Hotbit Will Merge the Shares of Leveraged ETF Products AVAX1D5L, GALA1D5L.....CELR1D5L and BTC1D5L on May 19th, 2022

Dear respected users，

Since the net value of leveraged ETF products AVAX1D5L, GALA1D5L, GAL1D5L, AGLD1D5S, TOMO1D5L, KISHU1D5L, AVAX1D3L, AUDIO1D5L、ARPA1D5L、ALGO1D5L、AR1D5L、AKRO1D5L、BSV1D3L、VET1D5L、KNC1D3S、AAVE1D3L、BAT1D3L、ICX1D5L、CELR1D5L and BTC1D5L are lower than 0.1 USDT, which triggers the Share Merging Mechanism. As such, Hotbit will merge the shares of AVAX1D5L, GALA1D5L, GAL1D5L, AGLD1D5S, TOMO1D5L, KISHU1D5L, AVAX1D3L, AUDIO1D5L、ARPA1D5L、ALGO1D5L、AR1D5L、AKRO1D5L、BSV1D3L、VET1D5L、KNC1D3S、AAVE1D3L、BAT1D3L、ICX1D5L、CELR1D5L and BTC1D5L at 01:30 AM-02:00 AM on May 19th, 2022 UTC.

Because the price will increase by 10X after the merger, the number of users' existing assets will be multiplied by 0.1, meanwhile, the 10 shares of AVAX1D5L, GALA1D5L, GAL1D5L, AGLD1D5S, TOMO1D5L, KISHU1D5L, AVAX1D3L, AUDIO1D5L、ARPA1D5L、ALGO1D5L、AR1D5L、AKRO1D5L、BSV1D3L、VET1D5L、KNC1D3S、AAVE1D3L、BAT1D3L、ICX1D5L、CELR1D5L and BTC1D5L will be merged into 1 share, consequently, the net value per share will be up 10 times and user's holding amount will be down to 1/10. In this connection, the user’s total assets will stay the same after the merging.