Pionex Will Execute a Reverse Split of LINK3S and ALGO3S Leveraged Tokens

 Since the net value of LINK3S and ALGO3S 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 LINK3S and ALGO3S on August 17, 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, LINK3L, LINK1S, ALGO3L and ALGO1S will also suspend trading at the same time.

The Reverse Split Ratio will be 1 for 20, which means 20 shares of LINK3S and ALGO3S 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 LINK3S and ALGO3S bots will be stopped on August 17, 2020, at 17:00 (UTC + 8).  Users who have created bots with LINK3S and ALGO3S 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.