be system matching.

First and Second Price Limit Round:

1）After clicking “Buy NEW” on trading page, a slide authentication will show up, drag the slide to the right to pass the verification, after which orders can be placed, and the system will match orders on a first come first serve basis.

2）If orders successfully execute, click “Balance”, you will see the amount of tokens acquired.

3）In each Prime Trading round, when 5 minutes is reached, or total tokens available for trading is sold out, Prime Trading is complete.

Third Price Limit Round:

1）The third round will be completed through system matching, users with unused individual cap can place limit buy orders;

2）Like usual limit order trade, price will be set at the highest tradable price of that round at default, type in desired trading amount (not succeeding individual cap), click “Buy NEW”, orders will be placed after slide authentication;

3）After 5-minute trading time ends, the system will match all buy and sells at the highest buy price.

Three Prime Trading rounds end：

Token will be listed on exchange officially and can be traded as usual.

Trading Protection: In order to avoid extreme price volatility due to exuberance, we will restrict the use of market orders within 5 mins after official trading opens, and users are unable to place orders at prices 5 times higher than the highest tradable price during our Third Price Limit Round.