Dear Coinbetter users:
Due to the leveraged ETF products ALGOBULL and BSVBEAR are too verbose and accuracy, the user's trading experience is poor. We will start the share consolidation mechanism at 23:00 (UTC+8) on May 31, 2021. At that time, ALGOBULL/USDT, BSVBEAR/USDT trading pairs will be closed, and users' pending orders will be automatically cancelled, and the shares of ALGOBULL and BSVBEAR will be cancelled. The merger operation is expected to restart trading on June 1. Under the circumstance that the price of the subject matter remains unchanged, the total amount of user assets converted into USDT will not be affected after the merger.
The original 100,000 ALGOBULL shares will become 1 new ALGOBULL share.
The original 100,000 BSVBEAR shares will become 1 new BSVBEAR share.
Note: The net value conversion is based on the net value at the time of consolidation. The name, abbreviation, and transaction pair of the new share are the same as before the merger. After the user automatically cancels the order, the asset conversion is less than 0.1U, and the merge operation will not be performed.
Risk warning: Digital assets are innovative products with large price fluctuations. Users are requested to rationally judge their risk tolerance and make decisions prudently.
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May 31, 2021