Hotbit's Announcement on the Completion of the PARATOKEN Contract Upgrade on April 25th, 2022 UTC

Dear respected user,

Hotbit has completed the replacement of the PARATOKEN contract, the old PARATOKEN of holders on Hotbit has been exchanged to new one according to the ratio of 10,000,000:1 (10,000,000 old PARATOKEN：1 new PARATOKEN). The deposit and withdrawal functions of PARATOKEN have been recovered at 01:10 PM UTC, on April 25th, 2022.

Old PARATOKEN contract address: https://etherscan.io/token/0x32879b5c0fdbc2a81597f019717b412b9d755a09 

New PARATOKEN contract address: https://etherscan.io/token/0xFb13dFC9f8f3EeDdD7C9b581D0D7Cf367513FF7C 

Notice：

1. Hotbit only supports new PARATOKEN deposit and withdrawal from now on. Please do not deposit old PARATOKEN to your new PARATOKEN deposit address, otherwise the loss caused will not be recovered.

2. After the completion of the contract replacement of PARATOKEN on April 25th, 2022, according to the mechanism of new PARATOKEN ’s contract, by successfully depositing new PARATOKEN into their Hotbit accounts, the users are required to pay 7% new PARATOKEN of deposit transaction fee.

The actual volume of new PARATOKEN that the users will receive as withdrawal = The volume of new PARATOKEN that the users initially transferred - the new PARATOKEN withdrawal fees on Hotbit- 7% new PARATOKEN transfer transaction fee deducted on-chain .

For further details regarding the mechanism of new PARATOKEN contract, please feel free to contact PARATOKEN ’s official team.

Hope you enjoy trading on Hotbit!

Hotbit Team

April 25th, 2022