Huobi to Support the Terra (LUNA) Network Upgrade

Dear Huobi Users,

Huobi will support the LUNA Network Upgrade with the following plan:

Huobi will suspend the deposit and withdrawal services for LUNA at 12:00:00 (UTC) on July 18, 2023.

You may deposit LUNA in advance. We will handle all technical requirements involved for all users holding LUNA in their Huobi accounts.

Please note:

● The LUNA Network Upgrade will take place at 13:00:00 (UTC) on July 18, 2023.

● The trading of LUNA will not be affected during the network upgrade .

● The network upgrade will not result in creation of new tokens.

● Huobi will resume deposit and withdrawal for LUNA once we deem the upgraded network to be stable, which will not be further announced.

For more information on the network upgrade, please refer to the following:

• Terra v2.4.1 Release
• Phoenix Software Upgrade Proposal
• Phoenix Software Upgrade v2.4 Proposal Voting

Huobi

July 17, 2023

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Huobi reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on Huobi. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.