MXC Will Merge the Shares of DOGE3S, THETA3S, BCH3S, ALGO3S and NEAR3S Leveraged ETFs

Dear Users:

Since the net value of leveraged ETF products DOGE3S, THETA3S, BCH3S, ALGO3S and NEAR3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of DOGE3S, THETA3S, BCH3S, ALGO3S and NEAR3S at 02:00 (UTC+8) on January 3rd.

The 10 shares of DOGE3S, THETA3S, BCH3S, ALGO3S and NEAR3S will be merged into 1 share respectively. Consequently, the net value per share of DOGE3S, THETA3S, BCH3S, ALGO3S and NEAR3S will be up 10 times, while user's holding amount will be down to 1/10. In this connection, user’s total asset will stay the same after the merging.

Learn more about leveraged ETF, please visit:

1. What is "Share Merging Mechanism"

2. Guide for Leverage ETF

3. Leveraged ETF Lecture

4. FAQ for Leveraged ETF

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Enjoying your trade on MXC.

The MXC team

January 3rd, 2020