Hotbit's Announcement on the Completion of the CREDIT(TerraCredit) Mainnet Swap Plan on August 9th, 2021 UTC

Dear Users,

      Hotbit will replace the native CREDIT to ERC20-CREDIT at a ratio of 1 ：1 (1 Native CREDIT: 1 ERC20-CREDIT) on August 9th, 2021 UTC.

Further details about this change are shown on the timeline below:

1. 2021.08.09 07:00 AM UTC ,Hotbit has recovered all ERC20-CREDIT balances and begin the distribution of ERC20-CREDIT to all eligible users at a ratio of 1 Native CREDIT = 1 ERC20-CREDIT；

2. 2021.08.09 07:00 AM UTC  Hotbit has opened deposit and withdrawal functions of ERC20-CREDIT；

3. 2021.08.09 09:00 AM UTC  Hotbit will open trading function of new CREDIT. At the same time, it will be transferred to the Growth zone;

4. ERC-20 CREDIT contract address: https://etherscan.io/address/0x87d138d910d497f740d70ada5ac09e96b282cb2d 
   

Note: Hotbit only supports ERC20-CREDIT deposit and withdrawals from now on. Please do not deposit the native CREDIT to your ERC20-CREDIT deposit address, otherwise the loss caused will not be recovered.

Risk warning

The investment on cryptocurrency projects is subject to high market risks.Please make your investments cautiously. Hotbit will make best efforts to choose the cryptocurrency projects with high quality,but Hotbit will not be responsible for any of your investment losses.

Thank you for your support！

Yours truly

Hotbit Team 

August 9th,2021

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Hotbit reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.