The Huobi HTX C2C special action has been fully launched to crack down on illegal merchants.

On August 25, Huobi HTX officially launched the C2C selection station "Special Action Against Illegal Merchants." It is noteworthy that since the launch of the selection station five months ago, Huobi HTX has achieved a record of "0 freezes" in user account judicial freeze incidents under the protection of the "0 freeze + 100% full compensation" dual insurance mechanism, becoming a rare safety achievement in the industry. The introduction of this special action aims to further increase restrictions on illegal merchants, comprehensively upgrade the risk control system, and safeguard the core interests of users.

5 months, 0 frozen, 100% security protection: C2C safety benchmark

In the past five months, the Huobi HTX C2C selection site has made users' deposit and withdrawal experience unprecedentedly safe and efficient, thanks to its strict merchant access mechanism, 24/7 risk control system, and 100% compensation commitment. Users do not need to worry about judicial freezes due to merchant violations, as Huobi HTX fulfills its promises with actual results.

However, there are still some merchants in the market attempting to violate regulations, such as making non-real-name payments, malicious traffic diversion, and low-price order arbitrage. In order to ensure the long-term stability and security of C2C transactions, Huobi HTX has chosen to take proactive measures and launch a "Special Crackdown on Violating Merchants".

Zero tolerance for violations, immediate dismissal for violations.

Huobi HTX C2C risk control adheres to the principles of "zero tolerance, full coverage, and deep traceability," conducting real-time risk monitoring and providing 24/7 security protection through intelligent identification technology, fully ensuring the safety of user funds. This special action clearly targets the following violations:

• Non-real-name payment: Regardless of individual or corporate account, once verified, immediate refund will be made, margin will be frozen, and account functions will be permanently restricted; intermediaries' "funds not being transferred" directly constitute severe violations, and the margin freeze period can last up to 180 days.
• Judicial freeze risk: If the user's account is frozen due to merchant issues, it will directly trigger the withdrawal mechanism.
• Malicious advertising and traffic diversion: behaviors such as low-priced orders diverting traffic to high-priced transactions and illegal referrals to external platforms will all be included in key rectification.
• Other violations: Severe penalties will be imposed for failing to fulfill management obligations as required, refusing to cooperate with platform investigations, maliciously evading debts, etc.

Huobi HTX once again reiterates that it maintains a "zero tolerance" attitude towards any actions that jeopardize the safety of user funds. Once verified, violators will face the ultimate punishment of immediate permanent ban, full deduction of margin, and being placed on the industry blacklist.

Special Action Phase Three, Risk Control System Comprehensive Evolution

This action adheres to the principles of "comprehensive inspection, precise strikes, and long-term prevention and control" and will be implemented in phases: From now until August 29 is the first phase, focusing on the inspection and handling of violation accounts; from August 29 to September 10 is the second phase, where typical cases will be published, and risk control models will be optimized, along with the introduction of a merchant credit scoring system; after September 10, it will enter a long-term phase, regularly releasing transaction environment reports, continuously upgrading risk control strategies, and actively accepting user supervision.

At the same time, the platform's risk control system will be upgraded across the entire chain:

• Around-the-clock inspection system: AI + expert dual interaction, 7×24 hours inspection, real-time monitoring with no blind spots, millisecond-level risk interception;
• Big Data Warning Model: Automatically scans over 20 multidimensional behavioral data points daily to identify potential risks in advance;
• End-of-Period Dynamic Exit: Strictly implement the "Monthly Elite Merchant" assessment system, and merchants who do not meet the standards will face regular elimination and exit;
• Deep source tracing crackdown: Any incident of user card freezing will trigger a level one source tracing response, locking down the risk source, and immediately updating risk control rules to achieve precise control of "one incident occurs, one type is eliminated";
• Extremely strict access and review mechanisms: While significantly raising the merchant certification threshold, strict quarterly regular reviews are conducted on operating merchants to ensure that the scarce merchant positions belong to the most reliable and professional partners;
• Risk Control Academy continues to empower: Monthly special training sessions are held for the "Risk Control Academy", promoting the formation of an industry atmosphere where "dare not violate, cannot violate, do not want to violate".

Gate.io HTX emphasizes that the "0 freeze + 100% full compensation" dual insurance mechanism will continue to be implemented. If users experience judicial freezing due to merchant violations, the platform will fully cover the losses, ensuring that user funds are not affected. Users also need not worry about any frozen card risks, as the platform's protection mechanism is always behind to safeguard them. Since the launch of the selection station 5 months ago, Huobi HTX has proven the reliability of its risk control and mechanisms with a "0 freeze" record. Now, it has been upgraded again, launching a "special action against violating merchants", reaffirming the platform's commitment to user safety. In the future, Huobi HTX will continue to hold merchants to high industry standards, protecting user funds with strict risk control, and working together with users to build a transparent, fair, and secure C2C trading environment.

About Huobi****HTX

HTX was established in 2013. After 12 years of development, it has evolved from a cryptocurrency exchange into a comprehensive blockchain business ecosystem, covering digital asset trading, financial derivatives, research, investment, incubation, and other businesses.

As a leading global Web3 portal, Huobi HTX adheres to a development strategy of global expansion, ecological prosperity, wealth effect, and security compliance, providing comprehensive, safe, and reliable value and services for virtual currency enthusiasts worldwide.

For more information about Huobi HTX, please visit Square and follow us on X, Telegram, and Discord. If you have further questions, please contact glo-media@htx-inc.com.