Since the net value of EGLD3S, BAND3S 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 EGLD3S, BAND3S on December 11, 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, EGLD3L, BAND3L will also suspend trading at the same time.
The Reverse Split Ratio will be 1 for 20 for EGLD3S, BAND3S, which means 20 shares of EGLD3S, BAND3S will be merged into 1 share. Consequently, the net value per share will be up 20 times and user's holding quantity will be down to 1/20. In this connection, user’s total balance will stay the same after the reverse split.
Meanwhile, all the running EGLD3S, BAND3S bots and manual orders will be stopped on December 11, 2020, at 17:00 (UTC + 8). Users who have created bots or manual orders with EGLD3S, BAND3S 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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