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Announcement on the Management and Penalty of ZB OTC Transaction

ZB.com

Related type: Others

2022-03-09 22:42

  Dear ZB users:

  In order to provide you with more secure, stable and effective OTC services, ZB will notify the OTC transaction management and penalty as follows:

  I. Violations of OTC transactions

  1. Bargaining behavior during OTC transactions.

  2. Threats and intimidation during OTC transactions.

  3. Those who have high-frequency withdrawals before and after OTC transactions.

  4. Those who cause any party's trading account to be abnormal or frozen after the OTC transaction.

  II. Penalties for OTC transactions

  1. OTC transaction occurs when any of the OTC transaction violations, after verification will directly restrict the account OTC transaction function to prohibit the withdrawal, the merchant will directly freeze the margin.

  2. If intimidation or bargaining occurs during OTC transactions, the user's loss will be fully compensated to the losing party according to the total amount of the transaction order at that time after verification. These accounts will be directly restricted from OTC transactions and prohibited from withdrawing, and these merchants will directly freeze the margin.

  The above Announcement on the Management and Penalty of ZB OTC Transaction> will take effect from the date of publication. If you have any questions, please contact the online customer service. Thank you for your support and trust in ZB.

  ZB Operation Team

  March 9, 2022

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