Announcement on Shares Merger of 5 ETFs Including LTC3L

Dear users,

Due to the unit prices of partial ETF products were too low, in response to market changes and optimize the trading experience, Hotcoin will conduct a merger of ETF shares during 19:00-21:00 (GMT+8) on June.15th ,2022.

Here’s the ETF products to have merges on their shares listed below ( 5 currency pairs in total):

1. LTC3L/USDT
2. XRP3L/USDT
3. ETH3L/USDT
4. BNB3L/USDT
5. EOS3L/USDT

The previous 100 LTC3L currency shares will be migrated as 1 new LTC3L share, which means, the net values of that 1 new share equals to 100 times of the origin LTC3L net values .Net value conversion operations is based on the market price by that moment.

Example:

During the asset merging period, the user is holding 10000 LTC3L shares, with net values of each share of 0.010000, and a total amount of 100 USDT. After the merging operation, he will holding 100 LTC3L shares and the total amount remains the same, with net values of each share of 1.000000, which is still 100 USDT.

Our apologies for any inconvenience this may cause, thank you for your supporting and trusting!

Hotcoin
June.13th ,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.