MEXC Will Merge the Shares of DOGE4S, GLMR3S, DOGE3S, SOS3L& FREE3L Leveraged ETF Products

Dear users,

Since the net value of leveraged ETF products DOGE4S, GLMR3S, DOGE3S, SOS3L& FREE3L are lower than 0.1 USDT respectively, they trigger the Share Merging Mechanism. As such, MEXC will merge the shares of DOGE4S, GLMR3S, DOGE3S, SOS3L& FREE3L at 2022-01-14 14:00 PM (UTC).

The 10 share of DOGE4S, GLMR3S, DOGE3S, SOS3L& FREE3L will be merged into 1 share respectively. Consequently, the net value per share of DOGE4S, GLMR3S, DOGE3S, SOS3L& FREE3L 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 Lectures
  4. FAQ for Leveraged ETF

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.

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Enjoy trading on MEXC

The MEXC Team,

14 January 2022

Read the original article at mexc

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