Huobi HTX strikes again, launching the "Second Phase of Special Action Against Violating Merchants": safeguarding trading security and creating a "0 Freeze" trust ecosystem

In the current environment of intensified competition and stricter regulations in the cryptocurrency asset industry, security and trust have become the foundation for platforms. Huobi HTX has recently officially launched the "Second Phase of Special Action Against Violating Merchants," aiming for higher standards, stronger risk control, and stricter enforcement to comprehensively rectify the illegal trading behaviors on the C2C selection platform, especially focusing on high-risk violations such as "non-real-name payments," continuously creating a trading ecosystem of "0 freezes, 0 risks, and 100% security."

Since the launch of the C2C selection platform, Huobi HTX has won the trust of a large number of users with innovative systems such as "100% full compensation" and "new customer friendly mechanism." The upgrade of this special action not only reflects the platform's continuous strengthening of risk control capabilities but also represents its solemn commitment to user asset security and a fair trading environment.

Second Phase of Special Action: Targeting the Source of Violations, Improving the Trust System of Selection

Since its launch, the Huobi selection platform has become the preferred C2C channel for users due to its selected merchants, quick transactions, and high security standards. However, as the trading scale expanded, some merchants were found to be making payments through non-real-name accounts, attempting to evade real-name requirements. Such behavior not only touches the platform's bottom line but also threatens the trading safety of users.

In response, Huobi HTX has launched the "Second Phase of Special Action," clearly establishing a "zero tolerance" penalty mechanism:

• First violation: Restrict the merchant's buying function for 3 days, prohibit the addition of new trading orders, and require the submission of a rectification report;
• Subsequent violations: Cancel selection qualifications and terminate all trading permissions.

During this inspection, the platform found that only one user, after conducting multiple normal transactions with the merchant, received a non-real-name payment from the merchant. To protect user rights, Huobi HTX has contacted the user immediately, explaining the potential risks in detail and providing safety guidance to ensure the account remains unaffected. In the future, once similar situations are detected, the platform will proactively contact users via phone or email and maintain open communication channels.

Unlike previous actions, this time the initiative is not just a simple upgrade of "investigation and punishment," but a comprehensive closure of risk loopholes through the collaborative governance of systems, technology, and risk control models. Huobi HTX hopes to set a higher benchmark for risk control, with its "zero tolerance attitude" in maintaining safe transactions, allowing the term "selection" to truly represent "trustworthy and sustainable."

Risk Control System Upgrade: AI Recognition + Manual Review, Building an Intelligent Safety Defense Line

Compared to the first phase of the special action, this "Second Phase of Special Action" has achieved a comprehensive upgrade in the risk control system. Huobi HTX relies on intelligent risk control models, combining AI algorithm modeling and big data tracking to automatically identify abnormal trading behaviors and issue risk control alerts in real time; at the same time, the platform has introduced a more rigorous manual review mechanism, where a professional risk control team examines suspicious merchants and trading behaviors one by one, ensuring that every transaction can withstand tracing and verification, achieving precise interception, no misjudgment, and no omissions.

This "technology + system" dual-track driven security framework places Huobi HTX at the forefront of risk control governance in the industry—moving from "post-event punishment" to "prevention," and from "passive governance" to "active governance." Additionally, the platform will focus on monitoring the payment methods and capital flows of advertising accounts, cracking down on behaviors that use others' accounts, family accounts, or small accounts under one's name for trading, ensuring that the source of funds and real-name information match for every C2C transaction, promoting C2C trading to return to the "source of trust."

User-Centric: Launching Special Reward Programs to Encourage Co-Building a Safe Ecosystem

It is noteworthy that this special action is not a one-way "crackdown," but a collective effort for safety involving everyone. Huobi HTX has simultaneously launched the "User Reporting Reward Program," encouraging users to actively refuse non-real-name payments during transactions and to report violations to the platform. Users who successfully report and have their reports verified will receive rewards in the form of Huobi HTX branded merchandise.

From being protected to becoming active participants in safety, the reward mechanism incentivizes users to jointly maintain a fair trading environment. Huobi HTX is building an open ecosystem centered on "user co-governance and safety co-construction." "Safety" is no longer just the platform's responsibility but becomes a shared endeavor that users can participate in, contribute to, and supervise. This allows every user to become a part of the platform's safety system, creating a more transparent, fair, and trustworthy C2C trading environment.

Building Trust through Compliance, Promoting Growth through Trust: Setting a New Industry Benchmark for the Selection Platform

In a market full of uncertainties, the competition among trading platforms has shifted from "traffic competition" to "trust competition." Since the launch of the selection platform, Huobi HTX's C2C business has maintained a high reputation in the industry due to its strict merchant admission mechanism, quick fund arrival experience, and comprehensive risk control system.

This "Second Phase of Special Action" continues to fulfill the long-term commitment of "safety, transparency, and efficiency" with stricter regulatory enforcement, a more intelligent risk control system, and a more open user co-construction mechanism, building a C2C trading ecosystem that is "safe and transparent, standardized and efficient, and user-centric." Every transaction is conducted in the sunlight, making trust the core value of the selection platform. In the future, Huobi HTX will continue to interpret responsibility through actions, ensure safety through systems, and lead C2C trading into a new era of greater transparency and stability.

About Huobi HTX

Founded in 2013, Huobi HTX has developed over 12 years from a cryptocurrency exchange into a comprehensive blockchain business ecosystem, covering digital asset trading, financial derivatives, research, investment, incubation, and other businesses.

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

For more information about Huobi HTX, please visit https://www.htx.com/ or HTX Square, and follow X, Telegram, and Discord. For further inquiries, please contact [email protected].