Dear LBank users,
To enhance the trading experience for our users,
CRO3S, RLC3S, LTC5L, XTZ3L, UNI5L will undergo a 1-for-10,000 reverse token split. The process will commence at 07:45 (UTC) on August 29, 2025, and will take approximately Four hours to complete. The total asset value users hold will remain unaffected by the reverse split.
To enhance the trading experience for our users,
CRO3S, RLC3S, LTC5L, XTZ3L, UNI5L will undergo a 1-for-10,000 reverse token split. The process will commence at 07:45 (UTC) on August 29, 2025, and will take approximately Four hours to complete. The total asset value users hold will remain unaffected by the reverse split.
Following the 1-for-10,000 reverse split:
10,000 CRO3S (before) = 1 CRO3S (after)
Same as RLC3S, LTC5L, XTZ3L, UNI5L
During the reverse split period, CRO3S, RLC3S, LTC5L, XTZ3L, UNI5L will happen:
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All existing orders will be automatically canceled, and trading will be temporarily suspended.
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A snapshot of users' account balances will be taken.
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Asset balances will be updated accordingly, and trading will resume.
Please check the updated
CRO3S, RLC3S, LTC5L, XTZ3L, UNI5L
assets in "Wallet → Spot" after the reverse split.
【Regarding Reverse Split】
When the leveraged token price falls below 0.01 USDT, LBank may implement a reverse token split to prevent any negative impact on users' trading experience. The precise price at which a reverse token split is triggered may vary depending on market conditions.
A reverse token split consolidates the existing number of issued tokens into a smaller quantity of proportionally more valuable tokens.
For instance, with a 1-for-1000 reverse split of BTC3L, if the price of BTC3L is 0.005 USDT and a user holds 1000 BTC3L before the reverse split, the user will possess 1 BTC3L valued at 5 USDT each after the reverse split. The total value of the user's BTC3L holdings will remain unchanged at 5 USDT before and after the reverse split.
Risk Warning:
Trading in the cryptocurrency market carries a substantial risk and may result in significant profits or losses. Exercise caution when trading. Although LBank strives to select high-quality assets, it cannot guarantee profits and will not be held responsible for any trading losses incurred.
In case of any discrepancies in translation, the English version shall prevail.
LBank Community
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Disclaimer
Digital asset trading carries high risks, with price volatility that may lead to loss of principal. Users are solely responsible for investment decisions; LBank is not liable for losses. Understand product risks and invest only in familiar areas; consider seeking advice from a professional financial advisor. LBank’s content is not financial advice, and we reserve the right to modify this disclaimer at any time.