TechFlow news, August 25 — According to an official announcement, to further maintain a healthy C2C trading environment, HTX (formerly Huobi) has launched a "Special Campaign Against Non-Compliant Merchants," adopting a zero-tolerance policy toward behaviors that disrupt market order and infringe on user rights, ensuring safer and worry-free deposits and withdrawals for users.
Since its launch, HTX's C2C Select platform has received widespread acclaim for its dual-protection mechanism of "0 freezes + 100% full compensation." This special rectification campaign focuses on multiple issues, including non-nominee payments, malicious intermediary activities, judicial freezes caused by merchants, low-price ads leading to high-price transactions, and unauthorized user recruitment. Once verified, non-compliant merchants will be immediately removed, their deposit bonds frozen, and in severe cases, permanently restricted from trading.
The campaign will proceed in three phases: Phase one (from today until August 29) will focus on intensive screening and restricting non-compliant accounts; Phase two (August 29 to September 10) will involve releasing representative cases and upgrading risk control models; the long-term phase (after September 10) will see the platform regularly publish reports on the trading environment, open to user oversight.
Notably, HTX's C2C "0 freeze" mechanism remains fully effective—users who suffer judicial freezes due to merchant violations will receive full compensation from the platform, completely eliminating transaction concerns. HTX stated it will follow the principles of "zero tolerance, full coverage, and deep溯源" to build a safer, more transparent, and trustworthy C2C trading ecosystem.
