On August 25th, Huobi HTX announced the official launch of its C2C selection platform, a "special campaign to combat illegal merchants." Notably, five months after the selection platform launched, Huobi HTX, protected by its dual insurance mechanism of "0 freezes + 100% full compensation," has achieved a record of zero user account freezes, a rare industry safety achievement. This special campaign aims to build on this success, further tightening regulations on illegal merchants, comprehensively upgrading risk control systems, and safeguarding the core interests of users.

5 months, 0 freezes, 100% security protection: C2C security benchmark

Over the past five months, Huobi HTX C2C Selection Station has provided users with unprecedented security and efficiency in deposits and withdrawals through its stringent merchant access mechanism, 24/7 risk control system, and 100% compensation guarantee. Users no longer need to worry about legal freezes due to merchant violations. Huobi HTX has delivered on its promise with concrete results.

However, some merchants still attempt to violate regulations in the market, such as engaging in unauthorized payments, malicious traffic diversion, and arbitrage through low-price orders. To ensure the long-term stability and security of C2C transactions, Huobi HTX has taken the initiative and launched a "Special Operation to Crack Down on Illegal Merchants."

Zero tolerance for violations, violators will be dismissed

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 to fully safeguard user funds. This special operation specifically targets the following violations:

• Non-real-name payment: Regardless of whether it is a personal or corporate account, once verified, the account will be immediately liquidated, the deposit will be frozen, and the account function will be permanently restricted; if the middleman "does not transfer funds", it will directly constitute a serious violation, and the deposit will be frozen for up to 180 days.
• Risk of judicial freezing: If a user account is frozen due to merchant problems, the liquidation mechanism will be directly triggered.
• Malicious advertising and traffic diversion: Behaviors such as placing low-price orders to divert traffic to high-price transactions and illegally pulling people to external platforms are all included in the key rectification.
• Other violations: Failure to perform management obligations as required, refusal to cooperate with platform investigations, malicious evasion of debts, etc. will result in severe penalties.

Huobi HTX once again reiterates that it has a "zero tolerance" attitude towards any behavior that compromises the security of user funds. Once verified, violators will face the ultimate punishment of immediate permanent ban, full deduction of margin, and inclusion in the industry blacklist.

The risk control system has been comprehensively evolved in the three phases of the special operation.

This action adheres to the principles of "comprehensive investigation, targeted crackdown, and long-term prevention and control" and will be implemented in stages: the first stage is from now to August 29, focusing on the investigation and disposal of illegal accounts; the second stage is from August 29 to September 10, announcing typical cases, optimizing risk control models, and launching a merchant credit point system; after September 10, it will enter the long-term stage, regularly publishing 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:

• All-weather inspection system: AI + expert dual linkage, 24/7 inspection, real-time monitoring without blind spots, and millisecond-level risk interception;
• Big data early warning model: Automatically scans over 20 multi-dimensional behavioral data items daily to identify potential risks in advance;
• Dynamic elimination of the last place: Strictly implement the "Monthly Elite Merchant" assessment system, and merchants that do not meet the standards will be eliminated and eliminated regularly;
• Deep tracing and crackdown: Any user card freezing incident will trigger a first-level tracing response, identifying the source of the risk and immediately updating risk control rules to achieve precise control of "one incident, one category eliminated";
• Extremely strict access and review mechanism: While significantly raising the merchant certification threshold, we also implement strict quarterly reviews for existing merchants to ensure that scarce merchant slots belong to the most reliable and professional partners.
• The Risk Control Academy continues to empower: special training sessions at the "Risk Control Academy" are held every month to promote an industry atmosphere where people "dare not, cannot, and do not want to violate regulations."

Huobi HTX emphasizes that its dual insurance mechanism of "0% freeze + 100% full compensation" will continue to be implemented. If a user's account is frozen due to a merchant's violation, the platform will fully cover the loss, ensuring that user funds are not affected. Users do not need to worry about any card freeze risk, as the platform's guarantee mechanism always stands behind them.

Over the past five months, Huobi HTX has demonstrated the reliability of its risk control and mechanisms with a zero freeze record. Now, with the launch of a special campaign targeting illegal merchants, Huobi HTX is reaffirming its commitment to user safety. Going forward, Huobi HTX will continue to hold merchants to the highest industry standards, safeguard user funds with stringent risk control measures, and work with users to create a transparent, fair, and secure C2C trading environment.

About Huobi HTX

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

As the world's leading Web 3 portal, Huobi HTX adheres to the development strategy of global expansion, ecological prosperity, wealth effect, and security and compliance, providing comprehensive, safe and reliable value and services to global virtual currency enthusiasts.

For more information about Huobi HTX, please visit https://www.htx.com/ or HTX Square , and follow us on X , Telegram , and Discord . For further inquiries, please contact glo-media@htx-inc.com .