From PHX (Red Pulse Phoenix) to PHB (Phoenix Global)

Huobi Global will support the PHX (Red Pulse Phoenix) brand upgrade and replacement operation, and replace the old token PHX with the new token PHB (Phoenix Global).

The specific arrangements are as follows:

The deposit and withdrawal services of PHX will be closed at 10:00 (GMT+8) on September 26th.

At 11:00 (GMT+8) on September 26, all PHX spot trading pairs will be closed, and all PHX pending orders (PHX/BTC) will be cancelled.

After the trading pair is closed, a snapshot of the user’s PHX holdings will be taken at 00:00 (GMT+8) on September 27, and the system will subsequently replace the PHX held by the user with PHB at the ratio of [100 PHX=1 PHB].

The opening hours of deposit, withdrawal and trading services of PHB will be announced in an announcement, so stay tuned.

Users who hold PHX assets must cancel the order before the transaction is closed. The system will automatically cancel the order at the specified time and return the relevant assets to the Huobi account.

After closing the transaction, because the real-time price of PHX cannot be obtained through the market terminal, the PHX valuation will no longer be displayed (the total assets of Huobi account do not include PHX), and your actual assets will not be affected.

Go to Huobi’s Official Website