Hotcoin Announcement on the Prohibition of Malicious Wash Trading and High-Frequency Violations

Dear Users,

Hotcoin is committed to providing a superior trading experience. With the platform’s rapid and stable user growth and the continuous improvement of our perpetual futures trading system, we have recently detected a number of accounts engaging in malicious wash trading, high-frequency trading, and unauthorized algorithmic activity.

To ensure a fair and transparent trading environment for all users, Hotcoin will take enforcement actions against accounts involved in these behaviors. This includes account suspension, as well as the revocation of any illicit profits and commission rebates earned through such activities.

Our risk control system continuously monitors trading behavior and automatically flags accounts for violating platform rules. Any account identified as engaging in malicious or manipulative trading practices will be subject to penalties without prior notice.

We appreciate your cooperation in helping to maintain a healthy and fair trading environmentou. Thank you for your continued support of Hotcoin.

Hotcoin Team
July 5, 2025