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LBank to Reverse Split of BAKE3S and 9 Leveraged LTS

LBank

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https://www.lbank.com/

综合排名

39

网站活跃度

资金持有量

--

交易对

916

注册地

英属维尔京群岛

关注人数

45,911

24h成交额
$ 5.79 亿
≈6,159.905445 BTC
2025/02/21 03:14:28 发布, 内容以 原文链接   为准
Dear LBank users, 
 
To enhance the trading experience for our users,
BAKE3S, SOL5L, IMX3L, BEL3S, QTUM3S, WIF3L, LTC5S, UNI5L, CHZ3L, HBAR3L
will undergo a 1-for-10,000 reverse token split. The process will commence at 05:00 (UTC) on February 21, 2025, and will take approximately three hours to complete. The total asset value users hold will remain unaffected by the reverse split.
 
Following the 1-for-10,000 reverse split:
10,000 BAKE3S (before) = 1 BAKE3S (after)
Same as SOL5L, IMX3L, BEL3S, QTUM3S, WIF3L, LTC5S, UNI5L, CHZ3L, HBAR3L
 
During the reverse split period,
BAKE3S, SOL5L, IMX3L, BEL3S, QTUM3S, WIF3L, LTC5S, UNI5L, CHZ3L, HBAR3L
will happen:
 
  1. All existing orders will be automatically canceled, and trading will be temporarily suspended.
  2. A snapshot of users' account balances will be taken.
  3. Asset balances will be updated accordingly, and trading will resume.
 
Please check the updated
BAKE3S, SOL5L, IMX3L, BEL3S, QTUM3S, WIF3L, LTC5S, UNI5L, CHZ3L, HBAR3L
assets in "Wallet → Spot" after the reverse split.
 
【Regarding Reverse Split】
When the leveraged token price falls below 0.01 USDT, LBank may implement a reverse token split to prevent any negative impact on users' trading experience. The precise price at which a reverse token split is triggered may vary depending on market conditions.
A reverse token split consolidates the existing number of issued tokens into a smaller quantity of proportionally more valuable tokens.
For instance, with a 1-for-1000 reverse split of BTC3L, if the price of BTC3L is 0.005 USDT and a user holds 1000 BTC3L before the reverse split, the user will possess 1 BTC3L valued at 5 USDT each after the reverse split. The total value of the user's BTC3L holdings will remain unchanged at 5 USDT before and after the reverse split.
 
Risk Warning:
Trading in the cryptocurrency market carries a substantial risk and may result in significant profits or losses. Exercise caution when trading. Although LBank strives to select high-quality assets, it cannot guarantee profits and will not be held responsible for any trading losses incurred.
 
 
LBank Community

 
Disclaimer: Digital assets are subject to high market risks and price volatility. The value of your investments may fluctuate, and could even lead to a loss of principal. You are solely responsible for your investment decisions, and LBank is not liable for any losses you may incur. You should invest only in products you are familiar with and understand the risks involved. You should carefully consider your investment experience, financial status, investment objectives, and risk tolerance, and consult an independent financial advisor before any investment. Past performance is not a reliable indicator of future performance. Content on the LBank platform does not include advice or recommendations, and should not be construed as financial advice.
 
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