Fellow Hotcoinners,
According to the Merit Circle official, Hotcoin will support the Merit Circle (MC) token swap, redenomination and rebranding to Beam (BEAMX). Further details about this change are shown on the timeline below:
1. Hotcoin will suspend the deposit and withdrawal services for MC at 18:00(GMT+8) on Nov.6th,2023;
2. Hotcoin will suspend the trading for MC/USDT currency pair at 19:00(GMT+8) on Nov.6th,2023, while all of the MC orders will be revoked after the trading pair is removed from platform;
3. After the removal of the trading pair, all MC tokens will be swapped for BEAMX at a ratio of 1 MC = 100 BEAMX. Hotcoin will begin the distribution of new BEAMX tokens to all eligible users, Users do not have to conduct any operations since system will perform the token swaps for them;
4.A separate announcement will be made once the token swap is completed, with reopen time of the trading, deposits and withdrawals of new BEAMX tokens.Please keep an eye out for the updating of Hotcoin announcement.
Hotcoin
Oct.27th,2023