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Announcement of ETF Product Upgrade and Closeout of Existing Products
Published on: 2022/03/16 04:10Last Update: 2025/01/01 15:39

Dear CoinW users.

In order to improve the trading experience of ETF products, CoinW will upgrade the system of ETF products and optimize the system aggregation speed of ETF . After the completion of ETF upgrade, a new position management mode will be adopted to provide more accurate market positioning and more effective risk management mode.

 

The system will close out the positions of existing ETF products before the upgrade of ETF , the specific schedule is as follow:

1.The trading function of existing ETF products will be stopped at 6:00(UTC) on 2022/3/18.

2.All users of ETF positions should close their positions as soon as possible before the cessation of trading at 6:00(UTC) on 2022/3/18.

3.After the cessation of trading, the system will settle all open positions for all users, and the settlement price will be the closing price of each product at 5:50(UTC) on 2022/3/18.

4.ETF product settlement will be unified in USDT units, and the settlement assets will be issued to the asset accounts of position holders in the form of airdrop by 16:00(UTC) on 2022/3/20.

The specific upgrade completion and online new ETF products will be announced separately, thank you for your support!

 

CoinW official site:https://www.coinw.com/

CoinW download link:https://www.coinw.com/mobile/download.html

Currently, CoinW  has covered a number of social media matrixes such as WeChat, QQ, Twitter, Telegarm, covering hundreds of thousands of users, supporting 7*24 real time communication between domestic and foreign users, welcome to join CoinW community!

Btok: https://ss.transgot.cn/CoinW_Research

TG : https://t.me/CoinW_Research

Twitter: https://twitter.com/Coinw_exchange

 

CoinW

2022/3/16

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Announcement of ETF Product Upgrade and Closeout of Existing Products
Published on: 2022/03/16 04:10Last Update: 2025/01/01 15:39

Dear CoinW users.

In order to improve the trading experience of ETF products, CoinW will upgrade the system of ETF products and optimize the system aggregation speed of ETF . After the completion of ETF upgrade, a new position management mode will be adopted to provide more accurate market positioning and more effective risk management mode.

 

The system will close out the positions of existing ETF products before the upgrade of ETF , the specific schedule is as follow:

1.The trading function of existing ETF products will be stopped at 6:00(UTC) on 2022/3/18.

2.All users of ETF positions should close their positions as soon as possible before the cessation of trading at 6:00(UTC) on 2022/3/18.

3.After the cessation of trading, the system will settle all open positions for all users, and the settlement price will be the closing price of each product at 5:50(UTC) on 2022/3/18.

4.ETF product settlement will be unified in USDT units, and the settlement assets will be issued to the asset accounts of position holders in the form of airdrop by 16:00(UTC) on 2022/3/20.

The specific upgrade completion and online new ETF products will be announced separately, thank you for your support!

 

CoinW official site:https://www.coinw.com/

CoinW download link:https://www.coinw.com/mobile/download.html

Currently, CoinW  has covered a number of social media matrixes such as WeChat, QQ, Twitter, Telegarm, covering hundreds of thousands of users, supporting 7*24 real time communication between domestic and foreign users, welcome to join CoinW community!

Btok: https://ss.transgot.cn/CoinW_Research

TG : https://t.me/CoinW_Research

Twitter: https://twitter.com/Coinw_exchange

 

CoinW

2022/3/16

Was this article helpful?
0 out of 0 found this helpful
Limited-Time New User Offer!
Sign up now to claim your exclusive 12000 USDT gift pack!
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Popular Articles