Announcement of delisting HUSD and converting HUSD to USDT

Dear users,

Picol has terminated the trading of USDT/HUSD and has closed the deposits and withdrawals for HUSD. Picol will take snapshots of users’ HUSD balance and HUSD will be converted to USDT assets at a 1:1 ratio. We will publish another announcement to notify users of the completion of the conversion, which is expected to occur before November 7th, 2022 (GMT+8).

Please notice:

  • Any HUSD deposits will not be credited after the termination of HUSD deposits and withdrawals.
  • Picol will delist the trading pair of USDT/HUSD at 06:00 on October 28th, 2022(UTC). The robot orders and manual orders of the corresponding trading pair will be canceled.
  • Picol has closed the deposits and withdrawals for HUSD. Picol will take snapshots of users’ HUSD balance and HUSD will be converted to USDT assets at a 1:1 ratio, based on the snapshot time at 05:20 on October 28th, 2022(UTC) (the termination time of HUSD deposits and withdrawals).

Risk warning:

Trading in the crypto market carries a substantial risk and the possibility of making both significant profits and losses. Please trade cautiously. Though Picol will make its best efforts to choose high-quality assets, Picol could not assure any profit and will not be responsible for your trading loss.

Thanks for your support!

Picol Team
Oct 28th, 2022