Announcement Regarding the Merger of Leveraged Tokens NEAR3L and AXS3L_THE:ING

DearKuCoinUsers,Toprovideabettertradingexperienceforourusers,KuCoinwillmergethesharesoftheleveragedtokensNEAR3LandAXS3Lataratioof100,000:1at08:00onApril07,2023(UTC).Thearrangementdetailsareasfollows:1.SuspensionofSubscriptionandRedemptionAt17:30onApril06,2023(UTC),wewillsuspendthesubscriptionandredemptionofNEAR3LandAXS3L.Thesubscriptionandredemptionordersthathavealreadybeenappliedwillnotbeaffected.2.TheMergerofLeveragedTokensNEAR3LAt08:00onApril07,2023(UTC),wewillsuspendthetradingofNEAR3L/USDT.Allexistingtradeorderswillbecanceled.WewillthentakeasnapshotofNEAR3Lbalancesinusers’accountsandmergethesharesofNEAR3Lataratioof100,000NEAR3L=1NEAR3L.At10:00onApril07,2023(UTC),newNEAR3Lbalanceswillbeupdated,andwewillopenthetradingforNEAR3L/USDT.ThesubscriptionandredemptionfunctionsforNEAR3Lwillalsobeopenedatthistime.3.TheMergerofLeveragedTokensAXS3LAt10:20onApril07,2023(UTC),wewillsuspendthetradingofAXS3L/USDT.Allexistingtradeorderswillbecanceled.WewillthentakeasnapshotofAXS3Lbalancesinusers’accountsandmergethesharesofAXS3Lataratioof100,000AXS3L=1AXS3L.At12:20onApril07,2023(UTC),newAXS3Lbalanceswillbeupdated,andwewillopenthetradingforAXS3L/USDT.ThesubscriptionandredemptionfunctionsforAXS3Lwillalsobeopenedatthistime.

Ifalargepricefluctuationoccurs,wewillpostponethemergeraccordinglyandnotifyyouviatheannouncement.

Thanksforyoursupport!?TheKuCoinTeam?

RiskWarning:LeveragedTokensinvestment(trade)isariskyone.BytradingKuCoinLeveragedTokensorusingrelatedservicesofKuCoinLeverageTokens,youaredeemedtohavefullyunderstoodtherisksofKuCoinLeveragedTokensandagreedtoassumeallresponsibilitiesofallandrelatedtradingornon-tradingbehavioursinvolvedinyourKuCoinaccount.KuCoinwillnotbeliabletoyouforanylossthatmightarisefromyouruseofLeveragedTokens.FindTheNextCryptoGemOnKuCoin!

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