Dear users,
Huobi Global will launch FastTrack Phase 4 on July 24, 2019. In this phase, Huobi Global will announce 2 FastTrack project candidates each. Order of listing depends on voting results. Approximately 1 million USDT worth of project tokens (market price) will be sold (at a discount of around 50% off to voting users), whilst, an equivalent of 500,000 USDT worth of HT will be burnt.
FastTrack Phase 4 Project Details ( @ HT = 4.5 USDT)
Project Candidates for FastTrack Phase 4 (in random order)
Project Name: BHEX Token (BHT)
Distribution Token Amount: 13,065,000 BHT
Price After Discount: 1 BHT=0.01913 USDT =0.004251 HT
Project Introduction: Click here for more
Project Name: GateChain Token (GT)
Distribution Token Amount: 750,000 GT
Price After Discount: 1 GT= 0.3400 USDT = 0.075556 HT
Project Introduction: Click here for more
Target Schedule:
Deposit/Withdrawal Services for both project candidates start: 10:00:00 July 24, 2019 (GMT+8)
Voting starts: 20:00:00 – 20:59:59 July 24, 2019(GMT+8) (1 hour in total);
Token Exchange: 21:00:00 – 21:09:59 July 24, 2019 (GMT+8);
Winning Project’s Listing starts: 22:00:00 July 24, 2019(GMT+8) when free trading of USDT, BTC and HT trading pairs will launch.
Runner-up project’s Listing starts: 10:00:00 July 26, 2019(GMT+8) when free trading of USDT, BTC and HT trading pairs will launch.
Click here for FastTrack Voting Rules
Further Notice:
1. 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 Price Limit Round;
2. Huobi reserves the right to void a project’s vote count, or eliminate FastTrack voting eligibility if signs of cheating are discovered.
Risk Reminders:
1. Trading digital assets comes with high risks due to huge price fluctuations. Before trading, please have full understanding of all the risks in investing in digital assets and be prudent of your own decisions.
2. All information (including FastTrack related announcements) displayed on Huobi Global do not constitute investment advice. Huobi does not take responsibility for any resulting direct or indirect losses.
Huobi Global
July 24, 2019
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