Introducing '24-hour virtual asset withdrawal system' to prevent financial accidents

Dear users,

Huobi Korea has now newly applied '24-hour virtual asset withdrawal system' to prevent financial accidents.

Application time early January 2021 

Application criteria
-Target: Level 4 (U4) Certified Members

Level 4 withdrawal policy

-In the case of KRW deposits within 24 hours will be applied 24-hour withdrawal delay for that amount of virtual assets.

Example of application
- In the situation where the existing balance is zero, 1 million KRW  is deposited within 24 hours,
unable to withdraw if a virtual asset of the amount is requested for withdrawal.

- If an additional 1 million won is deposited at a time when the existing balance(which was deposited 24 hours earlier) is 1 million won, virtual assets worth 1 million won, which corresponds to the existing balance, can be withdrawn within 24 hours from additional deposits.

Risk Reminder

- For Level 3 Certified Members, the 120-hour virtual assets withdrawal limit is unchanged when deposited in Korean won.

We will do our best to prevent criminal damages and cope with inquiries of members immediately. 

Sincerely apologize for the inconvenience caused by withdrawal delay system.

Thanks for your support!

Huobi Korea

December 31st, 2020