Hotcoin Launch USDT &FIL Assets For Financial Activities

Dear Users,

The flexible savings and fixed savings services of USDT& FIL will soon be launched “Hotcoin Earn ” for Hotcoin users to gain proceeds through idle cryptocurrency assets.

1.  Flexible Savings Product

Flexible Savings is a Hotcoin financial product that allows users to lend their idle crypto assets to Hotcoin Margin and begin making returns. The scheme is flexible and allows you to redeem your funds at any time.

Subscription

Subscription（i.e.：Locked）：Allows users to conduct subscription at any time

Interest calculated（i.e.：Unlock）：Assets will be unlocked on the second day after subscribing at 8:00 AM (GMT+8)

Interest Released（i.e.：Interest received）：Assets will be unlocked on the third day after subscribing at 8:00 AM (GMT+8)

Redemption

Users are allowed to redeem your principal at any time:

For fast redemptions, you will receive the full amount of your digital assets back on the day of redemption without interest.

For standard redemptions, the full amount will be returned on the second day after redeeming at 10:00 AM (GMT+8). This also includes your earned interest.

2.  Fixed Savings Product

Subscription Mode：First come, first served

•    Subscription Starts： 10:00（GMT+8）,Jan.14^th ,2022

•    Settlement Period：From the second day after subscribing at 8:00 AM (GMT+8) to the end of 30 days of the corresponding cycle

•    The principal and proceeds of the assets are automatically released to the user's Spot account at the end of the Fixed Savings activity cycle

•    No profit will be released due to mandatory redemption for customers with  fixed-assets unexpired

Statement:

1.  If the total subscription amount reaches the upper limit, further subscriptions will be temporarily unavailable

2.  Hotcoin will dynamically adjust the currency/interest rate/individual cap of subscription according to the actual situation of market operation and the risk level

3.  Interest Calculation:

①   [Fixed Savings Products]: User has subscribed the fixed savings product of 10000USDT at 10:00（GMT+8）on Jan.14^th ,2022 with a 30 days period and 10% APY,then he’ll get 83.33USDT after the due date at 8:00（GMT+8）on Feb.14^th ,2022. (i.e.：10000USDT*10% APY/360 Days*30 Days)

②  [Flexible Savings Products]: User has subscribed the flexible savings product of 10000USDT at 10:00（GMT+8）on Jan.14^th ,2022 with a 9 days period and 8% APY, then he’ll get 19.99USDT in the due date at 8:00（GMT+8）on Jan.24^th ,2022 if he’s using the standard redemption at 18:00（GMT+8）on Jan.23^rd ,2022.  (i.e.：10000USDT*8% APY/360 Days*9 Days)

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

Hotcoin

Jan.11^th,2022

Hotcoin Community

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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.