An Announcement To Hotbit Users

Dear Hotbit Users：

The cryptocurrency market has been booming recently, which has attracted the investment intentions of many investors.

Many projects recently listed on Hotbit have maintained a positive market trend in their development, with many of those projects even listed on Huobi, OKEX and Binance later.

Hotbit is very delighted to see that many projects listed on Hotbit have gained great popularity among our users. However, we have also noticed that part of our users have purchased every type of tokens that we have listed recently. Hotbit would like to express our gratitude for the trust of all our users. Meanwhile, Hotbit would also like to urge all our users to conduct preliminary study and research on each of their investment. Please do conduct your investment activities based on the fact that you have the full knowledge of the project you invest on, and that you have fully understood and are capable of undertake all relevant risks of your investment. Please do not just follow the bull run blindly and ignore all potential risks.

Currently, the inflation rates of part of the token types are relatively high, and the price of those tokens are also relatively high these days, which means that such projects may involve certain market bubbles, and may lead to the drastic fluctuations or plummet of their prices later. Some of the normal research methods on investment feasibility are listed as below (the methods are not limited to the ones listed below)

1、Conduct research on the ratio between the circulation supply and total supply of the project

2、Conduct research on the prices of the private sale and public sale of the project.

3、Conduct research on the logic of the project and invest on the projects that are in accordance with your own notion.

Once again, Hotbit would like to remind all our users that the trading of cryptocurrency assets involve relatively high risks. Please do participate in the trading of cryptocurrency assets based on your own without following the trend blindly.