Announcement on Hotbit's adjustment of management fees for leveraged ETF positions from October 23rd

Dear Hotbit User.
        Hotbit officially launched the financial derivatives ETF (everaged exchange-traded fund ) on June 4, 2020 at 08:00 AM UTC. It has been operating smoothly so far, the trading volume reached 95,470,000 USDT. Thank you for all users enthusiastic participation. （Based on actual hedging costs, Hotbit is now adjusting its position management fees for each currency.）

The adjusted position management fees for various currencies are as follows（The management fee rate will be effective from 23rd  October 2020 UTC）:

If any adjustments are made in the future, we will release an official announcement.

Thank you for your support to Hotbit!

Hotbit team

2020.10.20