Dear user:
Since the net value of LTC3S、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 LTC3S、ALGO3S on January 5, 2021, 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, LTC3L、ALGO3L will also suspend trading at the same time.
The Reverse Split Ratio will be 1 for 20 for LTC3S、ALGO3S which means 20 shares of LTC3S、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 LTC3S、ALGO3S bots and manual orders will be stopped on January 5, 2021, at 17:00 (UTC + 8). Users who have created bots or manual orders with LTC3S、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.
Pionex Team
January 4, 2021
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