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Huobi HTX C2C launches special rectification for illegal merchants: 0 freezing guarantees and then upgrading

On August 25, according to an official announcement, in order to further maintain a good C2C trading environment, Huobi HTX has now launched a "special action to crack down on illegal merchants", firmly zero-tolerance for behaviors that disrupt market order and infringe on user rights and interests, allowing users to deposit and withdraw money. It is safer and without worries. Since its launch, the Huobi HTX C2C selection station has been widely praised for its "0 freeze +100% full payment" dual insurance mechanism. The focus of this special rectification includes: non-real-name payments, malicious middleman behavior, judicial freezes due to business reasons, low-cost advertising leading to high-priced transactions, and illegal soliciting of people. Once verified, the offending merchants will be directly cleared, the margin will be frozen, and the account transaction function will be permanently restricted in serious cases. This action is promoted in three stages: the first stage (from now to August 29), focusing on centralized investigation and restriction of illegal accounts; the second stage (August 29 to September 10), publishing typical cases and upgrading risk control models; and the long-term stage (after September 10), the platform will regularly issue trading environment reports to accept user supervision. It is worth mentioning that the HTX C2C "0 freeze" mechanism continues to take effect. If the user is frozen judicially due to merchant violation, the platform will fully cover the bottom and completely eliminate transaction concerns. HTX said that it will build a safer, transparent and assured C2C trading ecosystem based on the principle of "zero tolerance, full coverage and deep traceability".

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