Announcement on the Treatment of User's Assets During Hotbit Website Maintenance Begin From August 10th, 2022

Dear Hotbit users,

Hotbit has suspended trading, deposit, withdrawal and funding functions on August 10th, 2022, Please click here for detailed information. And the treatment of user's assets on Hotbit are as following:

1. User's unfilled open order will be cancelled before Hotbit's service is recovered to prevent loss due to market fluctuations;

2. To prevent the loss caused by holding the positions, all user's leveraged ETF positions will be forcibly liquidated according to the relevant net values by 12:00 PM UTC on August 10th, 2022;

we have cancelled all the pending orders on Hotbit at 09:00 AM on August 24th, 2022 UTC and started liquidating the ETF assets held by users. We will deduct the ETF assets held by users according to the net value list below at 12:00 PM on August 10th, 2022 UTC, and add the corresponding USDT to the users' Hotbit accounts. The liquidation of ETF assets will last for several working days, after it is completed, we will update in this announcement and inform users in the community

3. The income of user's investment products will be distributed normally.

If you have any problem, please contact us vis Support Ticket, our CS team will try their best to help you.

Hotbit Team

August 10th, 2022

The net values of ETF products on Hotbit at 12:00 PM UTC on August 10th, 2022: