Dear Users,

Bitcoin Cash is expected to perform a hard fork protocol upgrade of of Bitcoin Cash(BCH) at 20:00 on Nov. 15^th , 2020 (UTC+8). There are two node schemes of Bitcoin Cash ABC(BCHA) & Bitcoin Cash Node(BCHN) existing, that might cause to the new tokens generated from hard forking upgrading. In order to reduce the potential trading risks of market fluctuations during the fork and fully guarantee the security of our users’ assets, we will adopt the following plans :

1.Deposit&Withdrawal

Hotcoin will suspend the deposit&withdrawal services of BCH at 15:00 on Nov.14^th,2020（UTC+8）, please do the deposit&withdrawal in time.Hotcoin will deal with any technical issues incurring from the hard fork upgrading.

2.BCH Hard Fork Upgrading

There are two node schemes of BCH existing: Bitcoin Cash ABC(BCHA) & Bitcoin Cash Node(BCHN), that might produce two situations:

Situation 1: New BCH will be generated after the hard fork upgrading, Hotcoin respects the opinions of the community and the scheme which gets the highest votes of community will be entitled as BCH.For tokens on the other chain, we will take a snapshot of asset holdings at 20:00 on Nov.15^th,2020 (UTC+8）,and distribute to users account in a 1:1 ratio by airdrop forms.After the distribution is finished we’ll have a further notice in official announcement.

Situation 2: New BCH has not generated after the hard fork upgrading, Hotcoin will resume the deposit&withdrawal services of BCH as soon as possible.

3.Spot Trading & Leveraged ETF

Spot Trading : Hotcoin will suspend the BCH/USDT spot trading at 18:00 on Nov.15^th,2020(UTC+8). All of the orders will be automatically revoked by the moment,please do the risk control by revoke orders in advanced.

Risk Reminder

1. If the deposit amount has not entered into account or withdrawal operations has been completed when taking the snapshot of asset, these assets will not be counted in the snapshot,please do the arrangement of deposit&withdrawal in advanced.
2. The resuming time of deposit&withdrawal services will have a further notice in official announcement after the hard fork upgrading is completed and Network stability becoming steady.

** Risk Warning ** :

Digital currency is an investment with high-risk, investors are advised to buy-in assets carefully and be cautious to the risk of investment.Hotcoin will emphasize the requirement for transparency and governance structure of the project, but we will not assume liability for investment guarantees and compensation.Our platform will continue to provide you with better products and services .

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

Hotcoin
2020.11.10