Huobi Global Will Support Channels (CAN) Token Swap

 Latest News    |      2021-09-01

Dear Valued Users,

Huobi Global will support the token swap for Channels (CAN) with the upcoming arrangements:

  • Suspend deposits & withdrawals for CAN at 02:00 am on Sept. 2 (UTC).
  • Disable all CAN spot trading pairs and cancel all pending orders (CAN/USDT, CAN/BTC, CAN/ETH) at 03:00 am on Sept. 2 (UTC);
  • The system will take a snapshot of user holdings in CAN once the orders are canceled then convert their holdings to new CAN tokens at a ratio of 1:200;
  • The resumption of deposits, withdrawals, and trading of CAN will be released in the following announcement; please stay tuned.

Please deposit your CAN holdings to Huobi Global before 02:00 am on Sept. 2 (UTC) if you wish to exchange new tokens, and we will handle all matters for you.

Please Note:

  • Please cancel all pending orders of CAN before the system does; the system will automatically cancel them at the specified time and send the assets involved to your Exchange account;
  • The system will suspend the display of CAN’s price once the trading is disabled, so the token will be excluded from users’ total balances calculation, and your actual holdings will not be affected.

Huobi Global

Sept. 1, 2021

 

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Huobi Global 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 Huobi Global makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi Global. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Reminder text here.