Dear CoinW Users,
In order to provide you with enhanced user benefits, CoinW will optimize the leverage adjustment of XETA ETF products. We will be introducing the XETA 4X ETF product and delisting the XETA 6X ETF product.
CoinW will launch the XETA 4X ETF product on 2023/12/15 10:00（UTC）, with the trading pairs XETA4L/USDT and XETA4S/USDT available.
Additionally, CoinW will delist the XETA 6X ETF trading pairs, namely XETA6L/USDT and XETA6S/USDT, on 2023/12/15 10:00（UTC）.
Regarding asset settlement of related ETF products:
For users who do not voluntarily close their positions after delisting, CoinW will conduct a unified settlement for all XETA ETF position holders after the suspension of trading. Asset settlement will be settled according to the net value of the corresponding ETF product when it is delisted.
Settlement formula: settlement assets = Positions * net value at the time of delisting
Settlement assets less than 0.001 USDT will not be included in the distribution.
The settlement assets will be airdropped to the holding user's asset account in the form of USDT within 3 working days. Thank you for your support to CoinW!
CoinW official website: https://www.coinw.com/
CoinW APP download :https://www.coinw.com/page/download/index.html
Telegram : https://t.me/CoinW_ETF