Tuesday January 19, 2021
Bitcoin (BTC) $37,464.00   Ether (ETH) $1,416.97
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas.net
No Result
View All Result
Home Crypto Exchanges

Crypto exchange Huobi introduces new cap on Investor Protection Fund

Published by CryptoNinjas.net
12/18/2019
Crypto exchange Huobi introduces new cap on Investor Protection Fund

Huobi Global, a leading bitcoin and cryptocurrency exchange company, announced today a new aggregate limit for its Investor Protection Fund.

The Fund was launched in January 2018 for the protection of Huobi users by providing upfront compensation coverage in event of unforeseen trading platform incidents.

For the year 2020, the Investor Protection Fund will be subject to a cap of 2 million Huobi Token (HT). The token is currently priced at $2.50, which would approximate a limit of around $5 million USD.

Administration of the Investor Protection Fund is subject to an annual allocation limit that is pre-determined. The Huobi team will announce the next annual allocation limit for the year 2021 before December 31st, 2020.

7
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related Posts

Huobi to enhance European user fiat gateway with BCB Group

Huobi to enhance fiat gateway for European users with BCB Group

01/18/2021

Crypto exchange Huobi adds support for RUB deposits and withdrawals

01/12/2021

Huobi launches crypto asset management platform for institutions

07/31/2020

Huobi Futures to launch bitcoin (BTC) options trading in Q3

07/13/2020
Huobi DM now provides partial liquidiation on crypto futures

Huobi DM now provides partial liquidation on crypto futures

03/18/2020
Official launch of Huobi Thailand brings localized baht-to-crypto exchange

Official launch of Huobi Thailand brings localized baht-to-crypto exchange

03/05/2020
Load More

Discussion about this post

Recent Updates

Tellor introduces new localized stable token protocol

Crypto finance provider Amber surpasses $530 million AUM

SETL completes first CBDC fund transaction on live market infrastructure

Human Protocol to launch decentralized labor pools on Solana blockchain

Japan’s Coincheck lists Enjin Coin (ENJ) after regulatory approval

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Purchase 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit

Trending Views

Billions of dollars in bitcoin becomes available to creditors of Mt.Gox bitcoin exchange

Zilliqa tokenizes rare single-malt scotch whisky casks, now available to accredited investors

Crypto payment and wallet project TenX shuts down

Fenbushi Capital launches $15M+ investment fund for Filecoin and IPFS ecosystem

Crypto exchange Poloniex launches XRP perpetual futures

  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2021 CryptoNinjas Disclosures | Privacy Policy