Dear Users,
HTX is committed to fostering the healthy development of the blockchain industry. In light of Pi Network's imminent mainnet launch, the IOU period for PI assets previously listed on HTX has expired (refer to the original trading announcement).
To better support Pi Network's mainnet transition, HTX halted PI trading and delisted the asset at 16:00 (GMT+8) on February 13, 2025. Subsequently, HTX will convert users' PI holdings to USDT at a fixed ratio of 1 PI = 61.28 USDT, based on the last traded price. Post-conversion, USDT will be credited to your spot accounts, with a follow-up announcement to confirm completion.
Once the mainnet stabilizes, HTX plans to relist PI as a mainnet asset and reopen spot trading. Stay tuned for updates.
Key Notes:
- Post-delisting, all open orders will be canceled automatically, and assets will be returned to your spot account for conversion.
- Converted USDT will reflect in your spot account.
Frequently Asked Questions (FAQ)
Q1: Why did HTX delist PI?
A1: The delisting aligns with Pi Network's mainnet migration, marking the end of the IOU phase.
Q2: How is the PI-to-USDT conversion ratio determined?
A2: The ratio (1:61.28) is based on PI’s last traded price before trading suspension.
Q3: When will mainnet PI trading resume?
A3: HTX will announce relisting plans after confirming mainnet stability.
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HTX reserves the right to modify or cancel this initiative without prior notice. Cryptocurrency investments carry risks; review our Risk Disclosure for details.
HTX Team
February 13, 2025