Hotbit Will Support the DREP (DREP) 100:1 Redenomination Plan

Dear Respected Users,

        Hotbit will support the DREP (DREP) token swap & redenomination plan, with the following timeline:

Please note:

1.Deposits and withdrawals of DREP will be suspended at 10:00 AM on March 21st, 2021 UTC. Please ensure that you leave sufficient time for your DREP deposits to be fully processed prior to this time. If deposited after this time, the tokens will not be credited to your account.

2.Trading will be halted in all existing DREP/USDT trading pair at 02:00 AM on March 22nd, 2021 UTC and pending orders will be cancelled at 04:00 AM on March 22nd, 2021 UTC.

3.We will swap the old DREP tokens with the new DREP tokens at a ratio of 100:1. New DREP tokens will assume the DREP ticker.

4.Trading will then open for the new DREP/BTC and DREP/USDT trading pairs at 04:00 AM on March 26th, 2021 UTC. (The start of DREP/BTC and DREP/ USDT trading pairs has been postponed to 04:00 AM UTC on April 2nd)

5.We will make a separate announcement after the token swap is complete to notify users when deposits and withdrawals of DREP will open.

6.New DREP smart contract: 0x3ab6ed69ef663bd986ee59205ccad8a20f98b4c2

DREP (DREP) 100:1 token reduction official details: https://drep-foundation.medium.com/drep-token-swap-guide-37d04c46d05f 

Hotbit team

March 19th, 2021