Reverse split of BAND3L, SXP3L, ALGO3L, ONT3L, QTUM3L

Since the net value of BAND3L, SXP3L, ALGO3L, ONT3L, QTUM3L 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 BAND3L, SXP3L, ALGO3L, ONT3L, QTUM3L on November 2, 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, BAND3S, SXP3S, ALGO3S, ONT3S, QTUM3S will also suspend trading at the same time.

The Reverse Split Ratio will be 1 for 20, which means 20 shares of BAND3L, SXP3L, ALGO3L, ONT3L, QTUM3L 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 BAND3L, SXP3L, ALGO3L, ONT3L, QTUM3L bots and manual orders will be stopped on November 2, 2020, at 17:00 (UTC + 8).  Users who have created bots or manual orders with BAND3L, SXP3L, ALGO3L, ONT3L, QTUM3L 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.