Hotbit DEX Announcements

2023-06-17 06:30:57 Hotbit’s Announcement on Extending the Withdrawal deadline to June 30th, 2023

Dear Respected Users,
Recently, we have found that a large number of users are still withdrawing funds one after another. In order to ensure that users complete withdrawals in an orderly manner, Hotbit will extend the original withdrawal deadline from 04:00 AM UTC on June 21st to 04:00 AM UTC on June 30th.
Please withdraw the remaining assets in the account as soon as possible before June 30th, 2023, otherwise the losses caused will be irreparable.

Thank you for your understanding and support!

Hotbit Team
June 17th, 2023 Buka / Bagaimana

2023-05-23 19:13:52 Hotbit's Announcement Regarding the Completion of the Maintenance at 04:10 PM UTC on May 23rd, 2023

Dear respected users,
Hotbit has finished the maintenance. All Services are available from 04:10 PM UTC on May 23rd, 2023.

We apologize for any inconvenience caused.

Hotbit Team

May 23rd, 2023

Details https://hotbit.zendesk.com/hc/en-us/articles/14788402961431 Buka / Bagaimana

2023-05-23 18:17:16 Hotbit's Announcement Regarding the Maintenance of Hotbit Website at 03:10 PM on May 23nd, 2023

Dear respected users,
In order to optimize and increase the speed of withdrawal service, Hotbit decided to temporarily maintain for 1 hour, from 03: 10 PM UTC to 04: 10 PM UTC on May 23nd, 2023. During the maintenance period, all services are unavailable.

We apologize for any inconvenience caused!
After the maintenance is completed, we will issue a notice as soon as possible.

Hotbit team
May 23nd, 2023

Details https://hotbit.zendesk.com/hc/en-us/articles/14786543096599 Buka / Bagaimana

2023-05-22 07:02:31 It's time to take a bow
For 5 years and 4 months, the Hotbit team has been proud to participate in a wonderful crypto show with 5 million users. However, it is with great regret that we have made the decision to stop all CEX operations from May 22, UTC 04:00. We kindly ask all users to withdraw their remaining assets before June 21, UTC 04:00.

This decision is based on three reasons: please check this announcement link for more detalis https://hotbit.zendesk.com/hc/en-us/articles/14750194236823

With so many joys and tears, our show is over. We want to say thank you and take a bow now. We still believe a bright future about crypto innovation and some of us will still fight for it.
For any questions, please contact us via https://hotbit.zendesk.com/hc/en-us/requests/new . Buka / Bagaimana

2023-05-22 05:49:34 Hotbit’s Announcement Regarding the Suspension on the Withdrawal Function of BEP20-BTC on May 22nd, 2023

Dear respected users,
Due to the node maintenance of BEP20-BTC, Hotbit has suspended the withdrawal function of BEP20-BTC. The re-opening time will be announced later.

We apologize for the inconvenience and hope you enjoy trading on Hotbit!

Hotbit Team
May 22nd, 2023

Details https://hotbit.zendesk.com/hc/en-us/articles/14750470782615 Buka / Bagaimana

2023-05-21 17:15:13 Hotbit Will Merge the Shares of Leveraged ETF Product RNDR1D5S on May 21st, 2023

Dear respected users,
Since the net value of leveraged ETF product RNDR1D5S is lower than 0.1 USDT, which triggers the Share Merging Mechanism. As such, Hotbit will merge the shares of RNDR1D5S at 02:20 PM UTC on May 21st, 2023.

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 RNDR1D5S 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.

The net value conversion is based on the net balance at the time of the merger.

About leveraged ETF, for more details:
Leveraged ETF FAQ
What is merge?

Hotbit Team
May 21st, 2023

Details https://hotbit.zendesk.com/hc/en-us/articles/14742835159063 Buka / Bagaimana