Dear user:
Since the net value of KNC3S、ADA3S 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 KNC3S、ADA3S on February 5, 2021, at 22:00 (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, KNC3L、ADA3L will also suspend trading at the same time.
The Reverse Split Ratio will be 1 for 50 for KNC3S、ADA3S which means 50 shares of KNC3S、ADA3S will be merged into 1 share. Consequently, the net value per share will be up 50 times and user's holding quantity will be down to 1/50. In this connection, user’s total balance will stay the same after the reverse split.
Meanwhile, all the running KNC3S、ADA3S bots and manual orders will be stopped on February 5,2021, at 22:00 (UTC + 8). Users who have created bots or manual orders with KNC3S、ADA3S 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 5, 2021
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