COI:The Merger of Leveraged Token NEAR3L Postponed_OIN

DearKuCoinUsers,

KuCoinwillmergethesharesoftheleveragedtokenNEAR3Lataratioof100,000:1,andthecompletionofthemergerwillbepostponedto11:00onApril7,2022(UTC).

Thearrangementdetailsareasfollows:

1.Suspensionofpurchaseandredemption

At17:30onApril6,2023(UTC),wehavesuspendedthesubscriptionandredemptionofNEAR3L.Subscriptionandredemptionordersthathavebeenappliedforwillnotbeaffected.

2.TheMergerofLeveragedTokensNEAR3L

At08:00onApril07,2023(UTC),wehavesuspendedthetradingofNEAR3L/USDT.Allexistingtradeordersarecancelled.WethentakeasnapshotoftheNEAR3Lbalanceintheuser'saccountandcombinetheNEAR3Lsharesintheratioof100,000NEAR3L=1NEAR3L.

ItisexpectedthatthemergeroftheleveragedtokenNEAR3Lwillbecompletedat11:00(UTC)onApril7,2023.Ifthemergeriscompletedaheadofschedule,wewillopenthetradingforNEAR3L/USDT.ThesubscriptionandredemptionfunctionsforNEAR3Lwillalsobeopenedatthistime.

Thanksforyoursupport!?TheKuCoinTeam?

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

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