Announcement on Hotcoin Make Compensations for User Losses Caused by Emergency Failure of Perpetual Swaps System

Dear Valued Users,

 There was price abnormals occurred on the BTC/USDT trading pair of perpetual swaps caused by the server failure and the markets fluctuates violently,now the trouble shooting was completed. For users who were suffering asset losses during the period of price abnormal , Hotcoin platform will cover the full compensation within 24 hours.

Sorry for the inconvenience brought to you ,thanks for your supporting & trusting to Hotcoin !

** Risk Warning ** :

Digital crypto asset is a type of investment product with high risk, and partial projects of high market attention may also produce overvaluations, bubble economic phenomenon , behaviors that deviates from the truly demands or marketing hype, and thus user will suffering from partial asset losses or total loss. Users shall involved in these project cautiously, and carefully taking the experience of trading digital assets into consideration and the degree of bearing various loss risks before starting the transaction. Hotcoin will emphasize the transparency for projects and request for governance structure publicly,but we shall not bear the liability of guarantee, compensation and other liabilities for investment behaviors. We will continue to provide you with better products and services .

Thanks for your supporting to Hotcoin, we’re looking forward to your valuable suggestions.

Hotcoin

Sept.7^th ,2021

Hotcoin Community

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