Reverse Split Of AVAX3S – Pionex Help Center

Dear user

Since the net value of AVAX3S leveraged tokens is lower than 0.05 USDT, in order to facilitate users‘ trading and avoid the impact of precision, Pionex will execute a reverse split of AVAX3S on February 10, 2021, at 09:57 (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, AVAX3L will also suspend trading at the same time.

The Reverse Split Ratio will be 1 for 100 for AVAX3S which means 100 shares of AVAX3S will be merged into 1 share. Consequently, the net value per share will be up 100 times and user's holding quantity will be down to 1/100. In this connection, user’s total balance will stay the same after the reverse

split. Meanwhile, all the running AVAX3S bots and manual orders will be stopped on February 10,2021, at 09:57 (UTC + 8). Users who have created bots or manual orders with AVAX3S 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.

Pionex Team

February 10, 2021