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Statement on the Upcoming DOT Split
Statement on the Upcoming DOT Split
2020-08-21 07:11:57 UTC
64971 Read
As mentioned earlier, the DOT 100X split will take place on August 21st, 2020. We will automatically conduct the split for our users; here are the details for the upcoming split:
1) DOT （old） Spot, Margin, and Perpetual Contract Trading will be suspended from 11:00 AM GMT, August 21st, 2020 until around 12:00 PM GMT, August 21st, 2020 and all related orders will be cancelled during this time span with the assets back to their original accounts. Users who have borrowed DOT (old) via Margin Trading must have the amount paid back in advance or a forced position liquidation might occur.
2) Perpetual Contract Trading will be suspended from 11:00 AM GMT, August 21st, 2020 until around 12:00 PM GMT, August 21st, 2020; users should close their positions in advance, or a forced position liquidation might occur.
3) Borrow & Lending orders will not be affected, with the account amount counted in the DOT (old) Spot.
4) DOT (old) deposits and withdrawals will be suspended during the split.
5) DOT (old) Spot, Margin, and Perpetual Contract Trading will be suspended and all orders will be cancelled before the split.
6) New DOT amount in Gate.io users’ Spot account will be 100X larger than the previous balance.
7) New DOT trading is expected to be enabled after 12:00 PM GMT, August 21st, 2020. For Spot, a call auction will be adopted. For Perpetual Contract, it will open once the market has stabilized.
Deposit DOT at https://www.gate.io/trade/DOT_USDT
*Please note that the New DOT amount in Gate.io users’ Spot account will be 100X larger than the previous balance. The amount of their Margin Trading and Borrow & Lending orders will not be affected. After the trading of “New” DOT has commenced on Gate.io, the price of the token will see a dramatic change (new price is expected to be 1% of the old one). Users should be cautious when placing orders after the split.
Gate.io is a trading platform that does not charge listing fees, only launches quality projects, and provides users with 100% guaranteed and instant deposit-withdrawal services.
Get 30% of all referees' trading fees in the affiliate program at https://www.gate.io/myaccount/myreferrals
Click to Sign up ：https://www.gate.io/m#/register
Download it now at: https://www.gate.io/mobileapp
Scan and download at:
Gate.io New Features:
Spot Trading on Gate.io (200+ tokens):https://www.gate.io/trade/BTC_USDT
Margin Trading on Gate.io (Long or Short):https://www.gate.io/margin_trade/BTC_USDT
Perpetual Contract Trading:https://www.gate.io/futures_trade/BTC_USD
Lending on Gate.io (secure and stable, high annual return):https://www.gate.io/margin/lend/USDT
C2C Trading on Gate.io:https://www.gate.io/c2c/usdt_cny
Download Gate.io APP:https://www.gate.io/mobileapp
Download Wallet.io (ALL in ONE):https://www.wallet.io/
Follow us and get updated at (Follow as to win bonus)
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram：https://t.me/gate_zh
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Aug 21, 2020
1) DOT （old） Spot, Margin, and Perpetual Contract Trading will be suspended from 11:00 AM GMT, August 21st, 2020 until around 12:00 PM GMT, August 21st, 2020 and all related orders will be cancelled during this time span with the assets back to their original accounts. Users who have borrowed DOT (old) via Margin Trading must have the amount paid back in advance or a forced position liquidation might occur.
2) Perpetual Contract Trading will be suspended from 11:00 AM GMT, August 21st, 2020 until around 12:00 PM GMT, August 21st, 2020; users should close their positions in advance, or a forced position liquidation might occur.
3) Borrow & Lending orders will not be affected, with the account amount counted in the DOT (old) Spot.
4) DOT (old) deposits and withdrawals will be suspended during the split.
5) DOT (old) Spot, Margin, and Perpetual Contract Trading will be suspended and all orders will be cancelled before the split.
6) New DOT amount in Gate.io users’ Spot account will be 100X larger than the previous balance.
7) New DOT trading is expected to be enabled after 12:00 PM GMT, August 21st, 2020. For Spot, a call auction will be adopted. For Perpetual Contract, it will open once the market has stabilized.
Deposit DOT at https://www.gate.io/trade/DOT_USDT
*Please note that the New DOT amount in Gate.io users’ Spot account will be 100X larger than the previous balance. The amount of their Margin Trading and Borrow & Lending orders will not be affected. After the trading of “New” DOT has commenced on Gate.io, the price of the token will see a dramatic change (new price is expected to be 1% of the old one). Users should be cautious when placing orders after the split.
Gate.io is a trading platform that does not charge listing fees, only launches quality projects, and provides users with 100% guaranteed and instant deposit-withdrawal services.
Get 30% of all referees' trading fees in the affiliate program at https://www.gate.io/myaccount/myreferrals
Click to Sign up ：https://www.gate.io/m#/register
Download it now at: https://www.gate.io/mobileapp
Scan and download at:
Gate.io New Features:
Spot Trading on Gate.io (200+ tokens):https://www.gate.io/trade/BTC_USDT
Margin Trading on Gate.io (Long or Short):https://www.gate.io/margin_trade/BTC_USDT
Perpetual Contract Trading:https://www.gate.io/futures_trade/BTC_USD
Lending on Gate.io (secure and stable, high annual return):https://www.gate.io/margin/lend/USDT
C2C Trading on Gate.io:https://www.gate.io/c2c/usdt_cny
Download Gate.io APP:https://www.gate.io/mobileapp
Download Wallet.io (ALL in ONE):https://www.wallet.io/
Follow us and get updated at (Follow as to win bonus)
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram：https://t.me/gate_zh
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Aug 21, 2020
