Announcement on Hotbit adjusting the annual interest of current investment and wealth management product with fixed income of BTC and ETH

Dear respected users,

      after launching current investment product and wealth management product with fixed income, Hotbit has received the enthusiastic response and active participation of many customers. Recently, BTC and ETH have exceeded the capacity limit of the corresponding quantitative strategy. Therefore, Hotbit will reduce the annualized returns of current investment product and wealth management product with fixed income of BTC and ETH accordingly according to the corresponding returns of the current asset volume.

ETH current investment is adjusted to 0.004% daily interest rate and 1.47% annual compound interest.

BTC current investment is adjusted to 0.006% daily interest rate and 2.21% annual compound interest.

ETH fixed term investment is adjusted to 0.012% daily interest rate and 4.38% annualized rate.

BTC fixed term investment is adjusted to 0.018% daily interest rate and 6.57% annualized rate.

The new interest rate will be implemented on December 17th.

Hotbit is currently testing the strategies of multiple teams. In the next step, we will add a stable performance strategy and use FOF to join this wealth management product with fixed income to further increase the profitability of this product. At the same time, Hotbit will also provide customers with high-risk and high-return product choices in the near future, so please stay tuned.

Thanks for your support!

Hotbit team

December 15, 2019