Dear Hoo users,
Hoo has upgraded its OTC withdrawal policy to "T+1" mode. Users who bought digital assets via OTC will not be able to withdraw the assets in 24 hours. The limilation will expire when time is due and the assets will be available to be withdrawed again. The internal transder and trading features will not be affected during the locking period.
Why "T+1"?
- 24h buffering to illegal funds
- Preventing the black money from entering the platform
- Reducing the risk of assets frozen to ensure a safer trade environment
Hoo Team
Nov. 13, 2019