Announcement on Merging Shares for Some Leveraged ETF Assets

Dear MXCers:

Since the unit price for some leveraged ETF assets is too low to represent the real price of the underlying assets, MXC will initiate "Share Merging Mechanism" at 18:00 (UTC+8), January 16. Those assets with net value of each share lower than 0.05 USDT will be merged. After merging, user’s total asset will not be affected at all.

Now the net value of BSV3S per share is lower than the figure mentioned above, therefore it triggers the "Share Merging Mechanism".

The 100 shares of BSV3S will be combined to 1 share, consequently the net value per share will also become 100 times of the previous one.

For example:

Upon combination, John holds 10000 shares of BSV3S and the net value of each share is 0.0057 USDT, so his total asset amount is 57 USDT. After combination, John holds 100 shares of BSV3S and the net value of each share becomes 0.57 USDT, and his total asset amount remains the same: 57 USDT.

Find us on:

Telegram: https://t.me/MXCEnglish

Twitter: https://twitter.com/MXC_Exchange

https://twitter.com/MXC_Fans

Reddit: https://www.reddit.com/r/MXCexchange/

Facebook: https://www.facebook.com/mxcexchangeofficial/

Discord: https://discord.gg/zu5drS8

Medium: https://medium.com/@mxc.com

https://medium.com/@MXC_Fans

https://www.mxc.com/auth/signup?inviteCode=12wvM

Enjoying your trade on MXC.

The MXC team