Dear BigONE users:
As the unit price of leveraged ETF products AVAX3S, DASH3S, and FLM3S is lower than 0.05 USDT, the BigONE leveraged ETF product share consolidation mechanism has been triggered. In order to improve the effectiveness of prices, we will initiate the share consolidation at 17:30 (UTC+8) on February 19, 2021, the shares of AVAX3S, DASH3S, and FLM3S will be merged separately, and the total assets of users after the merger will not be affected in any way.
The name, abbreviation, and transaction pair of the new share are the same as before the merger.
The original 100 shares of AVAX3S, DASH3S, and FLM3S will become a new share of AVAX3S, DASH3S, FLM3S, and the net value of the new shares will be 100 times the original share. The net value conversion is based on the net value of the merger.
At the time of the merger, Susan held 100 AVAX3S, each with a net value of 0.015 and a total amount of 1.5 USDT. After the merger, Xiao Ming holds 1 AVAX3S, each with a net value of 1.5, and the total amount remains unchanged at 1.5 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 If the orders are not withdrawn, the system will automatically cancel all orders and the relevant assets will be returned to the account.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 contact us by filling out the form: https://jinshuju.net/f/XONJJZ
BigONE, more than just asset security.
February 19, 2021