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HTX to Resume Limited Deposit Services Today and Launch a Site-Wide Airdrop Event

HTX, formerly known as Huobi Global, has officially declared the gradual reinstatement of deposit services for major chains on its platform, commencing today. This development comes with an accompanying airdrop event, a gesture of appreciation towards its user base.

As outlined in the announcement, HTX has successfully completed the essential preparations for reinstating deposit services. After rigorous security assessments, the exchange is poised to accept deposits for TRON, BTC, and ETH chains.

HTX emphasized its commitment to user asset security by initiating a comprehensive review in collaboration with a third-party security firm. The phased reopening of deposits for TRON, BTC, and ETH chains on the platform is scheduled to commence on November 24, 2023, at 08:00 (UTC).

In addition to the mentioned chains, other services are expected to follow suit in resumption. HTX assures users that the restoration of withdrawal services will be executed in an organized manner, with further details to be communicated through subsequent announcements.

As of the time of this writing, the resumption process is set to initiate.

HTX Announces Airdrop to Thank Users

Furthermore, HTX is commemorating the resumption of its services by organizing an airdrop event for all users, expressing gratitude for their unwavering support. The event’s specifics are set to be disclosed in early December, featuring rewards derived from a premium asset soon to be listed on the platform.

In an official statement, HTX conveyed its appreciation, stating, “To express our gratitude for your ongoing support and trust, we have specially planned an extraordinary token airdrop event to reward all our users.” The comprehensive details of this event are slated for release in early December, prompting users to stay tuned for updates.

On November 22, HTX fell victim to a cyberattack resulting in a $13.6 million exploit. In response, the exchange pledged to “fully compensate for the losses caused by this attack and 100% guarantee the safety of user funds,” as articulated in a statement issued post-incident.

Having rebranded itself as HTX in September, with “H” representing Huobi, “T” signifying its dedication to TRON, and “X” denoting the exchange, the platform remains steadfast in its commitment to user security and recovery.

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Cryptocurrency is essentially virtual money that operates in a decentralized manner, not through a bank but directly on multiple independent computers.

Every cryptocurrency has two main components: the units of digital exchange called “coins” and the network within which the exchange takes place. These units can be transferred between wallets and exchanged on exchanges. The networks in which these coins exist are called blockchains, which translates to “chains of blocks.”

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