Dear BigONE users:
As the unit price of leveraged ETF products AVAX3S, BTC3S, DOT3S, ETH3S, XLM3S, and ZEC3S is lower than 0.05 USDT, leading BigONE leveraged ETF product share consolidation mechanism triggered. In order to improve the effectiveness of the price, we will start at 18:30 on January 14, 2021 (UTC+8) The share consolidation mechanism is started, and the shares of AVAX3S, BTC3S, DOT3S, ETH3S, XLM3S, and ZEC3S are merged separately. After the merger, the total assets of users will not be affected in any way.
The name, abbreviation, and trading pairs of the new share will be the same as before the merger.
The original 10 shares of AVAX3S, BTC3S, DOT3S, ETH3S, XLM3S, ZEC3S will become 1 new share of AVAX3S, BTC3S, DOT3S, ETH3S, XLM3S, ZEC3S, and the net value of the new share will be 10 times the original share , The net value conversion is based on the net value at the time of consolidation.
At the time of the merger, Xiao Ming held 50 AVAX3S, each with a net value of 0.015 and a total amount of 0.75 USDT. After the merger, Xiao Ming holds 1 AVAX3S, each with a net value of 0.75, and the total amount remains unchanged at 0.75 USDT.
1. During the merger, we will stop the transaction of the currency pair asset half an hour in advance (the merger process is expected to be 1 hour), and other currency pair transactions will not be affected.
2. Before the merger, all users who have pending orders for currency pairs above are requested to withdraw their orders in advance. If the orders are not withdrawn, the system will automatically cancel all orders and the relevant assets will be returned to the account.
Leveraged ETF product FAQ: https://support.bigonechina.com/hc/zh-cn/articles/900002710806
If you have any suggestions about leveraged ETFs, please fill out the form to tell us: https://jinshuju.net/f/XONJJZ
BigONE, more than just asset security.
January 14, 2021