Since the net value of KAVA3L, THETA3S, OMG3L leveraged tokens is lower than 0.1 USDT, in order to facilitate users‘ trading and avoid the impact of precision, Pionex will execute a reverse split of KAVA3L, THETA3S, OMG3L on December 10, 2020, at 17:00 (UTC + 8) and the operation will not affect the total value of users‘ assets. The reverse split will take about 30 minutes. During this period, KAVA3S, THETA3L, OMG3S will also suspend trading at the same time.
The Reverse Split Ratio will be 1 for 20 for KAVA3L, THETA3S, OMG3L, which means 50 shares of KAVA3L, THETA3S, OMG3L will be merged into 1 share. Consequently, the net value per share will be up 50 times and user's holding quantity will be down to 1/50. In this connection, user’s total balance will stay the same after the reverse split.
Meanwhile, all the running KAVA3L, THETA3S, OMG3L bots and manual orders will be stopped on December 10, 2020, at 17:00 (UTC + 8). Users who have created bots or manual orders with KAVA3L, THETA3S, OMG3L can check their assets in “My holding assets balance” after the reverse split. If users want to buy or sell on their own, please operate before this time.
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