Hotbit's Announcement on the Completion of the POPDOGE and BUGGBSC Token Migration & Redenomination Plan and the Recovery of Deposit, Withdrawal and Trading Functions on October 9th, 2021

Dear Users,

        Hotbit has completed the POPDOGE and BUGGBSC token Migration & Redenomination plan.

Users' POPDOGE assets on Hotbit have been replaced at a 100,000:1 ratio.(100,000 POPDOGE：1 POPDOGEV2). Users' BUGGBSC assets on Hotbit have been replaced at a 10,000,000 :1 ratio.(10,000,000 BUGGBSC：1 BUGGBSCV2). Further details about this migration are shown on the timeline below:

        1. 2021.10.09 UTC  Hotbit has completed the POPDOGE and BUGGBSC asset swap (Swap ratio 100,000 POPDOGE：1 POPDOGEV2, 10,000,000 BUGGBSC：1 BUGGBSCV2 );

        2. 2021.10.09 08:00 AM UTC The deposit and withdrawal functions of POPDOGEV2 and BUGGBSCV2 and POPDOGEV2/USDT, BUGGBSCV2/USDT trading pairs will be launched;

        3. From now on, Hotbit platform will only have POPDOGEV2 and BUGGBSCV2. If your account previously had POPDOGE and BUGGBSC positions, please check the balance of POPDOGEV2 and BUGGBSCV2;

        4. POPDOGE Explorer: https://bscscan.com/token/0x21C9a960a550adB0F89911B62698B9e8bAB86037 

            BUGGBSCV2 Explorer:

https://bscscan.com/token/0x7d62d515ca6dd901fc920e361559fd394eef3d52 

Note: According to the mechanism of POPDOGEV2's and BUGGBSCV2's contract, each transfer will be deducted 10% transfer fees on chain, which means that the actual volume of POPDOGEV2 and BUGGBSCV2 that the users will receive as deposit = The volume of POPDOGEV2 and BUGGBSCV2 that the users initially transferred - 5% of transfer transaction fee deducted on-chain.

The actual volume of POPDOGEV2 and BUGGBSCV2 that the users will receive as withdrawal = The volume of POPDOGEV2 and BUGGBSCV2 that the users initially transferred - the POPDOGEV2 and BUGGBSCV2 withdrawal fees on Hotbit- 10% transfer transaction fee deducted on-chain.

For further details regarding the mechanism of POPDOGEV2 and BUGGBSCV2 contract, please feel free to contact the official project team.

Hotbit Team

October 9th, 2021

 

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

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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.