Huobi Korea Prime's First Launch – PayProtocol

Dear Users,
Huobi Korea will officially launch Pay Protocol through “Huobi Korea Prime” at 2019.04.22, 20:00 (GMT +9)

■ Date
1) 2019.04.22 (Mon)
2) 20:00 – 21:10 (GMT +9)

■ Personal cap per order
1) General Participants : Max 350 HT
2) Daily average 3,000 HT Holders (3days) : Max 1,000 HT

■ Holding Conditions
1) Holding Duration : 2019.04.19 (Fri) – 2019.04.22 (Mon)
2) Snapshot Time :
(1) 2019.04.20 (Sat) 01:00 (GMT +9)
(2) 2019.04.21 (Sat) 01:00 (GMT +9)
(3) 2019.04.22 (Mon) 01:00 (GMT +9)
3) Snapshot can be conducted randomly in addition to above time due to prevent abusing.

■ Rules
1) Trading will be available in HT market on Huobi Korea.
2) There are 3 rounds and trading will be available within allocated volume at each round on first come first serve basis.
3) Multiple buying is allowed with personal cap per order.
4) Multiple participation is allowed regardless of order success from previous rounds.
4) Trading will be available under “Price Limit” at each round, which sets the highest tradable price.
5) Round 1&2 will be conducted for 20 mins by dividing into 10 mins of trading and 10 mins of clearing outstanding orders.
6) Round 3 will be conducted for 30 mins by dividing into 10 mins of trading and 20 mins of clearing outstanding orders.

 Trading time and price limit during each round
1) Round 1 : 20:00:00 – 20:19:59 (GMT+9), Price limit 67.660 KRW
2) Round 2 : 20:20:00 – 20:39:59 (GMT+9, Price limit 87.958 KRW
3) Round 3 : 20:40:00 – 21:09:59 (GMT +9), Price limit 114.345 KRW
※ Price in HT will be announced on 22nd April based on HT / KRW market price

■ Listing on Huobi Korea
1) PCI/HT : 2019.04.22 (Mon) 21:20 (GMT+9)
2) PCI/KRW : 2019.04.22 (Mon) 22:30 (GMT+9)
3) Extra pair market : Further announcement will be released.
※ In case of listing on Huobi Global, extra notice will be announced.

■ Huobi Korea Prime trading volume
1) Total allocation : 13,793,500 PCI
2) Round 1 : 2,758,700 PCI (20% of total Prime allocation)
3) Round 2 : 4,138,050 PCI (30% of total Prime allocation)
4) Round 3 : 6,896,750 PCI (50% of total Prime allocation)

■ Project information
1) Project name : Pay Protocol
2) Symbol : PCI (Pay Coin)
3) Total supply : 3,941,000,000 PCI
4) In circulation : 394,100,000 PCI (10% of total supply)
※ In purpose of token economy activation and payment liquidity.
5) Pay Protocol wallet :
(1) iOS : https://itunes.apple.com/app/id1457932016?mt=8
(2) Android : https://play.google.com/store/apps/details?id=com.payprotocol.walletkr

■ PCI Token swap
PCI (Pay Coin) tokens which will be traded on Huobi Korea are ERC20 tokens. As Pay Protocol plans to move to their independent main net, ERC20 PCI tokens will be exchanged to PCI main net tokens. A further announcement will be released soon.

※ Note
1) API orders are forbidden during Huobi Korea Prime.
2) Unfilled orders will be cleared automatically after each round is completed.
3) Huobi Korea Prime participation will be only available through Huobi Korea PC Web
4) If cheating or abusing is found, Huobi Korea reserves the right to cancel relevant party’s eligibility to participate in Huobi Korea Prime.
5) Huobi Prime is only open to users from countries where digital asset trading is not forbidden.
6) Trading digital assets comes with high risks due to huge price fluctuations, please have full understanding of all the risks before trading.
7) All information in this announcement or any other relevant information shown on Huobi Korea does not constitute investment advice, Huobi does not take responsibility for any resulting direct or indirect losses.
8) Huobi Korea reserves the right of final interpretation.

Sincerely

Huobi Korea
2019.04.19