Dear CoinW users.
In order to provide you with better user rights, CoinW will optimize some ETF products. CoinW will temporarily delist BISO 4L、BISO 4S、WSB 4L、WSB 4S ETF Products on 2023/6/12 7:00(UTC). then close BISO 4L/USDT、BISO 4S/USDT、WSB 4L/USDT、WSB 4S/USDT trading pairs.
Users who hold positions in related products are requested to close their positions before they are delisted, and users who have not closed their positions will be settled uniformly after delisting.
Regarding asset settlement of related ETF products:
For users who do not voluntarily close their positions after delisting, CoinW will conduct unified settlement for all BISO 4L、BISO 4S、WSB 4L、WSB 4S 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!
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CoinW
2023/6/12