Since the net value of COMP3L and SNX3L 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 COMP3L and SNX3L on October 19, 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, COMP3S and SNX3S will also suspend trading at the same time.
The Reverse Split Ratio will be 1 for 20, which means 20 shares of COMP3L and SNX3L 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 COMP3L and SNX3L bots and manual orders will be stopped on October 19, 2020, at 17:00 (UTC + 8). Users who have created bots or manual orders with COMP3L and SNX3L 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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