Dear Bitunix users,
Bitunix will support the Litentry (LIT) token swap and rebranding to Heima (HEI). For more information about the rebranding, please refer to the announcement from the project team.
Deposit and Withdrawal
Bitunix will suspend the deposit and withdrawal service for Litentry (LIT) token at 02:00 on Feburary 10, 2025 (UTC).
Please note that any deposit of LIT token after will not be credited to your account.
Deposit for HEI token will open at 08:00 on Feburary 13, 2025.
Token Swap and Redenomination
LIT tokens will assume the ticker of HEI for the token swap.
All LIT tokens will be swapped to HEI at a ratio of 1 LIT = 1 HEI
Token contract addresses for HEI token is shown as follows:
ERC-20: https://etherscan.io/address/0xf8f173e20e15f3b6cb686fb64724d370689de083
BEP-20: https://bscscan.com/address/0xf8f173e20e15f3b6cb686fb64724d370689de083
Spot Trading
Bitunix will delist LIT/USDT trading pair from the spot market at 02:00 on Feburary 13, 2025 (UTC).
All orders will be automatically removed after trading ceases in each respective trading pair.
Spot Trading for HEI/USDT will open at 09:00 on Feburary 13, 2026 (UTC).
Futures Trading
Bitunix will close all positions on the LIT/USDT USDT-M Perpetual Futures trading pair at 10:00 on January 31, 2025 (UTC). All unfilled orders will be cancelled. LIT/USDT trading pair will be delisted after the settlement is complete. Users are advised to close any open positions prior to delisting to avoid autoLIT settlement.
In order to protect users and prevent potential risks in extremely volatile market conditions, Bitunix may undertake additional protective actions toward the LIT/USDT trading pair without further announcement, including but not limited to adjusting the risk limit tiers, maximum leverage value, position value, and maintenance margin rate, updating funding rates, such as the interest rate and funding rate, and using the Last Price Protected mechanism to update the Mark Price.
A separate announcement will be made regarding the listing time of HEI/USDT perpetual futures trading pair.
*Risk Warning:
The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. Bitunix attempts to screen all projects before they come to market. However, even with the best due diligence, there are still possible risks when investing. Bitunix is not liable for investment gains or losses.
Regards,
Bitunix Team
January 31, 2025
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