Pionex has decided to disable deposit and withdrawal of all leveraged tokens at 12:00 (UTC+8) on June 3, 2020 (Wednesday). The following assets are involved: BTC3S, BTC3L, ETH3S, ETH3L, XRP3S, XRP3L, EOS3S , EOS3L, BNB3S, BNB3L.
Users can choose either way:
1. Withdraw your leveraged token to other exchanges (FTX, BitMAX, Poloniex) before 12:00 (UTC+8), June 3, 2020.
2. Continue to hold leveraged tokens in the Pionex, and Pionex will sell them into USDT on June 6, 2020 (Saturday) at 12:00 (UTC+8) and refund the USDT to the user's Trading Account in Pionex.
Notice: the symbol on Pionex for long is 3L while BULL for the above exchanges, and BEAR for 3S.
Pionex will release its own leverage tokens next week. Compared with the original leverage tokens, the leverage tokens of Pionex can reduce the loss in the fluctuation and matches the various demands for each user.