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/Announcement Center/Latest Posts/
Announcement on Merging the Shares of XRP3S,BTC3L,BTC3S,EOS3L Products in ETF Area
Help Center
/Announcement Center/Latest Posts/
Announcement on Merging the Shares of XRP3S,BTC3L,BTC3S,EOS3L Products in ETF Area

Announcement on Merging the Shares of XRP3S,BTC3L,BTC3S,EOS3L Products in ETF Area

Hotcoin
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Dear users,

In response to market changes and optimize the trading experience, these ETF product shares on their values will be converted by Hotcoin during 20:00-21:00 (GMT+8) on Feb.10th ,2022.
Here’s the ETF products to have merges on their shares listed below( 4 currency pairs in total):

1. XRP3S/USDT
2. BTC3L/USDT
3. BTC3S/USDT
4. EOS3L/USDT

The previous 100 XRP3S currency shares will be migrated as 1 new XRP3S share,which means, the net values of that 1 new share equals to 100 times of the origin XRP3S net values .Net value conversion operations is based on the market price by that moment .
The new names, abbreviations, currency pairs will be in consistency of those origins before they’re coverting.

Attention:

1.During the duration of merging the shares, trading of those currencies mentioned above will be suspended,other currency pairs are not affected.
2.Before the asset converting operations, users who are opening orders of the currency pairs mentioned above shall be withdrawing all of the orders in advanced, if users did not withdraw those currency pairs, system will be automatically revoked all of the orders, relevant assets will be returned to user account.
3.After the asset conversion is completed, currency pairs will have a price rise in values dramatically , which is the normal situation.
4.After the asset conversion is completed, User assets will have the normally change due to market fluctuations during the merge operation.

Thanks for your supporting to Hotcoin, we’re looking forward to your valuable suggestions.

Hotcoin
Feb.9th ,2022

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Hotcoin reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

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