Will the huobi management fee be deducted after it is deducted?

The Huobi management fee will not be deducted after it is deducted. This is a one-time fee. Specific instructions: 1. Calculated on a daily basis, the daily rate is 0.0005%; 2. Deducted from the spot account; 3. Deducted at 0:00 every night (UTC+8); 4. Deducted in proportion, regardless of the size of the asset; 5. Such as spot If the account balance is insufficient, it will be deducted from the total value in proportion; 6. There is no management fee for contract accounts.

Will the Huobi management fee continue to be deducted after it is deducted?

Answer: No

Huobi’s management fee is a one-time deduction, and no further deductions will be made after the deduction.

Detailed explanation:

Huobi management fee is the fee required to manage and maintain the platform. It is deducted from the user’s digital assets at a certain rate. After deduction, the management fee will no longer be deducted from the user's assets unless the user recharges the assets.

The following are the specific instructions for Huobi management fee deduction:

• The management fee is calculated on a daily basis, and the daily rate is 0.0005%.
• The management fee is deducted from the user’s spot account.
• Management fee is deducted at 0:00 (UTC+8) every night.
• Management fees are deducted on a proportional basis. Even if users hold small amounts of assets, they still need to pay a small amount of management fees.

Note:

• If there are not enough assets in the user’s spot account to pay the management fee, the management fee will be deducted proportionally from the total value of the user’s assets.
• Huobi does not charge management fees for futures accounts.
• Huobi may adjust the management fee rate or deduction method under special circumstances. When this happens, Huobi will notify users in advance.

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